Funding you earn now, next payment 06:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h +0.071%
Price spread now: Lighter against KuCoin+0.098%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$610.609% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.098%, 7d avg +0.065%
=Together, before fees+0.190%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Lighter is 0.033% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPTUSDTM | 1,792.7 | 0.0676 | pay 0.0338% / 4h | 2h 08m | $248K | $41K | 75x |
| Short | Lighter XPT | 1,794.5 | 0.0968 | get 0.0121% / 1h | 8m 18s | $355K | $19K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $61.32
- Price spread: +0.098% → +0.065%
- $3.34
- Slippage, 4 orders
- −$48.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $3.75
- Costs to cover
- 0.609%
- Break-even
- 6.6 days
Slippage from KuCoin: live order book, 48 min ago; Lighter: live order book, 31 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 KuCoin live order book, 48 min ago | 3.28 bp | 15.8 bp −$16 | 196.9 bp −$1,969 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 31 min ago | 1.95 bp | 7.8 bp −$8 | 30.3 bp −$303 | 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 | 1,793.9 | +0.064% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,789.9 | −0.160% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,790.8 | −0.108% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,792.2 | −0.033% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,806.8 | +0.785% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0464% | 1h | 1,791.4 | −0.075% | $3.6M | $1.1M | 20x | as long as short |
| Aevo PLATINUM-PERP | +0.0536% | 1h | 1,793.8 | +0.059% | $305 | — | 10x | as long as short |
| KuCoin XPTUSDTMlong | +0.0676% | 4h | 1,792.7 | long leg | $248K | $41K | 75x | |
| Paradex XPT-USD-PERP | +0.0711% | 8h | 1,793.6 | +0.046% | $3K | — | 5x | as long as short |
| Gate XPT_USDT | +0.0878% | 4h | 1,794.8 | +0.117% | $723K | $537K | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XPT-USD | +0.0944% | 1h | 1,789.7 | −0.170% | $206K | $628K | 10x | as long as short |
| Lighter XPTshort | +0.0968% | 1h | 1,794.5 | +0.098% | $355K | $19K | 20x | |
| Aster XPTUSDT | +0.1201% | 4h | 1,790.6 | −0.120% | $15K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.1220% | 4h | 1,792.8 | +0.003% | $261K | $200K | — | as long as short |
| Binance XPTUSDT | +0.1265% | 4h | 1,793.4 | +0.038% | $4.5M | $4.6M | 100x | as long as short |
| MEXC XPT_USDT | +0.1270% | 4h | 1,791.2 | −0.088% | $23.4M | $618K | 100x | as long as short |
| Bitget XPTUSDT | +0.1280% | 4h | 1,792.4 | −0.017% | $1.4M | $505K | 100x | as long as short |
| edgeX XPTUSDC | +0.1290% | 4h | 1,792.6 | −0.010% | $39K | $281K | 10x | as long as short |
| BloFin XPT-USDT | +0.1303% | 4h | 1,793.6 | +0.050% | $93K | $69K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1327% | 8h | 1,794.2 | +0.081% | $997K | $698K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1484% | 4h | 1,793.4 | +0.039% | $206K | $808K | 25x | as long as short |
KuCoin XPTUSDTM
Lighter XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
Paradex XPT-USD-PERP
Gate XPT_USDT
Extended XPT-USD
Aster XPTUSDT
Variational Omni XPT
Binance XPTUSDT
MEXC XPT_USDT
Bitget XPTUSDT
edgeX XPTUSDC
BloFin XPT-USDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp