Funding you earn now, next payment 12:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against Bitget+0.041%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.255% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.041%, 7d avg +0.018%
=The price spread pays, funding is against you. MEXC is 0.023% dearer against Bitget than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of +0.018%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.056% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPTUSDT | 1,790.7 | 0.0076 | pay 0.0038% / 4h | 2h 19m | $1.3M | $609K | 100x |
| Short | MEXC XPT_USDT | 1,791.4 | 0 | get 0.0000% / 4h | 2h 19m | $23.0M | $715K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$15.96
- Price spread: +0.041% → +0.018%
- $2.3
- Slippage, 4 orders
- −$13.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$39.14
- Costs to cover
- 0.255%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 2 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, 5 min ago | 4.88 bp | 12.8 bp −$13 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.73 bp | 0.7 bp −$1 | 3.7 bp −$37 | 56.4 bp −$5,642 | 246.5 bp −$123.3K |
XPT on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPTUSDC | −0.0014% | 4h | 1,791.3 | +0.037% | $39K | $282K | 10x | as long as short |
| Aster XPTUSDT | 0.0000% | 4h | 1,791.7 | +0.057% | $14K | $10K | 20x | as long as short |
| Binance XPTUSDT | 0.0000% | 4h | 1,791.5 | +0.045% | $4.6M | $5.8M | 100x | as long as short |
| MEXC XPT_USDTshort | 0.0000% | 4h | 1,791.4 | +0.041% | $23.0M | $715K | 100x | |
| Variational Omni XPT | 0.0000% | 4h | 1,791.3 | +0.034% | $252K | $199K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,791.7 | +0.059% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,789.8 | −0.051% | $230 | — | 150x | as long as short |
| BloFin XPT-USDT | +0.0014% | 4h | 1,792.3 | +0.092% | $87K | $74K | 100x | as long as short |
| Injective XPT/USDC PERP | +0.0033% | 1h | 1,811.1 | +1.143% | $6K | $34K | 52x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,788.5 | −0.121% | — | $50 | 25x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,790.1 | −0.032% | $3.4M | $1.1M | 20x | as long as short |
| Gate XPT_USDT | +0.0062% | 4h | 1,792.3 | +0.088% | $653K | $584K | 100x | as long as short |
| Bitget XPTUSDTlong | +0.0076% | 4h | 1,790.7 | long leg | $1.3M | $609K | 100x | |
| Paradex XPT-USD-PERP | +0.0089% | 8h | 1,791 | +0.018% | $3K | — | 5x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,789.9 | −0.043% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,791.5 | +0.046% | $236K | $41K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,791.2 | +0.028% | $304 | — | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.0126% | 4h | 1,790.9 | +0.012% | $207K | $760K | 25x | as long as short |
| Lighter XPT | +0.0328% | 1h | 1,792.4 | +0.097% | $358K | $51K | 20x | as long as short |
| Extended XPT-USD | +0.0448% | 1h | 1,789.6 | −0.060% | $147K | $706K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.0605% | 8h | 1,791.9 | +0.069% | $912K | $1.1M | 50x | as long as short |
Bitget XPTUSDT
MEXC XPT_USDT
edgeX XPTUSDC
Aster XPTUSDT
Binance XPTUSDT
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
BloFin XPT-USDT
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Paradex XPT-USD-PERP
Pacifica PLATINUM
KuCoin XPTUSDTM
GRVT XPT_USDT_Perp
Lighter XPT
Extended XPT-USD
OKX XPT-USDT-SWAP