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

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0440%/8h= +48.2% APRpaid last 24h −0.012%
Price spread now: Extended against Binance−0.089%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.387% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)−0.323%−$32 · spread now −0.089%, 7d avg −0.072%
Together, before fees−0.255%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XPTUSDT1,791.60get 0.0000% / 4h2h 19m$4.6M$5.8M100x
ShortExtended XPT-USD1,7900.0440get 0.0055% / 1h19m 34s$147K$706K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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
$92.4
Price spread: −0.089% → −0.072%
−$1.72
Slippage, 4 orders
−$23.68
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$52
Costs to cover
0.387%
Break-even
3.1 days
Slippage from Binance: live order book, 12 min ago; Extended: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago0.64 bp8.7 bp −$921.7 bp −$217128.3 bp −$12.8Kdoesn't fit
Sell Extended live order book, 31 min ago3.35 bp8.1 bp −$842.1 bp −$421doesn't fitdoesn't fit

XPT on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XPTUSDC−0.0014%4h1,791.3−0.014%$39K$282K10xas long as short
Aster XPTUSDT0.0000%4h1,791.9+0.019%$14K$10K20xas long as short
Binance XPTUSDTlong0.0000%4h1,791.6long leg$4.6M$5.8M100x
MEXC XPT_USDT0.0000%4h1,791.3−0.018%$23.0M$715K100xas long as short
Variational Omni XPT0.0000%4h1,791.3−0.017%$252K$199Kas long as short
HTX XPT-USDT0.0000%4h1,791.7+0.008%$11K$39K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,789.6−0.112%$230150xas long as short
BloFin XPT-USDT+0.0014%4h1,792.3+0.041%$87K$74K100xas long as short
Injective XPT/USDC PERP+0.0033%1h1,811.1+1.091%$6K$34K52xas long as short
Vest PL-PERP+0.0046%1h1,788.5−0.172%$5025xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:PLATINUM+0.0050%1h1,790.1−0.083%$3.4M$1.1M20xas long as short
Gate XPT_USDT+0.0062%4h1,792.2+0.033%$653K$584K100xas long as short
Bitget XPTUSDT+0.0076%4h1,790.7−0.051%$1.3M$609K100xas long as short
Paradex XPT-USD-PERP+0.0089%8h1,791−0.033%$3K5xas long as short
Pacifica PLATINUM+0.0100%1h1,789.9−0.094%$13K$34K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,791.4−0.013%$236K$41K75xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,791−0.034%$30410xas long as short
GRVT XPT_USDT_Perp+0.0126%4h1,790.9−0.039%$207K$760K25xas long as short
Lighter XPT+0.0328%1h1,792.4+0.046%$358K$51K20xas long as short
Extended XPT-USDshort+0.0440%1h1,790−0.089%$147K$706K10x
OKX XPT-USDT-SWAP+0.0605%8h1,791.5−0.004%$912K$1.1M50xas long as short