Funding you earn now, next payment 05:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.062%
Price spread now: KuCoin against Lighter−0.131%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.131%, 7d avg −0.065%
=Together, before fees−0.140%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.066% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,796.2 | 0.0840 | pay 0.0105% / 1h | 37m 46s | $355K | $19K | 20x |
| Short | KuCoin XPTUSDTM | 1,793.9 | 0.0702 | get 0.0351% / 4h | 3h 37m | $248K | $40K | 75x |
Lighter XPT
KuCoin XPTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$28.98
- Price spread: −0.131% → −0.065%
- −$6.58
- Slippage, 4 orders
- −$44.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$91.7
- Costs to cover
- 0.561%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; KuCoin: live order book, 33 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, 7 min ago | 1.95 bp | 3.0 bp −$3 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 7.85 bp | 19.4 bp −$19 | 179.3 bp −$1,793 | 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 | 1,794.3 | −0.109% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.8 | −0.302% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.5 | −0.262% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,790.9 | −0.297% | $13K | $30K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +0.971% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0296% | 1h | 1,795.5 | −0.040% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0425% | 1h | 1,793.1 | −0.173% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTMshort | +0.0702% | 4h | 1,793.9 | −0.131% | $248K | $40K | 75x | |
| Gate XPT_USDT | +0.0718% | 4h | 1,795.9 | −0.019% | $730K | $509K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0828% | 8h | 1,795 | −0.065% | $3K | — | 5x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Paradex XPT-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPTlong | +0.0840% | 1h | 1,796.2 | long leg | $355K | $19K | 20x | |
| Aster XPTUSDT | +0.0998% | 4h | 1,793.2 | −0.165% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0999% | 4h | 1,794.5 | −0.097% | $280K | $199K | — | as long as short |
| BloFin XPT-USDT | +0.1044% | 4h | 1,794.9 | −0.075% | $89K | $68K | 100x | as long as short |
| edgeX XPTUSDC | +0.1050% | 4h | 1,794.5 | −0.094% | $39K | $281K | 10x | as long as short |
| MEXC XPT_USDT | +0.1058% | 4h | 1,793.7 | −0.140% | $23.5M | $600K | 100x | as long as short |
| Binance XPTUSDT | +0.1061% | 4h | 1,795.4 | −0.044% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1128% | 8h | 1,794.9 | −0.072% | $950K | $628K | 50x | as long as short |
| Extended XPT-USD | +0.1136% | 1h | 1,791.3 | −0.273% | $203K | $613K | 10x | as long as short |
| Bitget XPTUSDT | +0.1140% | 4h | 1,794.1 | −0.116% | $1.4M | $469K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1348% | 4h | 1,794.3 | −0.108% | $205K | $814K | 25x | as long as short |
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
OKX XPT-USDT-SWAP
Extended XPT-USD
Bitget XPTUSDT
GRVT XPT_USDT_Perp