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

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0962%/8h= −105.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.135%
Price spread now: gTrade (Gains Network) against Lighter−0.256%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and gTrade (Gains Network) is 0.256% cheaper against Lighter than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XPT1,795.10.0968pay 0.0121% / 1h9m 43s$355K$19K20x
ShortgTrade (Gains Network) XPT/USD1,790.5L +0.0006% / S −0.0006%get 0.0001% / 1h9m 43s$230150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$202.03
Price spread: −0.256% → 0.000%
−$25.63
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$237.65
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 30 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 30 min ago1.95 bp12.0 bp −$1228.0 bp −$280doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h1,792−0.172%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDshortL +0.0006% / S −0.0006%1h1,790.5−0.256%$230150x
Vest PL-PERP+0.0046%1h1,790.9−0.234%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,792.3−0.156%$13K$31K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,806.8+0.652%$6K$34K52xas long as short
tradeXYZ xyz:PLATINUM+0.0471%1h1,791.7−0.189%$3.6M$1.1M20xas long as short
Aevo PLATINUM-PERP+0.0536%1h1,794.3−0.046%$30510xas long as short
KuCoin XPTUSDTM+0.0690%4h1,793.5−0.091%$248K$41K75xas long as short
Paradex XPT-USD-PERP+0.0715%8h1,793.9−0.066%$3K5xas long as short
Gate XPT_USDT+0.0882%4h1,795−0.003%$723K$537K100xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPTlong+0.0968%1h1,795.1long leg$355K$19K20x
Extended XPT-USD+0.0992%1h1,790.7−0.248%$206K$628K10xas long as short
Aster XPTUSDT+0.1205%4h1,791.3−0.213%$15K$9K20xas long as short
Variational Omni XPT+0.1220%4h1,792.8−0.128%$261K$200Kas long as short
BloFin XPT-USDT+0.1250%4h1,793−0.119%$94K$69K100xas long as short
Binance XPTUSDT+0.1270%4h1,793.7−0.076%$4.5M$4.7M100xas long as short
MEXC XPT_USDT+0.1272%4h1,791.8−0.186%$23.5M$618K100xas long as short
Bitget XPTUSDT+0.1290%4h1,792.8−0.126%$1.4M$505K100xas long as short
edgeX XPTUSDC+0.1297%4h1,790.1−0.281%$39K$281K10xas long as short
OKX XPT-USDT-SWAP+0.1327%8h1,793.6−0.084%$997K$697K50xas long as short
GRVT XPT_USDT_Perp+0.1518%4h1,789−0.340%$206K$808K25xas long as short