Funding you earn now, next payment 11:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h −0.045%
Price spread now: tradeXYZ against BloFin−0.130%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.130% cheaper against BloFin than usual: you would sell low and buy high (spread −0.130% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 5.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.018% in total) that is about 51 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XPT-USDT | 1,791.6 | 0.0053 | pay 0.0026% / 4h | 1h 44m | $87K | $75K | 100x |
| Short | tradeXYZ xyz:PLATINUM | 1,789.3 | 0.0134 | get 0.0017% / 1h | 44m 21s | $3.4M | $1.1M | 20x |
BloFin XPT-USDT
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against BloFin. 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
- $17.03
- Price spread: −0.130% → 0.000%
- −$13
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$25.98
- Costs to cover
- 0.300%
- Break-even
- 17.7 days
Slippage unknown: BloFin: no order-book sample; tradeXYZ: live order book, 7 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 7 min ago | 1.67 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0019% | 4h | 1,792.9 | +0.070% | $39K | $282K | 10x | as long as short |
| Aster XPTUSDT | 0.0000% | 4h | 1,791.4 | −0.010% | $14K | $10K | 20x | as long as short |
| Binance XPTUSDT | 0.0000% | 4h | 1,791.4 | −0.015% | $4.6M | $6.0M | 100x | as long as short |
| MEXC XPT_USDT | 0.0000% | 4h | 1,790.6 | −0.056% | $23.0M | $713K | 100x | as long as short |
| Variational Omni XPT | 0.0000% | 4h | 1,791.6 | −0.004% | $251K | $196K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,791.4 | −0.012% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,788.9 | −0.154% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,786.7 | −0.275% | — | — | 25x | as long as short |
| BloFin XPT-USDTlong | +0.0053% | 4h | 1,791.6 | long leg | $87K | $75K | 100x | |
| Bitget XPTUSDT | +0.0076% | 4h | 1,791 | −0.035% | $1.3M | $626K | 100x | as long as short |
edgeX XPTUSDC
Aster XPTUSDT
Binance XPTUSDT
MEXC XPT_USDT
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Bitget XPTUSDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PLATINUM | +0.0100% | 1h | 1,788.7 | −0.166% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,791.1 | −0.032% | $236K | $41K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,790.9 | −0.043% | $304 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0122% | 4h | 1,791.8 | +0.007% | $642K | $597K | 100x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0134% | 1h | 1,789.3 | −0.130% | $3.4M | $1.1M | 20x | |
| GRVT XPT_USDT_Perp | +0.0146% | 4h | 1,792.6 | +0.052% | $207K | $757K | 25x | as long as short |
| Paradex XPT-USD-PERP | +0.0156% | 8h | 1,791.3 | −0.018% | $3K | — | 5x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,811.1 | +1.088% | $6K | $34K | 52x | as long as short |
| Lighter XPT | +0.0504% | 1h | 1,792.5 | +0.049% | $358K | $51K | 20x | as long as short |
| OKX XPT-USDT-SWAP | +0.0517% | 8h | 1,791.6 | −0.002% | $908K | $1.1M | 50x | as long as short |
| Extended XPT-USD | +0.0736% | 1h | 1,788.7 | −0.163% | $147K | $706K | 10x | as long as short |
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Gate XPT_USDT
GRVT XPT_USDT_Perp
Paradex XPT-USD-PERP
Injective XPT/USDC PERP
Lighter XPT
OKX XPT-USDT-SWAP
Extended XPT-USD