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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,783.7 | 0.0312 | pay 0.0039% / 1h | 7m 39s | $356K | $30K | 20x |
| Short | Extended XPT-USD | 1,781 | 0.0376 | get 0.0047% / 1h | 7m 39s | $154K | $697K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 22 min ago | 2.24 bp | 8.4 bp −$8 | 30.1 bp −$301 | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 1.40 bp | 8.6 bp −$9 | 39.1 bp −$391 | doesn't fit | doesn't fit |
XPT on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,783.8 | +0.006% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,780.7 | −0.166% | $228 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,780.4 | −0.185% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,780.4 | −0.185% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,780.4 | −0.185% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,782.1 | −0.089% | $238K | $40K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,800.3 | +0.930% | $6K | $34K | 52x | as long as short |
| Paradex XPT-USD-PERP | +0.0228% | 8h | 1,782.9 | −0.047% | $3K | — | 5x | as long as short |
| Lighter XPTlong | +0.0312% | 1h | 1,783.7 | long leg | $356K | $30K | 20x | |
| Aevo PLATINUM-PERP | +0.0352% | 1h | 1,782.1 | −0.088% | $303 | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0367% | 4h | 1,781.9 | −0.100% | $15K | $10K | 20x | as long as short |
| Extended XPT-USDshort | +0.0376% | 1h | 1,781 | −0.152% | $154K | $697K | 10x | |
| Variational Omni XPT | +0.0382% | 4h | 1,785.4 | +0.098% | $245K | $205K | — | as long as short |
| Binance XPTUSDT | +0.0415% | 4h | 1,782.7 | −0.054% | $4.6M | $5.2M | 100x | as long as short |
| MEXC XPT_USDT | +0.0422% | 4h | 1,782.8 | −0.050% | $23.3M | $653K | 100x | as long as short |
| BloFin XPT-USDT | +0.0467% | 4h | 1,783.7 | +0.002% | $97K | $70K | 100x | as long as short |
| edgeX XPTUSDC | +0.0475% | 4h | 1,785.7 | +0.114% | $39K | $282K | 10x | as long as short |
| Bitget XPTUSDT | +0.0536% | 4h | 1,781.5 | −0.124% | $1.3M | $526K | 100x | as long as short |
| Gate XPT_USDT | +0.0560% | 4h | 1,783.8 | +0.006% | $687K | $555K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0716% | 4h | 1,784.5 | +0.044% | $204K | $777K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.0997% | 8h | 1,782.8 | −0.050% | $1.0M | $787K | 50x | as long as short |
Lighter XPT
Extended XPT-USD
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Paradex XPT-USD-PERP
Aster XPTUSDT
Variational Omni XPT
Binance XPTUSDT
MEXC XPT_USDT
BloFin XPT-USDT
edgeX XPTUSDC
Bitget XPTUSDT
Gate XPT_USDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP