Funding you earn now, next payment 04:00 UTC−0.0139%/8h= −15.2% APRpaid last 24h −0.037%
Price spread now: Paradex against Lighter−0.114%7-day average — · you buy dearer than you sell
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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.114% cheaper against Lighter than usual: you would sell low and buy high (−$11 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 | 1,799 | 0.0976 | pay 0.0122% / 1h | 11m 00s | $355K | $16K | 20x |
| Short | Paradex XPT-USD-PERP | 1,796.9 | 0.0837 | get 0.0837% / 8h | 4h 11m | $3K | — | 5x |
Lighter XPT
Paradex XPT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$29.2
- Price spread: −0.114% → 0.000%
- −$11.41
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$44.61
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 38 min ago; Paradex: 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 | 1.39 bp | 12.0 bp −$12 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 1,797 | −0.109% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,792 | −0.390% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,793 | −0.334% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,791.6 | −0.412% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0208% | 1h | 1,797.7 | −0.074% | $306 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,818 | +1.054% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0457% | 1h | 1,795.6 | −0.189% | $3.6M | $996K | 20x | as long as short |
| Gate XPT_USDT | +0.0504% | 4h | 1,798.6 | −0.023% | $733K | $504K | 100x | as long as short |
| KuCoin XPTUSDTM | +0.0742% | 4h | 1,797.3 | −0.094% | $249K | $40K | 75x | as long as short |
| Paradex XPT-USD-PERPshort | +0.0837% | 8h | 1,796.9 | −0.114% | $3K | — | 5x |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
KuCoin XPTUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0846% | 4h | 1,797.4 | −0.089% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0851% | 4h | 1,796.8 | −0.122% | $279K | $206K | — | as long as short |
| edgeX XPTUSDC | +0.0856% | 4h | 1,797.1 | −0.103% | $39K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.0902% | 4h | 1,795.1 | −0.216% | $23.6M | $646K | 100x | as long as short |
| Binance XPTUSDT | +0.0911% | 4h | 1,797.6 | −0.079% | $4.5M | $4.3M | 100x | as long as short |
| Extended XPT-USD | +0.0936% | 1h | 1,792.3 | −0.372% | $207K | $612K | 10x | as long as short |
| BloFin XPT-USDT | +0.0964% | 4h | 1,797.3 | −0.095% | $89K | $68K | 100x | as long as short |
| Lighter XPTlong | +0.0976% | 1h | 1,799 | long leg | $355K | $16K | 20x | |
| Bitget XPTUSDT | +0.1018% | 4h | 1,796.7 | −0.130% | $1.3M | $454K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1025% | 8h | 1,798.2 | −0.044% | $942K | $614K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1252% | 4h | 1,796.6 | −0.134% | $204K | $813K | 25x | as long as short |
Aster XPTUSDT
Variational Omni XPT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Extended XPT-USD
BloFin XPT-USDT
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp