Settings8H · net · $10k
Funding arb · Price arb /

XPT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPT-USD1,788.60.0736pay 0.0092% / 1h45m 18s$147K$706K10x
ShortLighter XPT1,792.30.0504get 0.0063% / 1h45m 18s$358K$51K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago1.12 bp12.7 bp −$1337.1 bp −$371doesn't fitdoesn't fit
Sell Lighter live order book, 61 min ago2.51 bp4.7 bp −$514.0 bp −$140doesn't fitdoesn't fit

XPT on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XPTUSDC−0.0019%4h1,792.9+0.239%$39K$282K10xas long as short
Aster XPTUSDT0.0000%4h1,792.1+0.197%$14K$10K20xas long as short
Binance XPTUSDT0.0000%4h1,791.7+0.174%$4.6M$6.0M100xas long as short
MEXC XPT_USDT0.0000%4h1,791+0.135%$23.0M$713K100xas long as short
Variational Omni XPT0.0000%4h1,791.6+0.165%$251K$196Kas long as short
HTX XPT-USDT0.0000%4h1,791.4+0.158%$11K$39K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,788.9+0.015%$229150xas long as short
Vest PL-PERP+0.0046%1h1,787−0.089%25xas long as short
BloFin XPT-USDT+0.0053%4h1,791.6+0.169%$87K$75K100xas long as short
Bitget XPTUSDT+0.0074%4h1,791.5+0.163%$1.3M$626K100xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PLATINUM+0.0100%1h1,787.9−0.039%$13K$34K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,791.5+0.164%$236K$41K75xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,791.2+0.146%$30510xas long as short
Gate XPT_USDT+0.0116%4h1,791.8+0.177%$642K$597K100xas long as short
tradeXYZ xyz:PLATINUM+0.0131%1h1,789.8+0.067%$3.4M$1.1M20xas long as short
GRVT XPT_USDT_Perp+0.0146%4h1,792.6+0.221%$207K$757K25xas long as short
Paradex XPT-USD-PERP+0.0154%8h1,790.9+0.127%$3K5xas long as short
Injective XPT/USDC PERP+0.0220%1h1,811.1+1.260%$6K$34K52xas long as short
Lighter XPTshort+0.0504%1h1,792.3+0.207%$358K$51K20x
OKX XPT-USDT-SWAP+0.0518%8h1,791+0.134%$907K$1.1M50xas long as short
Extended XPT-USDlong+0.0736%1h1,788.6long leg$147K$706K10x