Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.113%
Price spread now: Pacifica against Lighter−0.185%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 · Pacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Pacifica is 0.185% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,786.3 | 0.0320 | pay 0.0040% / 1h | 56m 03s | $355K | $24K | 20x |
| Short | Pacifica PLATINUM | 1,783 | 0.0100 | get 0.0013% / 1h | 56m 03s | $13K | $29K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$46.2
- Price spread: −0.185% → 0.000%
- −$18.47
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$72.67
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 38 min ago; Pacifica: 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, 38 min ago | 2.24 bp | 13.6 bp −$14 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 | 1,785.7 | −0.032% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,783 | −0.188% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,782.4 | −0.218% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,783.3 | −0.168% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUMshort | +0.0100% | 1h | 1,783 | −0.185% | $13K | $29K | 10x | |
| KuCoin XPTUSDTM | +0.0186% | 4h | 1,784.5 | −0.099% | $239K | $42K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,802.2 | +0.891% | $6K | $34K | 52x | as long as short |
| Lighter XPTlong | +0.0320% | 1h | 1,786.3 | long leg | $355K | $24K | 20x | |
| Paradex XPT-USD-PERP | +0.0387% | 8h | 1,784.5 | −0.100% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0480% | 1h | 1,785.6 | −0.038% | $304 | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XPT_USDT | +0.0644% | 4h | 1,786.5 | +0.011% | $714K | $533K | 100x | as long as short |
| Extended XPT-USD | +0.0696% | 1h | 1,783.5 | −0.155% | $163K | $690K | 10x | as long as short |
| Aster XPTUSDT | +0.0753% | 4h | 1,784.2 | −0.119% | $15K | $10K | 20x | as long as short |
| Variational Omni XPT | +0.0817% | 4h | 1,783.4 | −0.163% | $263K | $185K | — | as long as short |
| Binance XPTUSDT | +0.0822% | 4h | 1,785.8 | −0.026% | $4.7M | $5.0M | 100x | as long as short |
| MEXC XPT_USDT | +0.0836% | 4h | 1,785.6 | −0.040% | $23.3M | $650K | 100x | as long as short |
| Bitget XPTUSDT | +0.0872% | 4h | 1,785.4 | −0.052% | $1.4M | $500K | 100x | as long as short |
| edgeX XPTUSDC | +0.0873% | 4h | 1,784.1 | −0.123% | $39K | $280K | 10x | as long as short |
| BloFin XPT-USDT | +0.0893% | 4h | 1,785.8 | −0.029% | $96K | $69K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0978% | 4h | 1,783.1 | −0.179% | $204K | $779K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1172% | 8h | 1,786.5 | +0.011% | $1.0M | $749K | 50x | as long as short |
Lighter XPT
Pacifica PLATINUM
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Paradex XPT-USD-PERP
Gate XPT_USDT
Extended XPT-USD
Aster XPTUSDT
Variational Omni XPT
Binance XPTUSDT
MEXC XPT_USDT
Bitget XPTUSDT
edgeX XPTUSDC
BloFin XPT-USDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP