XPT

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.177%

7d average—if it closes, per $10,000$18funding while held, a day+$12.07

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest PL-PERP	1,808.4	0.0046	pay 0.0006% / 1h	4m 36s	—	$50	25x
Short	Lighter XPT	1,811.6	0.0448	get 0.0056% / 1h	4m 36s	$358K	$21K	20x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee VestbpFee LighterbpOrdersClose when spread is

Spread captured: $17.7
Funding while held: $12.07
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Lighter: 0 bp × 2 orders: $0
Net: $27.76
Spread needed to break even: 0.020%

Slippage unknown: Vest: no order-book sample; Lighter: live order book, 22 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0402%
Per $10,000 a day: +$12.07
Average in range /8h: —

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 Vest no order-book sample	—	—	—	—	—
Sell Lighter live order book, 22 min ago	3.31 bp	6.5 bp −$6	26.0 bp −$260	doesn't fit	doesn't fit

Vest: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Pacifica1,807.3cheapest Extended1,808+0.041%gTrade (Gains Network)1,808.1+0.042%

Vest1,808.4+0.061%

tradeXYZ1,808.7+0.077%MEXC1,809+0.091%Aster1,809.3+0.113%KuCoin1,809.9+0.141%Bitget1,810.1+0.153%Binance1,810.4+0.173%Paradex1,810.6+0.180%Variational Omni1,810.7+0.189%OKX1,810.8+0.194%Gate1,810.8+0.194%edgeX1,810.8+0.194%HTX1,810.9+0.201%Aevo1,811+0.202%BloFin1,811.2+0.217%

Lighter1,811.6+0.238%

Injective1,828.4+1.166%

XPT on 20 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica PLATINUM	−0.061%	+0.0100%	1h	$15K	$20K	10x	as long as short
Extended XPT-USD	−0.020%	+0.0032%	1h	$199K	$433K	10x	as long as short
gTrade (Gains Network) XPT/USD	−0.019%	L +0.0006% / S −0.0006%	1h	$232	—	150x	as long as short
Vest PL-PERPlong	0.000%	+0.0046%	1h	—	$50	25x
tradeXYZ xyz:PLATINUM	+0.017%	+0.0113%	1h	$3.6M	$1.4M	20x	as long as short
MEXC XPT_USDT	+0.030%	+0.0304%	4h	$24.2M	$615K	100x	as long as short
Aster XPTUSDT	+0.052%	+0.0306%	4h	$12K	$27K	20x	as long as short
KuCoin XPTUSDTM	+0.080%	+0.0100%	4h	$201K	$55K	75x	as long as short
Bitget XPTUSDT	+0.092%	+0.0566%	4h	$1.2M	$409K	100x	as long as short
Binance XPTUSDT	+0.112%	+0.0308%	4h	$4.3M	$4.3M	100x	as long as short

Show all 20 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex XPT-USD-PERP	+0.120%	+0.0343%	8h	$3K	—	5x	as long as short
Variational Omni XPT	+0.128%	+0.0240%	4h	$282K	$307K	—	as long as short
OKX XPT-USDT-SWAP	+0.133%	+0.0679%	8h	$922K	$664K	50x	as long as short
Gate XPT_USDT	+0.133%	+0.0294%	4h	$653K	$402K	100x	as long as short
edgeX XPTUSDC	+0.133%	+0.0282%	4h	$39K	$283K	10x	as long as short
HTX XPT-USDT	+0.140%	0.0000%	4h	$10K	$37K	30x	as long as short
Aevo PLATINUM-PERP	+0.141%	+0.0104%	1h	$308	$54	10x	as long as short
BloFin XPT-USDT	+0.156%	+0.0306%	4h	$88K	$60K	100x	as long as short
Lighter XPTshort	+0.177%	+0.0448%	1h	$358K	$21K	20x
Injective XPT/USDC PERP	+1.105%	+0.0220%	1h	$6K	$34K	52x	as long as short