Funding you earn now, next payment 11:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.047%
Price spread now: MEXC against Lighter−0.052%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$160.161% of the position
Funding, last 7 days−0.331%−$33 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.052%, 7d avg −0.067%
=Together, before fees−0.275%+ Points / potential airdropLighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,797.9 | 0.0240 | pay 0.0030% / 1h | 59m 19s | $359K | $51K | 20x |
| Short | MEXC XPT_USDT | 1,797 | 0 | get 0.0000% / 4h | 1h 59m | $23.1M | $711K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$50.4
- Price spread: −0.052% → −0.067%
- $1.55
- Slippage, 4 orders
- −$16.13
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$64.98
- Costs to cover
- 0.161%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 47 min ago; MEXC: live order book, 2 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, 47 min ago | 2.51 bp | 9.4 bp −$9 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.03 bp | 1.0 bp −$1 | 3.9 bp −$39 | 67.1 bp −$6,707 | 268.8 bp −$134.4K |
XPT on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPT-USDT | −0.0025% | 4h | 1,796.8 | −0.061% | $87K | $75K | 100x | as long as short |
| Aster XPTUSDT | 0.0000% | 4h | 1,796.1 | −0.101% | $14K | $10K | 20x | as long as short |
| Binance XPTUSDT | 0.0000% | 4h | 1,797 | −0.051% | $4.6M | $5.9M | 100x | as long as short |
| MEXC XPT_USDTshort | 0.0000% | 4h | 1,797 | −0.052% | $23.1M | $711K | 100x | |
| Variational Omni XPT | 0.0000% | 4h | 1,796.5 | −0.077% | $252K | $199K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,798.8 | +0.051% | $11K | $39K | 30x | as long as short |
| edgeX XPTUSDC | +0.0005% | 4h | 1,795.6 | −0.127% | $39K | $283K | 10x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,794.3 | −0.203% | $230 | — | 150x | as long as short |
| Bitget XPTUSDT | +0.0040% | 4h | 1,796.8 | −0.063% | $1.3M | $622K | 100x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,793.5 | −0.245% | — | — | 25x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,795.5 | −0.133% | $3.4M | $1.1M | 20x | as long as short |
| Gate XPT_USDT | +0.0080% | 4h | 1,797.9 | +0.002% | $649K | $590K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0084% | 4h | 1,797.7 | −0.014% | $206K | $757K | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,796.2 | −0.094% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,796.4 | −0.086% | $237K | $41K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,795.7 | −0.124% | $305 | — | 10x | as long as short |
| Paradex XPT-USD-PERP | +0.0104% | 8h | 1,796.8 | −0.059% | $3K | — | 5x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,811.1 | +0.736% | $6K | $34K | 52x | as long as short |
| Lighter XPTlong | +0.0240% | 1h | 1,797.9 | long leg | $359K | $51K | 20x | |
| OKX XPT-USDT-SWAP | +0.0547% | 8h | 1,796.9 | −0.056% | $911K | $1.1M | 50x | as long as short |
| Extended XPT-USD | +0.0552% | 1h | 1,794.8 | −0.171% | $146K | $706K | 10x | as long as short |
Lighter XPT
MEXC XPT_USDT
BloFin XPT-USDT
Aster XPTUSDT
Binance XPTUSDT
Variational Omni XPT
HTX XPT-USDT
edgeX XPTUSDC
gTrade (Gains Network) XPT/USD
Bitget XPTUSDT
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
GRVT XPT_USDT_Perp
Pacifica PLATINUM
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Injective XPT/USDC PERP
OKX XPT-USDT-SWAP
Extended XPT-USD