Funding you earn now, next payment 05:00 UTC−0.0780%/8h= −85.4% APRnext payment −$0.97 per $10,000 · paid last 24h −0.061%
Price spread now: Injective against Lighter+0.985%96s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.985% dearer against Lighter than usual: you sell high and buy low (spread +0.985% now, against zero (this spread has no 7-day history yet)): +$98 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 4.2 days. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,797.2 | 0.1000 | pay 0.0125% / 1h | 13m 28s | $355K | $19K | 20x |
| Short | Injective XPT/USDC PERP | 1,814.9 | 0.0220 | get 0.0028% / 1h | 13m 28s | $6K | $34K | 52x |
Lighter XPT
Injective XPT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$163.8
- Price spread: +0.985% → 0.000%
- $98.49
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$65.33
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 31 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 31 min ago | 1.95 bp | 3.0 bp −$3 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,796.8 | −0.022% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.9 | −0.349% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.7 | −0.306% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,794 | −0.178% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERPshort | +0.0220% | 1h | 1,814.9 | +0.985% | $6K | $34K | 52x | |
| Aevo PLATINUM-PERP | +0.0376% | 1h | 1,796.7 | −0.030% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0529% | 1h | 1,794.3 | −0.161% | $3.6M | $1.0M | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0629% | 8h | 1,796.8 | −0.022% | $3K | — | 5x | as long as short |
| KuCoin XPTUSDTM | +0.0716% | 4h | 1,795.2 | −0.109% | $249K | $40K | 75x | as long as short |
| Gate XPT_USDT | +0.0862% | 4h | 1,796.9 | −0.015% | $730K | $511K | 100x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
tradeXYZ xyz:PLATINUM
Paradex XPT-USD-PERP
KuCoin XPTUSDTM
Gate XPT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPTlong | +0.1000% | 1h | 1,797.2 | long leg | $355K | $19K | 20x | |
| Variational Omni XPT | +0.1098% | 4h | 1,796.5 | −0.040% | $280K | $192K | — | as long as short |
| Aster XPTUSDT | +0.1107% | 4h | 1,793.2 | −0.221% | $14K | $9K | 20x | as long as short |
| edgeX XPTUSDC | +0.1140% | 4h | 1,796.3 | −0.052% | $39K | $283K | 10x | as long as short |
| BloFin XPT-USDT | +0.1151% | 4h | 1,796.7 | −0.031% | $89K | $68K | 100x | as long as short |
| MEXC XPT_USDT | +0.1158% | 4h | 1,793.3 | −0.216% | $23.5M | $601K | 100x | as long as short |
| Binance XPTUSDT | +0.1171% | 4h | 1,796.4 | −0.047% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1194% | 8h | 1,796.3 | −0.050% | $954K | $619K | 50x | as long as short |
| Bitget XPTUSDT | +0.1228% | 4h | 1,794.5 | −0.148% | $1.4M | $471K | 100x | as long as short |
| Extended XPT-USD | +0.1256% | 1h | 1,790.9 | −0.349% | $205K | $618K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1630% | 4h | 1,796 | −0.067% | $206K | $815K | 25x | as long as short |
Variational Omni XPT
Aster XPTUSDT
edgeX XPTUSDC
BloFin XPT-USDT
MEXC XPT_USDT
Binance XPTUSDT
OKX XPT-USDT-SWAP
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp