Funding you earn now, next payment 05:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h +0.049%
Price spread now: Lighter against edgeX+0.025%49s7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.336%+$34 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.025%, 7d avg +0.068%
=Together, before fees+0.355%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.043% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.068%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.336%, so the current rate has only just turned against you. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XPTUSDC | 1,796.6 | 0.1125 | pay 0.0562% / 4h | 3h 14m | $39K | $283K | 10x |
| Short | Lighter XPT | 1,797 | 0.0992 | get 0.0124% / 1h | 14m 17s | $355K | $19K | 20x |
edgeX XPTUSDC
Lighter XPTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$27.93
- Price spread: +0.025% → +0.068%
- −$4.28
- Slippage, 4 orders
- −$32.97
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$74.18
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 min ago; Lighter: live order book, 30 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 edgeX live order book, 38 min ago | 9.90 bp | 15.1 bp −$15 | 136.3 bp −$1,363 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 30 min ago | 1.95 bp | 8.0 bp −$8 | 18.4 bp −$184 | 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 | 1,796.8 | +0.014% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.9 | −0.316% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.8 | −0.265% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,794.8 | −0.096% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,814.9 | +1.021% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0376% | 1h | 1,796.7 | +0.006% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0521% | 1h | 1,794 | −0.142% | $3.6M | $1.0M | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0608% | 8h | 1,796.8 | +0.013% | $3K | — | 5x | as long as short |
| KuCoin XPTUSDTM | +0.0712% | 4h | 1,795.2 | −0.073% | $249K | $40K | 75x | as long as short |
| Gate XPT_USDT | +0.0860% | 4h | 1,797 | +0.023% | $730K | $511K | 100x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
tradeXYZ xyz:PLATINUM
Paradex XPT-USD-PERP
KuCoin XPTUSDTM
Gate XPT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPTshort | +0.0992% | 1h | 1,797 | +0.025% | $355K | $19K | 20x | |
| Variational Omni XPT | +0.1098% | 4h | 1,796.5 | −0.004% | $280K | $192K | — | as long as short |
| Aster XPTUSDT | +0.1107% | 4h | 1,793.2 | −0.185% | $14K | $9K | 20x | as long as short |
| edgeX XPTUSDClong | +0.1125% | 4h | 1,796.6 | long leg | $39K | $283K | 10x | |
| BloFin XPT-USDT | +0.1151% | 4h | 1,796.7 | +0.005% | $89K | $68K | 100x | as long as short |
| MEXC XPT_USDT | +0.1154% | 4h | 1,793.1 | −0.192% | $23.5M | $601K | 100x | as long as short |
| Binance XPTUSDT | +0.1159% | 4h | 1,796.3 | −0.014% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1191% | 8h | 1,796.3 | −0.014% | $954K | $619K | 50x | as long as short |
| Bitget XPTUSDT | +0.1222% | 4h | 1,794.5 | −0.112% | $1.4M | $471K | 100x | as long as short |
| Extended XPT-USD | +0.1248% | 1h | 1,790.9 | −0.317% | $205K | $618K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1586% | 4h | 1,796.3 | −0.013% | $205K | $812K | 25x | as long as short |
Variational Omni XPT
Aster XPTUSDT
BloFin XPT-USDT
MEXC XPT_USDT
Binance XPTUSDT
OKX XPT-USDT-SWAP
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp