Funding you earn now, next payment 23:00 UTC−0.0413%/8h= −45.2% APRpaid last 24h −0.098%
Price spread now: Variational Omni against Lighter−0.148%7-day average −0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.123%−$12 on $10k
+Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.148%, 7d avg −0.064%
=Together, before fees−0.013%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Variational Omni is 0.084% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.123% in total (about -13.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,812.6 | 0.0616 | pay 0.0077% / 1h | 24m 05s | $359K | $20K | 20x |
| Short | Variational Omni XPT | 1,809.9 | 0.0203 | get 0.0101% / 4h | 1h 24m | $283K | $325K | — |
Lighter XPT
Variational Omni XPTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$86.77
- Price spread: −0.148% → −0.064%
- −$8.35
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$95.13
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 51 min ago; Variational Omni: RFQ quote, 60 min ago. Net counts fees only.
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, 51 min ago | 3.32 bp | 8.6 bp −$9 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 60 min ago | 2.79 bp | doesn't fit | 32.3 bp −$323 | 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 | 1,810.6 | −0.111% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,808.6 | −0.221% | $232 | — | 150x | as long as short |
| Extended XPT-USD | +0.0032% | 1h | 1,808.6 | −0.223% | $198K | $448K | 10x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,808.7 | −0.215% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,808.2 | −0.244% | $17K | $20K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,810.7 | −0.103% | $201K | $25K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,811.6 | −0.057% | $308 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0180% | 4h | 1,812.1 | −0.030% | $699K | $337K | 100x | as long as short |
| Variational Omni XPTshort | +0.0203% | 4h | 1,809.9 | −0.148% | $283K | $325K | — | |
| tradeXYZ xyz:PLATINUM | +0.0212% | 1h | 1,809.3 | −0.182% | $3.6M | $1.1M | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Extended XPT-USD
Vest PL-PERP
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Gate XPT_USDT
tradeXYZ xyz:PLATINUMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,828.5 | +0.879% | $6K | $34K | 52x | as long as short |
| MEXC XPT_USDT | +0.0272% | 4h | 1,810.2 | −0.135% | $24.1M | $633K | 100x | as long as short |
| Binance XPTUSDT | +0.0274% | 4h | 1,811.5 | −0.061% | $4.3M | $4.2M | 100x | as long as short |
| edgeX XPTUSDC | +0.0280% | 4h | 1,810.3 | −0.126% | $39K | $281K | 10x | as long as short |
| BloFin XPT-USDT | +0.0300% | 4h | 1,811.6 | −0.056% | $86K | $63K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0324% | 8h | 1,811.3 | −0.074% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0362% | 4h | 1,810 | −0.141% | $15K | $31K | 20x | as long as short |
| Bitget XPTUSDT | +0.0426% | 4h | 1,809.7 | −0.161% | $1.2M | $321K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0602% | 4h | 1,810.5 | −0.114% | $206K | $1.2M | 25x | as long as short |
| Lighter XPTlong | +0.0616% | 1h | 1,812.6 | long leg | $359K | $20K | 20x | |
| OKX XPT-USDT-SWAP | +0.0712% | 8h | 1,811.8 | −0.044% | $917K | $523K | 50x | as long as short |
Injective XPT/USDC PERP
MEXC XPT_USDT
Binance XPTUSDT
edgeX XPTUSDC
BloFin XPT-USDT
Paradex XPT-USD-PERP
Aster XPTUSDT
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP