Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,717.6+0.0912pay 0.0456% / 4h2h 59m$924K$1.6M—Long BingX
SHORT1,718.7+0.0500get 0.0250% / 4h2h 59m$64K$270K10xShort edgeX
Price gap+0.067%
Funding gap−0.0412% /8h

The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $12 a day and eats that in about 22 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$54−0.0412% /8h now · paid −0.544% over the last 7D
Price+$11spread +0.067% now, avg −0.046% → +0.113% if it goes back
Costs−$420.421% of $10k · taker + slippage, in and out
Result−$85−0.85%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.067%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPT on 23 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Large against open interest10.4 / 11.8 bp
    $10k is over 10% of edgeX’s open interest.
  • Note: Margin at max leverage— + $1,000
    BingX —, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$12.37Long BingX: 6 payments, −$27.36; short edgeX: 6 payments, +$14.99.
  • OK: Entry gap works for you+0.067% vs −0.046%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$64K vs $924K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · edgeX No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0259%/8h × 21 periods−$54.41
Price spread+0.067% → −0.046% (7d avg)+$11.32
Slippage, 4 orderslive order books−$23.14
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$85.24
Costs to cover0.421%Break-evennever at this rate
Slippage: BingX: live order book, 10 min ago; edgeX: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX0.0310.4 bp−$1015.4 bp−$15472.3 bp−$7,226224.0 bp−$112.0K
SELL · SHORTedgeX6.6611.8 bp−$12128.0 bp−$1,280doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XPT news

posts that mention XPT or Platinum, from every exchangeSearch all news →
09-29 17:00MEXCOther7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗
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