XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0331%/8h= −36.2% APRnext payment −$1.65 per $10,000 · paid last 24h −0.011%

Price spread now: Gate against edgeX+0.073%52s7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as 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−$620.617% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.073%, 7d avg +0.033%

Together, before fees−0.070%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.040% dearer against edgeX than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.033%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.032% in total) that is about 8.6 days. The two prices were read 52 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 -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.65 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	edgeX XPTUSDC	1,796.3	0.1231	pay 0.0615% / 4h	3h 02m	$39K	$282K	10x
Short	Gate XPT_USDT	1,797.6	0.0900	get 0.0450% / 4h	3h 02m	$730K	$511K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now +0.073%Rate

Funding earned: −$69.48
Price spread: +0.073% → +0.033%: $3.97
Slippage, 4 orders: −$37.72
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$127.23
Costs to cover: 0.617%
Break-even: never at this rate

Slippage from edgeX: live order book, 50 min ago; Gate: live order book, 49 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 edgeX live order book, 50 min ago	9.90 bp	15.1 bp −$15	136.3 bp −$1,363	doesn't fit	doesn't fit
Sell Gate live order book, 49 min ago	0.14 bp	16.4 bp −$16	23.6 bp −$236	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	1,796.6	+0.016%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,791.6	−0.263%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,792.4	−0.218%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,795.5	−0.048%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,814.9	+1.035%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0424%	1h	1,797.6	+0.071%	$306	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0586%	1h	1,794.6	−0.095%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0782%	4h	1,796.8	+0.025%	$249K	$40K	75x	as long as short
Paradex XPT-USD-PERP	+0.0808%	8h	1,797.1	+0.043%	$3K	—	5x	as long as short
Gate XPT_USDTshort	+0.0900%	4h	1,797.6	+0.073%	$730K	$511K	100x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.1064%	1h	1,797.7	+0.077%	$355K	$20K	20x	as long as short
Variational Omni XPT	+0.1180%	4h	1,796.3	+0.001%	$280K	$189K	—	as long as short
Aster XPTUSDT	+0.1201%	4h	1,793.2	−0.171%	$14K	$9K	20x	as long as short
BloFin XPT-USDT	+0.1211%	4h	1,796.8	+0.026%	$90K	$68K	100x	as long as short
OKX XPT-USDT-SWAP	+0.1226%	8h	1,796.7	+0.022%	$954K	$616K	50x	as long as short
edgeX XPTUSDClong	+0.1231%	4h	1,796.3	long leg	$39K	$282K	10x
MEXC XPT_USDT	+0.1242%	4h	1,794.8	−0.087%	$23.6M	$611K	100x	as long as short
Binance XPTUSDT	+0.1249%	4h	1,796.9	+0.033%	$4.5M	$4.3M	100x	as long as short
Bitget XPTUSDT	+0.1304%	4h	1,795.1	−0.066%	$1.4M	$472K	100x	as long as short
Extended XPT-USD	+0.1416%	1h	1,791.6	−0.261%	$205K	$617K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1782%	4h	1,796.1	−0.010%	$206K	$812K	25x	as long as short