XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.044%

Price spread now: KuCoin against Bitget+0.032%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$750.753% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.032%, 7d avg +0.014%

Together, before fees+0.036%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.50 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	1,811.4	0.0400	pay 0.0200% / 4h	2h 44m	$1.3M	$357K	100x
Short	KuCoin XPTUSDTM	1,812	0.0100	get 0.0050% / 4h	2h 44m	$201K	$17K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$63
Price spread: +0.032% → +0.014%: $1.82
Slippage, 4 orders: −$51.28
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$136.46
Costs to cover: 0.753%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 60 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 Bitget live order book, 1 min ago	4.22 bp	11.7 bp −$12	32.7 bp −$327	105.5 bp −$10.6K	doesn't fit
Sell KuCoin live order book, 60 min ago	12.60 bp	20.7 bp −$21	193.0 bp −$1,930	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	1,813.4	+0.110%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,807.9	−0.197%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,808.9	−0.140%	—	$50	25x	as long as short
Extended XPT-USD	+0.0056%	1h	1,808.1	−0.183%	$206K	$607K	10x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,810.2	−0.066%	$17K	$25K	10x	as long as short
KuCoin XPTUSDTMshort	+0.0100%	4h	1,812	+0.032%	$201K	$17K	75x
Aevo PLATINUM-PERP	+0.0104%	1h	1,811.9	+0.024%	$308	—	10x	as long as short
Gate XPT_USDT	+0.0172%	4h	1,811.8	+0.018%	$637K	$403K	100x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,834	+1.246%	$6K	$34K	52x	as long as short
Variational Omni XPT	+0.0229%	4h	1,813.8	+0.129%	$287K	$227K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:PLATINUM	+0.0262%	1h	1,810.3	−0.062%	$3.6M	$1.1M	20x	as long as short
BloFin XPT-USDT	+0.0279%	4h	1,814.9	+0.190%	$85K	$69K	100x	as long as short
MEXC XPT_USDT	+0.0298%	4h	1,809.9	−0.084%	$23.8M	$655K	100x	as long as short
Binance XPTUSDT	+0.0302%	4h	1,811.4	−0.001%	$4.2M	$3.9M	100x	as long as short
edgeX XPTUSDC	+0.0308%	4h	1,813.4	+0.107%	$40K	$283K	10x	as long as short
Aster XPTUSDT	+0.0318%	4h	1,810	−0.079%	$15K	$12K	20x	as long as short
Paradex XPT-USD-PERP	+0.0347%	8h	1,811.8	+0.018%	$3K	—	5x	as long as short
Bitget XPTUSDTlong	+0.0400%	4h	1,811.4	long leg	$1.3M	$357K	100x
Lighter XPT	+0.0560%	1h	1,811.7	+0.015%	$358K	$14K	20x	as long as short
GRVT XPT_USDT_Perp	+0.0642%	4h	1,814.2	+0.150%	$208K	$985K	25x	as long as short
OKX XPT-USDT-SWAP	+0.0680%	8h	1,812.2	+0.043%	$908K	$520K	50x	as long as short