Funding you earn now, next payment 00:00 UTC−0.0207%/8h= −22.6% APRnext payment −$1.03 per $10,000 · paid last 24h −0.027%
Price spread now: edgeX against Bitget+0.038%64s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.038%, 7d avg +0.013%
=Together, before fees−0.081%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.024% dearer against Bitget than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of +0.013%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.048% in total) that is about 3.5 days. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.03 per $10,000. 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 | Bitget XPTUSDT | 1,807.9 | 0.0636 | pay 0.0318% / 4h | 2h 22m | $1.2M | $430K | 100x |
| Short | edgeX XPTUSDC | 1,808.5 | 0.0429 | get 0.0215% / 4h | 2h 22m | $39K | $281K | 10x |
Bitget XPTUSDT
edgeX XPTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$43.44
- Price spread: +0.038% → +0.013%
- $2.41
- Slippage, 4 orders
- −$16.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$78.37
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, just now.
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 Bitget live order book, 4 min ago | 2.93 bp | 11.4 bp −$11 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell edgeX live order book, just now | 0.69 bp | 5.9 bp −$6 | 129.2 bp −$1,292 | doesn't fit | doesn't fit |
XPT on 20 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 | 1,808.3 | +0.025% | $11K | $36K | 30x | as long as short |
| Extended XPT-USD | +0.0032% | 1h | 1,806.5 | −0.075% | $198K | $444K | 10x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,805.6 | −0.125% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,806.1 | −0.097% | $17K | $20K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,808.2 | +0.019% | $307 | $54 | 10x | as long as short |
| Gate XPT_USDT | +0.0150% | 4h | 1,809 | +0.062% | $699K | $431K | 100x | as long as short |
| Lighter XPT | +0.0208% | 1h | 1,809.4 | +0.085% | $358K | $21K | 20x | as long as short |
| KuCoin XPTUSDTM | +0.0214% | 4h | 1,807.5 | −0.019% | $201K | $55K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,826.5 | +1.029% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0263% | 1h | 1,806.6 | −0.070% | $3.6M | $1.4M | 20x | as long as short |
HTX XPT-USDT
Extended XPT-USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Gate XPT_USDT
Lighter XPT
KuCoin XPTUSDTM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | +0.0380% | 4h | 1,808.3 | +0.026% | $278K | $326K | — | as long as short |
| BloFin XPT-USDT | +0.0384% | 4h | 1,808.2 | +0.021% | $86K | $63K | 100x | as long as short |
| Binance XPTUSDT | +0.0405% | 4h | 1,808.3 | +0.022% | $4.3M | $4.4M | 100x | as long as short |
| MEXC XPT_USDT | +0.0412% | 4h | 1,808.3 | +0.023% | $24.1M | $632K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0421% | 8h | 1,808.4 | +0.029% | $3K | — | 5x | as long as short |
| edgeX XPTUSDCshort | +0.0429% | 4h | 1,808.5 | +0.038% | $39K | $281K | 10x | |
| Aster XPTUSDT | +0.0512% | 4h | 1,808.2 | +0.018% | $13K | $31K | 20x | as long as short |
| Bitget XPTUSDTlong | +0.0636% | 4h | 1,807.9 | long leg | $1.2M | $430K | 100x | |
| OKX XPT-USDT-SWAP | +0.0798% | 8h | 1,808.8 | +0.052% | $922K | $640K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.0924% | 4h | 1,808.1 | +0.013% | $207K | $1.2M | 25x | as long as short |
Variational Omni XPT
BloFin XPT-USDT
Binance XPTUSDT
MEXC XPT_USDT
Paradex XPT-USD-PERP
Aster XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp