Funding you earn now, next payment 11:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.056%
Price spread now: Lighter against Paradex+0.067%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Lighter is 0.067% dearer against Paradex than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XPT-USD-PERP | 1,791.3 | 0.0156 | pay 0.0156% / 8h | 5h 44m | $3K | — | 5x |
| Short | Lighter XPT | 1,792.5 | 0.0504 | get 0.0063% / 1h | 44m 24s | $358K | $51K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- $73
- Price spread: +0.067% → 0.000%
- $6.68
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $75.69
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 62 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 62 min ago | 2.51 bp | 4.7 bp −$5 | 14.0 bp −$140 | doesn't fit | doesn't fit |
Paradex: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPTUSDC | −0.0019% | 4h | 1,792.9 | +0.088% | $39K | $282K | 10x | as long as short |
| Aster XPTUSDT | 0.0000% | 4h | 1,791.4 | +0.008% | $14K | $10K | 20x | as long as short |
| Binance XPTUSDT | 0.0000% | 4h | 1,791.4 | +0.003% | $4.6M | $6.0M | 100x | as long as short |
| MEXC XPT_USDT | 0.0000% | 4h | 1,790.6 | −0.038% | $23.0M | $713K | 100x | as long as short |
| Variational Omni XPT | 0.0000% | 4h | 1,791.6 | +0.014% | $251K | $196K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,791.4 | +0.007% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,788.9 | −0.136% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,786.7 | −0.257% | — | — | 25x | as long as short |
| BloFin XPT-USDT | +0.0053% | 4h | 1,791.6 | +0.018% | $87K | $75K | 100x | as long as short |
| Bitget XPTUSDT | +0.0076% | 4h | 1,791 | −0.017% | $1.3M | $626K | 100x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PLATINUM | +0.0100% | 1h | 1,788.7 | −0.148% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,791.1 | −0.014% | $236K | $41K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,790.9 | −0.025% | $304 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0122% | 4h | 1,791.8 | +0.026% | $642K | $597K | 100x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0134% | 1h | 1,789.3 | −0.112% | $3.4M | $1.1M | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.0146% | 4h | 1,792.6 | +0.070% | $207K | $757K | 25x | as long as short |
| Paradex XPT-USD-PERPlong | +0.0156% | 8h | 1,791.3 | long leg | $3K | — | 5x | |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,811.1 | +1.107% | $6K | $34K | 52x | as long as short |
| Lighter XPTshort | +0.0504% | 1h | 1,792.5 | +0.067% | $358K | $51K | 20x | |
| OKX XPT-USDT-SWAP | +0.0517% | 8h | 1,791.6 | +0.017% | $908K | $1.1M | 50x | as long as short |
| Extended XPT-USD | +0.0736% | 1h | 1,788.7 | −0.145% | $147K | $706K | 10x | as long as short |
Paradex XPT-USD-PERP
Lighter XPT
edgeX XPTUSDC
Aster XPTUSDT
Binance XPTUSDT
MEXC XPT_USDT
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
BloFin XPT-USDT
Bitget XPTUSDT
Pacifica PLATINUM
KuCoin XPTUSDTM
Gate XPT_USDT
tradeXYZ xyz:PLATINUM
GRVT XPT_USDT_Perp
Injective XPT/USDC PERP
OKX XPT-USDT-SWAP
Extended XPT-USD