Funding you earn now, next payment 11:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h +0.050%
Price spread now: Lighter against Extended+0.207%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$340.344% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.207%, 7d avg +0.123%
=Together, before fees+0.205%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.084% dearer against Extended than usual: you sell high and buy low (spread +0.207% now, against its 7-day average of +0.123%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 29 hours. Mind the row above: over the last 7 days funding on this pair paid +0.253%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XPT-USD | 1,788.6 | 0.0736 | pay 0.0092% / 1h | 45m 18s | $147K | $706K | 10x |
| Short | Lighter XPT | 1,792.3 | 0.0504 | get 0.0063% / 1h | 45m 18s | $358K | $51K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$48.72
- Price spread: +0.207% → +0.123%
- $8.36
- Slippage, 4 orders
- −$29.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$74.75
- Costs to cover
- 0.344%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Lighter: live order book, 61 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 Extended live order book, 1 min ago | 1.12 bp | 12.7 bp −$13 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 61 min ago | 2.51 bp | 4.7 bp −$5 | 14.0 bp −$140 | doesn't fit | doesn't fit |
XPT on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPTUSDC | −0.0019% | 4h | 1,792.9 | +0.239% | $39K | $282K | 10x | as long as short |
| Aster XPTUSDT | 0.0000% | 4h | 1,792.1 | +0.197% | $14K | $10K | 20x | as long as short |
| Binance XPTUSDT | 0.0000% | 4h | 1,791.7 | +0.174% | $4.6M | $6.0M | 100x | as long as short |
| MEXC XPT_USDT | 0.0000% | 4h | 1,791 | +0.135% | $23.0M | $713K | 100x | as long as short |
| Variational Omni XPT | 0.0000% | 4h | 1,791.6 | +0.165% | $251K | $196K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,791.4 | +0.158% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,788.9 | +0.015% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,787 | −0.089% | — | — | 25x | as long as short |
| BloFin XPT-USDT | +0.0053% | 4h | 1,791.6 | +0.169% | $87K | $75K | 100x | as long as short |
| Bitget XPTUSDT | +0.0074% | 4h | 1,791.5 | +0.163% | $1.3M | $626K | 100x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PLATINUM | +0.0100% | 1h | 1,787.9 | −0.039% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,791.5 | +0.164% | $236K | $41K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,791.2 | +0.146% | $305 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0116% | 4h | 1,791.8 | +0.177% | $642K | $597K | 100x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0131% | 1h | 1,789.8 | +0.067% | $3.4M | $1.1M | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.0146% | 4h | 1,792.6 | +0.221% | $207K | $757K | 25x | as long as short |
| Paradex XPT-USD-PERP | +0.0154% | 8h | 1,790.9 | +0.127% | $3K | — | 5x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,811.1 | +1.260% | $6K | $34K | 52x | as long as short |
| Lighter XPTshort | +0.0504% | 1h | 1,792.3 | +0.207% | $358K | $51K | 20x | |
| OKX XPT-USDT-SWAP | +0.0518% | 8h | 1,791 | +0.134% | $907K | $1.1M | 50x | as long as short |
| Extended XPT-USDlong | +0.0736% | 1h | 1,788.6 | long leg | $147K | $706K | 10x |
Extended XPT-USD
Lighter XPT
edgeX XPTUSDC
Aster XPTUSDT
Binance XPTUSDT
MEXC XPT_USDT
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
BloFin XPT-USDT
Bitget XPTUSDT
Pacifica PLATINUM
KuCoin XPTUSDTM
Gate XPT_USDT
tradeXYZ xyz:PLATINUM
GRVT XPT_USDT_Perp
Paradex XPT-USD-PERP
Injective XPT/USDC PERP
OKX XPT-USDT-SWAP