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

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0366%/8h= +40.1% APRpaid last 24h +0.069%
Price spread now: Lighter against Gate+0.009%7-day average +0.032% · 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−$44as in the Price arb table
costs, in and out, $10k−$420.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.378%+$38 on $10k
Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.009%, 7d avg +0.032%
Together, before fees+0.345%+ Points / potential airdropLighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.022% cheaper against Gate than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.032%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.378% in total) that is about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XPT_USDT1,799.60.0914pay 0.0457% / 4h2h 48m$736K$503K100x
ShortLighter XPT1,799.80.1280get 0.0160% / 1h48m 06s$356K$19K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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
$76.86
Price spread: +0.009% → +0.032%
−$2.21
Slippage, 4 orders
−$26.86
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
$32.79
Costs to cover
0.419%
Break-even
4.0 days
Slippage from Gate: live order book, 63 min ago; Lighter: live order book, 56 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 Gate live order book, 63 min ago0.14 bp14.4 bp −$1436.3 bp −$363doesn't fitdoesn't fit
Sell Lighter live order book, 56 min ago1.95 bp8.0 bp −$818.4 bp −$184doesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,797.1−0.139%$10K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,794.6−0.282%$230150xas long as short
Vest PL-PERP+0.0046%1h1,795.3−0.241%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,797−0.148%$13K$31K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,814.7+0.840%$6K$34K52xas long as short
Aevo PLATINUM-PERP+0.0472%1h1,799.1−0.027%$30610xas long as short
tradeXYZ xyz:PLATINUM+0.0695%1h1,796.4−0.179%$3.6M$1.0M20xas long as short
KuCoin XPTUSDTM+0.0846%4h1,799.3−0.019%$249K$40K75xas long as short
Paradex XPT-USD-PERP+0.0888%8h1,798.4−0.069%$3K5xas long as short
Gate XPT_USDTlong+0.0914%4h1,799.6long leg$736K$503K100x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPT+0.1268%4h1,798.3−0.077%$277K$188Kas long as short
Aster XPTUSDT+0.1273%4h1,797−0.146%$14K$9K20xas long as short
Lighter XPTshort+0.1280%1h1,799.8+0.009%$356K$19K20x
OKX XPT-USDT-SWAP+0.1286%8h1,798.9−0.041%$964K$630K50xas long as short
BloFin XPT-USDT+0.1286%4h1,798.4−0.066%$90K$68K100xas long as short
edgeX XPTUSDC+0.1303%4h1,796.8−0.156%$39K$282K10xas long as short
MEXC XPT_USDT+0.1322%4h1,795.8−0.215%$23.6M$607K100xas long as short
Binance XPTUSDT+0.1324%4h1,798.6−0.057%$4.5M$4.3M100xas long as short
Bitget XPTUSDT+0.1366%4h1,798−0.093%$1.4M$489K100xas long as short
Extended XPT-USD+0.1568%1h1,794.7−0.276%$202K$621K10xas long as short
GRVT XPT_USDT_Perp+0.1850%4h1,798.1−0.084%$207K$812K25xas long as short