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

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0744%/8h= −81.5% APRpaid last 24h −0.118%
Price spread now: HTX against Lighter−0.126%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 5 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 −$22 a day on $10k at the current rate, and HTX is 0.126% cheaper against Lighter than usual: you would sell low and buy high (−$13 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 XPT1,796.50.0744pay 0.0093% / 1h34m 07s$355K$15K20x
ShortHTX XPT-USDT1,794.20get 0.0000% / 4h34m 07s$10K$38K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$156.24
Price spread: −0.126% → 0.000%
−$12.58
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$180.82
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 15 min ago; HTX: 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, 15 min ago1.39 bp12.0 bp −$1228.5 bp −$285doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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-USDTshort0.0000%4h1,794.2−0.126%$10K$38K30x
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,791.6−0.274%$230150xas long as short
Vest PL-PERP+0.0046%1h1,792.5−0.223%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,791.2−0.294%$13K$29K10xas long as short
Aevo PLATINUM-PERP+0.0128%1h1,795.3−0.068%$30510xas long as short
Injective XPT/USDC PERP+0.0220%1h1,813.3+0.936%$6K$34K52xas long as short
tradeXYZ xyz:PLATINUM+0.0243%1h1,793.3−0.178%$3.5M$977K20xas long as short
Gate XPT_USDT+0.0428%4h1,796.6+0.006%$639K$441K100xas long as short
KuCoin XPTUSDTM+0.0590%4h1,795.5−0.056%$200K$17K75xas long as short
Paradex XPT-USD-PERP+0.0635%8h1,795−0.086%$3K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XPTUSDT+0.0688%4h1,793.7−0.156%$14K$10K20xas long as short
Variational Omni XPT+0.0704%4h1,795.2−0.071%$279K$213Kas long as short
Extended XPT-USD+0.0720%1h1,791.7−0.269%$202K$612K10xas long as short
Lighter XPTlong+0.0744%1h1,796.5long leg$355K$15K20x
edgeX XPTUSDC+0.0748%4h1,795.2−0.071%$39K$282K10xas long as short
Binance XPTUSDT+0.0760%4h1,795.8−0.042%$4.3M$3.8M100xas long as short
MEXC XPT_USDT+0.0762%4h1,793.8−0.148%$23.5M$644K100xas long as short
BloFin XPT-USDT+0.0775%4h1,794.7−0.102%$88K$67K100xas long as short
Bitget XPTUSDT+0.0874%4h1,794.1−0.135%$1.3M$389K100xas long as short
OKX XPT-USDT-SWAP+0.0937%8h1,796.7+0.011%$937K$560K50xas long as short
GRVT XPT_USDT_Perp+0.1154%4h1,795.5−0.054%$204K$815K25xas long as short