Funding you earn now, next payment 07:00 UTC−0.0979%/8h= −107.2% APRpaid last 24h −0.024%
Price spread now: tradeXYZ against edgeX−0.194%66s7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as 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−$520.522% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.194%, 7d avg −0.098%
=Together, before fees+0.171%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and tradeXYZ is 0.095% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.098%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.050%, so the current rate has only just turned against you. The two prices were read 66 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 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment. 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 | 1,785.1 | 0.1144 | pay 0.0572% / 4h | 1h 38m | $39K | $281K | 10x |
| Short | tradeXYZ xyz:PLATINUM | 1,781.6 | 0.0165 | get 0.0021% / 1h | 38m 23s | $3.6M | $1.1M | 20x |
edgeX XPTUSDC
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against edgeX. 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
- −$205.65
- Price spread: −0.194% → −0.098%
- −$9.55
- Slippage, 4 orders
- −$25.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$267.39
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; tradeXYZ: live order book, 10 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, 4 min ago | 7.65 bp | 12.8 bp −$13 | 131.9 bp −$1,319 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 2.53 bp | 12.6 bp −$13 | doesn't fit | 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 | 1,783.5 | −0.087% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,780.6 | −0.250% | $228 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,780.8 | −0.238% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,780.5 | −0.254% | $13K | $29K | 10x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0165% | 1h | 1,781.6 | −0.194% | $3.6M | $1.1M | 20x | |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,809.9 | +1.391% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTM | +0.0504% | 4h | 1,784.3 | −0.043% | $238K | $42K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0528% | 1h | 1,784.7 | −0.022% | $303 | — | 10x | as long as short |
| Paradex XPT-USD-PERP | +0.0550% | 8h | 1,783.7 | −0.077% | $3K | — | 5x | as long as short |
| Extended XPT-USD | +0.0640% | 1h | 1,780.7 | −0.245% | $201K | $629K | 10x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Paradex XPT-USD-PERP
Extended XPT-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.0680% | 1h | 1,785.3 | +0.014% | $353K | $18K | 20x | as long as short |
| Gate XPT_USDT | +0.0770% | 4h | 1,785.1 | 0.000% | $719K | $537K | 100x | as long as short |
| Aster XPTUSDT | +0.1032% | 4h | 1,783.7 | −0.077% | $15K | $10K | 20x | as long as short |
| BloFin XPT-USDT | +0.1055% | 4h | 1,784.3 | −0.045% | $96K | $69K | 100x | as long as short |
| Variational Omni XPT | +0.1062% | 4h | 1,785.2 | +0.011% | $260K | $192K | — | as long as short |
| Binance XPTUSDT | +0.1099% | 4h | 1,783.5 | −0.086% | $4.5M | $4.8M | 100x | as long as short |
| MEXC XPT_USDT | +0.1106% | 4h | 1,783.3 | −0.100% | $23.3M | $637K | 100x | as long as short |
| Bitget XPTUSDT | +0.1130% | 4h | 1,783.2 | −0.107% | $1.4M | $514K | 100x | as long as short |
| edgeX XPTUSDClong | +0.1144% | 4h | 1,785.1 | long leg | $39K | $281K | 10x | |
| GRVT XPT_USDT_Perp | +0.1214% | 4h | 1,784.7 | −0.020% | $205K | $799K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1280% | 8h | 1,783.7 | −0.076% | $1.0M | $741K | 50x | as long as short |
Lighter XPT
Gate XPT_USDT
Aster XPTUSDT
BloFin XPT-USDT
Variational Omni XPT
Binance XPTUSDT
MEXC XPT_USDT
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP