Funding you earn now, next payment 05:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h −0.074%
Price spread now: Extended against Lighter−0.288%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 7 days−0.288%−$29 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.288%, 7d avg −0.116%
=Together, before fees−0.159%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.172% cheaper against Lighter than usual: you would sell low and buy high (spread −0.288% now, against its 7-day average of −0.116%). If the spread goes back, that is −$17 on $10k: about 43 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.288%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,795.9 | 0.0840 | pay 0.0105% / 1h | 42m 38s | $355K | $19K | 20x |
| Short | Extended XPT-USD | 1,790.7 | 0.1160 | get 0.0145% / 1h | 42m 38s | $203K | $613K | 10x |
Lighter XPT
Extended XPT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. 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
- $67.2
- Price spread: −0.288% → −0.116%
- −$17.21
- Slippage, 4 orders
- −$25.04
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $19.95
- Costs to cover
- 0.300%
- Break-even
- 4.9 days
Slippage from Lighter: live order book, 2 min ago; Extended: live order book, 10 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 Lighter live order book, 2 min ago | 1.95 bp | 3.0 bp −$3 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Extended live order book, 10 min ago | 0.84 bp | 9.6 bp −$10 | 66.3 bp −$663 | 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 | 1,797 | +0.063% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,791.3 | −0.256% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,792 | −0.217% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,793.3 | −0.144% | $13K | $29K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +0.988% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0288% | 1h | 1,795.7 | −0.009% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0420% | 1h | 1,792.8 | −0.173% | $3.6M | $1.0M | 20x | as long as short |
| Gate XPT_USDT | +0.0694% | 4h | 1,795.8 | −0.007% | $730K | $509K | 100x | as long as short |
| KuCoin XPTUSDTM | +0.0710% | 4h | 1,794.4 | −0.082% | $248K | $40K | 75x | as long as short |
| Lighter XPTlong | +0.0840% | 1h | 1,795.9 | long leg | $355K | $19K | 20x |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
KuCoin XPTUSDTMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XPT-USD-PERP | +0.0846% | 8h | 1,794.6 | −0.071% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0985% | 4h | 1,793.2 | −0.149% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0991% | 4h | 1,795.7 | −0.013% | $280K | $200K | — | as long as short |
| edgeX XPTUSDC | +0.1043% | 4h | 1,795.5 | −0.025% | $39K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.1050% | 4h | 1,793.4 | −0.140% | $23.5M | $600K | 100x | as long as short |
| Binance XPTUSDT | +0.1051% | 4h | 1,794.9 | −0.057% | $4.5M | $4.3M | 100x | as long as short |
| BloFin XPT-USDT | +0.1078% | 4h | 1,795 | −0.049% | $89K | $68K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1117% | 8h | 1,795.4 | −0.028% | $950K | $633K | 50x | as long as short |
| Bitget XPTUSDT | +0.1138% | 4h | 1,794.1 | −0.100% | $1.4M | $469K | 100x | as long as short |
| Extended XPT-USDshort | +0.1160% | 1h | 1,790.7 | −0.288% | $203K | $613K | 10x | |
| GRVT XPT_USDT_Perp | +0.1322% | 4h | 1,795.5 | −0.025% | $208K | $810K | 25x | as long as short |
Paradex XPT-USD-PERP
Aster XPTUSDT
Variational Omni XPT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
BloFin XPT-USDT
OKX XPT-USDT-SWAP
Bitget XPTUSDT
GRVT XPT_USDT_Perp