Funding you earn now, next payment 11:00 UTC+0.0504%/8h= +55.2% APRpaid last 24h +0.058%
Price spread now: Lighter against Variational Omni−0.043%7-day average +0.065% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.043%, 7d avg +0.065%
=Together, before fees+0.226%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.108% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.065%). If the spread goes back, that is −$11 on $10k: about 17 hours of funding at the current rate (+$15 a day). At the pace of the last 4 days (+0.146% in total) that is about 2.8 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.146% in total (about 14.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XPT | 1,794.5 | 0 | get 0.0000% / 4h | 1h 47m | $252K | $199K | — |
| Short | Lighter XPT | 1,793.7 | 0.0504 | get 0.0063% / 1h | 47m 09s | $358K | $51K | 20x |
Variational Omni XPT
Lighter XPTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- $105.84
- Price spread: −0.043% → +0.065%
- −$10.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $95.01
- Costs to cover
- 0.000%
- Break-even
- 0.7 days
Slippage unknown: Variational Omni: RFQ quote, 65 min ago; Lighter: live order book, 59 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 Variational Omni RFQ quote, 65 min ago | 3.29 bp | doesn't fit | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 59 min ago | 2.51 bp | 4.7 bp −$5 | 14.0 bp −$140 | doesn't fit | doesn't fit |
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 | 1,794.4 | −0.003% | $39K | $281K | 10x | as long as short |
| Aster XPTUSDT | 0.0000% | 4h | 1,793.4 | −0.058% | $14K | $10K | 20x | as long as short |
| Binance XPTUSDT | 0.0000% | 4h | 1,793.1 | −0.077% | $4.6M | $6.0M | 100x | as long as short |
| MEXC XPT_USDT | 0.0000% | 4h | 1,792.8 | −0.094% | $23.0M | $713K | 100x | as long as short |
| Variational Omni XPTlong | 0.0000% | 4h | 1,794.5 | long leg | $252K | $199K | — | |
| HTX XPT-USDT | 0.0000% | 4h | 1,794.6 | +0.008% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790 | −0.249% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,788.6 | −0.327% | — | — | 25x | as long as short |
| BloFin XPT-USDT | +0.0047% | 4h | 1,792.9 | −0.086% | $87K | $75K | 100x | as long as short |
| Bitget XPTUSDT | +0.0068% | 4h | 1,792.5 | −0.109% | $1.3M | $627K | 100x | as long as short |
edgeX XPTUSDC
Aster XPTUSDT
Binance XPTUSDT
MEXC XPT_USDT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
BloFin XPT-USDT
Bitget XPTUSDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PLATINUM | +0.0100% | 1h | 1,789.9 | −0.253% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,792.6 | −0.105% | $236K | $41K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,792.7 | −0.100% | $305 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0114% | 4h | 1,793.5 | −0.054% | $643K | $597K | 100x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0126% | 1h | 1,790.8 | −0.205% | $3.4M | $1.1M | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.0136% | 4h | 1,793.1 | −0.079% | $207K | $757K | 25x | as long as short |
| Paradex XPT-USD-PERP | +0.0147% | 8h | 1,792.6 | −0.102% | $3K | — | 5x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,811.1 | +0.928% | $6K | $34K | 52x | as long as short |
| Lighter XPTshort | +0.0504% | 1h | 1,793.7 | −0.043% | $358K | $51K | 20x | |
| OKX XPT-USDT-SWAP | +0.0521% | 8h | 1,793.2 | −0.071% | $909K | $1.1M | 50x | as long as short |
| Extended XPT-USD | +0.0712% | 1h | 1,789.5 | −0.279% | $148K | $706K | 10x | as long as short |
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Gate XPT_USDT
tradeXYZ xyz:PLATINUM
GRVT XPT_USDT_Perp
Paradex XPT-USD-PERP
Injective XPT/USDC PERP
OKX XPT-USDT-SWAP
Extended XPT-USD