Funding you earn now, next payment 21:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.053%
Price spread now: Lighter against Bitget+0.113%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days+0.324%+$32 on $10k
+Price spread, last 4 days (all we have)−0.145%−$15 · spread now +0.113%, 7d avg +0.083%
=Together, before fees+0.179%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.030% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPTUSDT | 1,808.1 | 0.0702 | pay 0.0351% / 4h | 3h 30m | $1.2M | $401K | 100x |
| Short | Lighter XPT | 1,810.1 | 0.0728 | get 0.0091% / 1h | 30m 58s | $358K | $21K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $5.46
- Price spread: +0.113% → +0.083%
- $2.97
- Slippage, 4 orders
- −$24.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$27.61
- Costs to cover
- 0.360%
- Break-even
- 42.4 days
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 13 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 Bitget live order book, 1 min ago | 2.60 bp | 11.7 bp −$12 | 42.8 bp −$428 | 123.0 bp −$12.3K | doesn't fit |
| Sell Lighter live order book, 13 min ago | 2.21 bp | 7.7 bp −$8 | 16.6 bp −$166 | 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 | 1,809.5 | +0.081% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,805.9 | −0.122% | $232 | — | 20x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,805.7 | −0.131% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,807.3 | −0.041% | $17K | $22K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,809.2 | +0.062% | $308 | $54 | 10x | as long as short |
| Extended XPT-USD | +0.0128% | 1h | 1,806.3 | −0.098% | $199K | $443K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,826.8 | +1.036% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTM | +0.0262% | 4h | 1,809.3 | +0.066% | $201K | $55K | 75x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0305% | 1h | 1,807 | −0.059% | $3.6M | $1.4M | 20x | as long as short |
| Variational Omni XPT | +0.0322% | 4h | 1,809 | +0.051% | $282K | $321K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPT-USDT | +0.0349% | 4h | 1,808.7 | +0.037% | $86K | $62K | 100x | as long as short |
| edgeX XPTUSDC | +0.0381% | 4h | 1,808.8 | +0.042% | $39K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.0386% | 4h | 1,806.3 | −0.098% | $24.1M | $615K | 100x | as long as short |
| Binance XPTUSDT | +0.0389% | 4h | 1,809 | +0.052% | $4.3M | $4.4M | 100x | as long as short |
| Aster XPTUSDT | +0.0429% | 4h | 1,809.1 | +0.059% | $12K | $27K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0535% | 8h | 1,808.7 | +0.034% | $3K | — | 5x | as long as short |
| Gate XPT_USDT | +0.0602% | 4h | 1,808.9 | +0.044% | $699K | $440K | 100x | as long as short |
| Bitget XPTUSDTlong | +0.0702% | 4h | 1,808.1 | long leg | $1.2M | $401K | 100x | |
| Lighter XPTshort | +0.0728% | 1h | 1,810.1 | +0.113% | $358K | $21K | 20x | |
| OKX XPT-USDT-SWAP | +0.0844% | 8h | 1,809.1 | +0.058% | $922K | $679K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1234% | 4h | 1,809 | +0.051% | $206K | $1.3M | 25x | as long as short |
Bitget XPTUSDT
Lighter XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Extended XPT-USD
Injective XPT/USDC PERP
KuCoin XPTUSDTM
tradeXYZ xyz:PLATINUM
Variational Omni XPT
BloFin XPT-USDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Aster XPTUSDT
Paradex XPT-USD-PERP
Gate XPT_USDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp