Settings8H · net · $10k
Funding arb · Price arb /

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.062%
Price spread now: Extended against Lighter−0.152%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.273%−$27 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.152%, 7d avg −0.121%
Together, before fees−0.252%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.031% cheaper against Lighter than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.121%). If the spread goes back, that is −$3 on $10k: about 38 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.273%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XPT1,783.70.0312pay 0.0039% / 1h7m 39s$356K$30K20x
ShortExtended XPT-USD1,7810.0376get 0.0047% / 1h7m 39s$154K$697K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$13.44
Price spread: −0.152% → −0.121%
−$3.07
Slippage, 4 orders
−$27.26
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$21.88
Costs to cover
0.323%
Break-even
18.4 days
Slippage from Lighter: live order book, 22 min ago; Extended: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 22 min ago2.24 bp8.4 bp −$830.1 bp −$301doesn't fitdoesn't fit
Sell Extended live order book, 30 min ago1.40 bp8.6 bp −$939.1 bp −$391doesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,783.8+0.006%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,780.7−0.166%$228150xas long as short
Vest PL-PERP+0.0046%1h1,780.4−0.185%$5025xas long as short
tradeXYZ xyz:PLATINUM+0.0050%1h1,780.4−0.185%$3.6M$1.1M20xas long as short
Pacifica PLATINUM+0.0100%1h1,780.4−0.185%$13K$32K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,782.1−0.089%$238K$40K75xas long as short
Injective XPT/USDC PERP+0.0220%1h1,800.3+0.930%$6K$34K52xas long as short
Paradex XPT-USD-PERP+0.0228%8h1,782.9−0.047%$3K5xas long as short
Lighter XPTlong+0.0312%1h1,783.7long leg$356K$30K20x
Aevo PLATINUM-PERP+0.0352%1h1,782.1−0.088%$30310xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XPTUSDT+0.0367%4h1,781.9−0.100%$15K$10K20xas long as short
Extended XPT-USDshort+0.0376%1h1,781−0.152%$154K$697K10x
Variational Omni XPT+0.0382%4h1,785.4+0.098%$245K$205Kas long as short
Binance XPTUSDT+0.0415%4h1,782.7−0.054%$4.6M$5.2M100xas long as short
MEXC XPT_USDT+0.0422%4h1,782.8−0.050%$23.3M$653K100xas long as short
BloFin XPT-USDT+0.0467%4h1,783.7+0.002%$97K$70K100xas long as short
edgeX XPTUSDC+0.0475%4h1,785.7+0.114%$39K$282K10xas long as short
Bitget XPTUSDT+0.0536%4h1,781.5−0.124%$1.3M$526K100xas long as short
Gate XPT_USDT+0.0560%4h1,783.8+0.006%$687K$555K100xas long as short
GRVT XPT_USDT_Perp+0.0716%4h1,784.5+0.044%$204K$777K25xas long as short
OKX XPT-USDT-SWAP+0.0997%8h1,782.8−0.050%$1.0M$787K50xas long as short