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

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.1050%/8h= −115.0% APRnext payment $1.31 per $10,000 · paid last 24h −0.126%
Price spread now: gTrade (Gains Network) against Lighter−0.365%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and gTrade (Gains Network) is 0.365% cheaper against Lighter than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XPT1,798.10.1056pay 0.0132% / 1h3m 15s$355K$20K20x
ShortgTrade (Gains Network) XPT/USD1,791.5L +0.0006% / S −0.0006%get 0.0001% / 1h3m 15s$230150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. 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
−$220.51
Price spread: −0.365% → 0.000%
−$36.48
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$266.99
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 41 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 41 min ago1.95 bp3.0 bp −$314.2 bp −$142doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h1,796.6−0.083%$10K$38K30xas long as short
gTrade (Gains Network) XPT/USDshortL +0.0006% / S −0.0006%1h1,791.5−0.365%$230150x
Vest PL-PERP+0.0046%1h1,792.3−0.323%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,795.1−0.167%$13K$31K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,814.9+0.934%$6K$34K52xas long as short
Aevo PLATINUM-PERP+0.0424%1h1,797.6−0.029%$30610xas long as short
tradeXYZ xyz:PLATINUM+0.0583%1h1,794.9−0.178%$3.6M$1.0M20xas long as short
KuCoin XPTUSDTM+0.0774%4h1,797.5−0.031%$249K$40K75xas long as short
Paradex XPT-USD-PERP+0.0797%8h1,796.9−0.069%$3K5xas long as short
Gate XPT_USDT+0.0898%4h1,797.6−0.027%$730K$511K100xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPTlong+0.1056%1h1,798.1long leg$355K$20K20x
Variational Omni XPT+0.1180%4h1,796.3−0.098%$280K$189Kas long as short
Aster XPTUSDT+0.1192%4h1,793.2−0.271%$14K$9K20xas long as short
BloFin XPT-USDT+0.1211%4h1,796.8−0.074%$90K$68K100xas long as short
OKX XPT-USDT-SWAP+0.1226%8h1,796.3−0.100%$954K$617K50xas long as short
edgeX XPTUSDC+0.1231%4h1,796.3−0.100%$39K$282K10xas long as short
MEXC XPT_USDT+0.1234%4h1,794.8−0.185%$23.6M$604K100xas long as short
Binance XPTUSDT+0.1242%4h1,796.6−0.082%$4.5M$4.3M100xas long as short
Bitget XPTUSDT+0.1298%4h1,795.1−0.166%$1.4M$472K100xas long as short
Extended XPT-USD+0.1416%1h1,791.6−0.363%$205K$617K10xas long as short
GRVT XPT_USDT_Perp+0.1782%4h1,796.1−0.109%$206K$812K25xas long as short