Funding you earn now, next payment 03:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h +0.031%
Price spread now: Lighter against Paradex+0.084%7-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 airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.084% dearer against Paradex than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XPT-USD-PERP | 1,799.5 | 0.0621 | pay 0.0621% / 8h | 5h 50m | $3K | — | 5x |
| Short | Lighter XPT | 1,801 | 0.0832 | get 0.0104% / 1h | 50m 24s | $356K | $14K | 20x |
Paradex XPT-USD-PERP
Lighter XPTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- $44.28
- Price spread: +0.084% → 0.000%
- $8.39
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $48.67
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 4 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 1.38 bp | 12.2 bp −$12 | 30.8 bp −$308 | doesn't fit | doesn't fit |
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 20 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 | 1,803.9 | +0.243% | $11K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,795.1 | −0.243% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,796.5 | −0.166% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,795.4 | −0.227% | $13K | $28K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,799.6 | +0.008% | $306 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,820.8 | +1.186% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0360% | 4h | 1,800 | +0.028% | $635K | $427K | 100x | as long as short |
| KuCoin XPTUSDTM | +0.0382% | 4h | 1,800.7 | +0.066% | $201K | $17K | 75x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0473% | 1h | 1,797.9 | −0.088% | $3.6M | $985K | 20x | as long as short |
| Variational Omni XPT | +0.0514% | 4h | 1,798.9 | −0.035% | $280K | $232K | — | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
Gate XPT_USDT
KuCoin XPTUSDTM
tradeXYZ xyz:PLATINUM
Variational Omni XPTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0529% | 4h | 1,799.6 | +0.009% | $14K | $10K | 20x | as long as short |
| MEXC XPT_USDT | +0.0570% | 4h | 1,799 | −0.028% | $23.7M | $653K | 100x | as long as short |
| Binance XPTUSDT | +0.0576% | 4h | 1,799.3 | −0.011% | $4.2M | $3.8M | 100x | as long as short |
| edgeX XPTUSDC | +0.0577% | 4h | 1,803.5 | +0.221% | $39K | $282K | 10x | as long as short |
| Paradex XPT-USD-PERPlong | +0.0621% | 8h | 1,799.5 | long leg | $3K | — | 5x | |
| Bitget XPTUSDT | +0.0670% | 4h | 1,798.9 | −0.034% | $1.3M | $393K | 100x | as long as short |
| Extended XPT-USD | +0.0720% | 1h | 1,796.1 | −0.190% | $204K | $617K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.0769% | 8h | 1,800.3 | +0.045% | $902K | $512K | 50x | as long as short |
| Lighter XPTshort | +0.0832% | 1h | 1,801 | +0.084% | $356K | $14K | 20x | |
| GRVT XPT_USDT_Perp | +0.1062% | 4h | 1,802.5 | +0.168% | $205K | $872K | 25x | as long as short |
Aster XPTUSDT
MEXC XPT_USDT
Binance XPTUSDT
edgeX XPTUSDC
Bitget XPTUSDT
Extended XPT-USD
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp