Funding you earn now, next payment 00:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h +0.019%
Price spread now: Bitget against Gate−0.086%7-day average −0.048% · 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−$58as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.086%, 7d avg −0.048%
=Funding pays, the price is against you. Bitget is 0.037% cheaper against Gate than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.048%). If the spread goes back, that is −$4 on $10k: about 26 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.069% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XPT_USDT | 1,818.9 | 0.0260 | pay 0.0130% / 4h | 5m 22s | $678K | $353K | 100x |
| Short | Bitget XPTUSDT | 1,817.4 | 0.0374 | get 0.0187% / 4h | 5m 22s | $1.2M | $337K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $23.94
- Price spread: −0.086% → −0.048%
- −$3.75
- Slippage, 4 orders
- −$27.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.17
- Costs to cover
- 0.544%
- Break-even
- 17.0 days
Slippage from Gate: live order book, 6 min ago; Bitget: live order book, 1 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 Gate live order book, 6 min ago | 0.55 bp | 15.1 bp −$15 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.31 bp | 11.4 bp −$11 | 37.7 bp −$377 | 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 | 1,818.7 | −0.013% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,814.7 | −0.230% | $233 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,815.3 | −0.200% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,814.3 | −0.255% | $17K | $23K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,815.9 | −0.165% | $202K | $19K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,818.2 | −0.042% | $309 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0118% | 1h | 1,816.4 | −0.139% | $3.6M | $1.1M | 20x | as long as short |
| Variational Omni XPT | +0.0217% | 4h | 1,818.5 | −0.021% | $288K | $326K | — | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,835.4 | +0.907% | $6K | $34K | 52x | as long as short |
| BloFin XPT-USDT | +0.0235% | 4h | 1,818.3 | −0.036% | $85K | $64K | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XPT_USDTlong | +0.0260% | 4h | 1,818.9 | long leg | $678K | $353K | 100x | |
| Extended XPT-USD | +0.0272% | 1h | 1,814.9 | −0.223% | $207K | $454K | 10x | as long as short |
| MEXC XPT_USDT | +0.0286% | 4h | 1,816.7 | −0.125% | $24.1M | $647K | 100x | as long as short |
| edgeX XPTUSDC | +0.0288% | 4h | 1,818 | −0.049% | $40K | $282K | 10x | as long as short |
| Binance XPTUSDT | +0.0289% | 4h | 1,818.4 | −0.031% | $4.3M | $4.1M | 100x | as long as short |
| Aster XPTUSDT | +0.0353% | 4h | 1,816.4 | −0.140% | $15K | $12K | 20x | as long as short |
| Bitget XPTUSDTshort | +0.0374% | 4h | 1,817.4 | −0.086% | $1.2M | $337K | 100x | |
| Paradex XPT-USD-PERP | +0.0386% | 8h | 1,817.8 | −0.065% | $3K | — | 5x | as long as short |
| Lighter XPT | +0.0520% | 1h | 1,819.2 | +0.015% | $360K | $19K | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.0662% | 4h | 1,817.9 | −0.058% | $207K | $1.1M | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.0713% | 8h | 1,818.8 | −0.007% | $918K | $524K | 50x | as long as short |
Gate XPT_USDT
Bitget XPTUSDT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
KuCoin XPTUSDTM
tradeXYZ xyz:PLATINUM
Variational Omni XPT
Injective XPT/USDC PERP
BloFin XPT-USDT
Extended XPT-USD
MEXC XPT_USDT
edgeX XPTUSDC
Binance XPTUSDT
Aster XPTUSDT
Paradex XPT-USD-PERP
Lighter XPT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP