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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:PLATINUM | 1,786.7 | 0.0050 | pay 0.0006% / 1h | 31m 12s | $3.6M | $1.1M | 20x |
| Short | Lighter XPT | 1,789.4 | 0.0304 | get 0.0038% / 1h | 31m 12s | $356K | $24K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 7 min ago | 1.96 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 63 min ago | 2.24 bp | 6.7 bp −$7 | 33.2 bp −$332 | doesn't fit | doesn't fit |
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 | 1,788.5 | +0.101% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,786.3 | −0.024% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,785.8 | −0.050% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUMlong | +0.0050% | 1h | 1,786.7 | long leg | $3.6M | $1.1M | 20x | |
| Pacifica PLATINUM | +0.0100% | 1h | 1,785.9 | −0.043% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,788.5 | +0.100% | $239K | $40K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,803.6 | +0.946% | $6K | $34K | 52x | as long as short |
| Lighter XPTshort | +0.0304% | 1h | 1,789.4 | +0.151% | $356K | $24K | 20x | |
| Paradex XPT-USD-PERP | +0.0308% | 8h | 1,788.2 | +0.082% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0424% | 1h | 1,788.7 | +0.114% | $304 | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0565% | 4h | 1,786.9 | +0.009% | $15K | $10K | 20x | as long as short |
| BloFin XPT-USDT | +0.0604% | 4h | 1,789 | +0.130% | $97K | $70K | 100x | as long as short |
| Variational Omni XPT | +0.0619% | 4h | 1,786.4 | −0.019% | $237K | $201K | — | as long as short |
| Binance XPTUSDT | +0.0625% | 4h | 1,788.9 | +0.121% | $4.7M | $5.0M | 100x | as long as short |
| Gate XPT_USDT | +0.0630% | 4h | 1,789.5 | +0.154% | $701K | $541K | 100x | as long as short |
| MEXC XPT_USDT | +0.0632% | 4h | 1,788.1 | +0.079% | $23.3M | $651K | 100x | as long as short |
| edgeX XPTUSDC | +0.0635% | 4h | 1,787.6 | +0.052% | $39K | $282K | 10x | as long as short |
| Extended XPT-USD | +0.0664% | 1h | 1,786.3 | −0.022% | $154K | $699K | 10x | as long as short |
| Bitget XPTUSDT | +0.0702% | 4h | 1,786.8 | +0.006% | $1.4M | $494K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0840% | 4h | 1,788.1 | +0.077% | $205K | $774K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1096% | 8h | 1,788.9 | +0.123% | $1.0M | $753K | 50x | as long as short |
tradeXYZ xyz:PLATINUM
Lighter XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Paradex XPT-USD-PERP
Aster XPTUSDT
BloFin XPT-USDT
Variational Omni XPT
Binance XPTUSDT
Gate XPT_USDT
MEXC XPT_USDT
edgeX XPTUSDC
Extended XPT-USD
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP