Settings8H · net · $10k
Funding arb · Price arb /

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0254%/8h= +27.8% APRnext payment +$0.32 per $10,000 · paid last 24h +0.090%
Price spread now: Lighter against tradeXYZ+0.151%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.468% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.306%+$31 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.151%, 7d avg +0.163%
Together, before fees+0.275%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.163%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:PLATINUM1,786.70.0050pay 0.0006% / 1h31m 12s$3.6M$1.1M20x
ShortLighter XPT1,789.40.0304get 0.0038% / 1h31m 12s$356K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$53.34
Price spread: +0.151% → +0.163%
−$1.23
Slippage, 4 orders
−$28.75
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
$5.36
Costs to cover
0.468%
Break-even
6.3 days
Slippage from tradeXYZ: live order book, 7 min ago; Lighter: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 7 min ago1.96 bp14.3 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 63 min ago2.24 bp6.7 bp −$733.2 bp −$332doesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,788.5+0.101%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,786.3−0.024%$229150xas long as short
Vest PL-PERP+0.0046%1h1,785.8−0.050%$5025xas long as short
tradeXYZ xyz:PLATINUMlong+0.0050%1h1,786.7long leg$3.6M$1.1M20x
Pacifica PLATINUM+0.0100%1h1,785.9−0.043%$13K$32K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,788.5+0.100%$239K$40K75xas long as short
Injective XPT/USDC PERP+0.0220%1h1,803.6+0.946%$6K$34K52xas long as short
Lighter XPTshort+0.0304%1h1,789.4+0.151%$356K$24K20x
Paradex XPT-USD-PERP+0.0308%8h1,788.2+0.082%$3K5xas long as short
Aevo PLATINUM-PERP+0.0424%1h1,788.7+0.114%$30410xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XPTUSDT+0.0565%4h1,786.9+0.009%$15K$10K20xas long as short
BloFin XPT-USDT+0.0604%4h1,789+0.130%$97K$70K100xas long as short
Variational Omni XPT+0.0619%4h1,786.4−0.019%$237K$201Kas long as short
Binance XPTUSDT+0.0625%4h1,788.9+0.121%$4.7M$5.0M100xas long as short
Gate XPT_USDT+0.0630%4h1,789.5+0.154%$701K$541K100xas long as short
MEXC XPT_USDT+0.0632%4h1,788.1+0.079%$23.3M$651K100xas long as short
edgeX XPTUSDC+0.0635%4h1,787.6+0.052%$39K$282K10xas long as short
Extended XPT-USD+0.0664%1h1,786.3−0.022%$154K$699K10xas long as short
Bitget XPTUSDT+0.0702%4h1,786.8+0.006%$1.4M$494K100xas long as short
GRVT XPT_USDT_Perp+0.0840%4h1,788.1+0.077%$205K$774K25xas long as short
OKX XPT-USDT-SWAP+0.1096%8h1,788.9+0.123%$1.0M$753K50xas long as short