Funding you earn now, next payment 03:00 UTC+0.0135%/8h= +14.7% APRpaid last 24h +0.069%
Price spread now: Lighter against Binance+0.056%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.056%, 7d avg +0.049%
=Together, before fees+0.098%+ Points / potential airdropLighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPTUSDT | 1,798.7 | 0.0737 | pay 0.0369% / 4h | 1h 01m | $4.3M | $3.8M | 100x |
| Short | Lighter XPT | 1,799.7 | 0.0872 | get 0.0109% / 1h | 1m 57s | $356K | $15K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $28.27
- Price spread: +0.056% → +0.049%
- $0.75
- Slippage, 4 orders
- −$33.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.6
- Costs to cover
- 0.436%
- Break-even
- 10.6 days
Slippage from Binance: live order book, 5 min ago; Lighter: live order book, 53 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 Binance live order book, 5 min ago | 0.44 bp | 7.6 bp −$8 | 23.3 bp −$233 | 121.3 bp −$12.1K | doesn't fit |
| Sell Lighter live order book, 53 min ago | 1.38 bp | 12.2 bp −$12 | 30.8 bp −$308 | 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 | 1,799 | +0.016% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,794.2 | −0.251% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,794.8 | −0.216% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,796.7 | −0.110% | $13K | $28K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,798.1 | −0.031% | $306 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,820.4 | +1.209% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0398% | 4h | 1,798.9 | +0.011% | $638K | $438K | 100x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0478% | 1h | 1,796.4 | −0.127% | $3.6M | $979K | 20x | as long as short |
| KuCoin XPTUSDTM | +0.0576% | 4h | 1,799.4 | +0.037% | $201K | $17K | 75x | as long as short |
| Aster XPTUSDT | +0.0660% | 4h | 1,796.3 | −0.132% | $14K | $10K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | +0.0671% | 4h | 1,798.3 | −0.020% | $280K | $215K | — | as long as short |
| Paradex XPT-USD-PERP | +0.0690% | 8h | 1,798.1 | −0.033% | $3K | — | 5x | as long as short |
| MEXC XPT_USDT | +0.0736% | 4h | 1,797.7 | −0.053% | $23.6M | $657K | 100x | as long as short |
| Binance XPTUSDTlong | +0.0737% | 4h | 1,798.7 | long leg | $4.3M | $3.8M | 100x | |
| edgeX XPTUSDC | +0.0743% | 4h | 1,798.5 | −0.010% | $39K | $283K | 10x | as long as short |
| Extended XPT-USD | +0.0776% | 1h | 1,794.9 | −0.213% | $204K | $619K | 10x | as long as short |
| BloFin XPT-USDT | +0.0793% | 4h | 1,797.6 | −0.058% | $89K | $68K | 100x | as long as short |
| Bitget XPTUSDT | +0.0836% | 4h | 1,798.1 | −0.035% | $1.3M | $389K | 100x | as long as short |
| Lighter XPTshort | +0.0872% | 1h | 1,799.7 | +0.056% | $356K | $15K | 20x | |
| OKX XPT-USDT-SWAP | +0.0888% | 8h | 1,798.9 | +0.012% | $938K | $562K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1154% | 4h | 1,797.5 | −0.068% | $205K | $829K | 25x | as long as short |
Binance XPTUSDT
Lighter XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
Gate XPT_USDT
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Aster XPTUSDT
Variational Omni XPT
Paradex XPT-USD-PERP
MEXC XPT_USDT
edgeX XPTUSDC
Extended XPT-USD
BloFin XPT-USDT
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp