Funding you earn now, next payment 05:00 UTC−0.0620%/8h= −67.9% APRpaid last 24h −0.039%
Price spread now: tradeXYZ against Binance−0.109%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.109%, 7d avg −0.126%
=Together, before fees+0.032%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.126%, so right now this pair is about funding alone: −$19 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 0.035% in total (about 1.8% 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 | Binance XPTUSDT | 1,795.2 | 0.1049 | pay 0.0525% / 4h | 3h 44m | $4.5M | $4.3M | 100x |
| Short | tradeXYZ xyz:PLATINUM | 1,793.2 | 0.0429 | get 0.0054% / 1h | 44m 34s | $3.6M | $1.0M | 20x |
Binance XPTUSDT
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- −$130.28
- Price spread: −0.109% → −0.126%
- $1.68
- Slippage, 4 orders
- −$13.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$170.54
- Costs to cover
- 0.419%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; tradeXYZ: live order book, 4 min ago.
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 Binance live order book, 8 min ago | 0.42 bp | 8.5 bp −$8 | 23.2 bp −$232 | 111.8 bp −$11.2K | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.84 bp | 11.3 bp −$11 | doesn't fit | 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 | 1,797 | +0.105% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,791.3 | −0.213% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,792 | −0.176% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,793.6 | −0.085% | $13K | $29K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +1.030% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0288% | 1h | 1,796 | +0.044% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0429% | 1h | 1,793.2 | −0.109% | $3.6M | $1.0M | 20x | |
| Gate XPT_USDT | +0.0692% | 4h | 1,796.2 | +0.057% | $730K | $507K | 100x | as long as short |
| KuCoin XPTUSDTM | +0.0716% | 4h | 1,794.7 | −0.028% | $248K | $40K | 75x | as long as short |
| Lighter XPT | +0.0832% | 1h | 1,795.8 | +0.036% | $355K | $19K | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
Gate XPT_USDT
KuCoin XPTUSDTM
Lighter XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XPT-USD-PERP | +0.0855% | 8h | 1,795 | −0.008% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0985% | 4h | 1,793.2 | −0.108% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0991% | 4h | 1,795.7 | +0.028% | $280K | $200K | — | as long as short |
| BloFin XPT-USDT | +0.1003% | 4h | 1,795.5 | +0.018% | $89K | $68K | 100x | as long as short |
| edgeX XPTUSDC | +0.1043% | 4h | 1,795.5 | +0.016% | $39K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.1046% | 4h | 1,793.4 | −0.101% | $23.5M | $599K | 100x | as long as short |
| Binance XPTUSDTlong | +0.1049% | 4h | 1,795.2 | long leg | $4.5M | $4.3M | 100x | |
| OKX XPT-USDT-SWAP | +0.1113% | 8h | 1,795.4 | +0.013% | $950K | $633K | 50x | as long as short |
| Bitget XPTUSDT | +0.1136% | 4h | 1,794.1 | −0.058% | $1.4M | $469K | 100x | as long as short |
| Extended XPT-USD | +0.1184% | 1h | 1,791.3 | −0.213% | $202K | $613K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1326% | 4h | 1,794.8 | −0.022% | $207K | $810K | 25x | as long as short |
Paradex XPT-USD-PERP
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
edgeX XPTUSDC
MEXC XPT_USDT
OKX XPT-USDT-SWAP
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp