Settings8H · net · $10k
Funding arb · Price arb /

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0420%/8h= +46.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.009%
Price spread now: GRVT against Gate−0.069%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.256%+$26 on $10k
Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.069%, 7d avg −0.028%
Together, before fees+0.302%+ Points / potential airdropGRVT: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.041% cheaper against Gate than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.028%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.256% in total) that is about 27 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.256% in total (about 13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XPT_USDT1,822.10.0272pay 0.0136% / 4h3h 58m$677K$344K100x
ShortGRVT XPT_USDT_Perp1,820.80.0692get 0.0346% / 4h3h 58m$207K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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

Funding earned
$88.2
Price spread: −0.069% → −0.028%
−$4.14
Slippage, 4 orders
−$20.78
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$39.28
Costs to cover
0.448%
Break-even
3.9 days
Slippage from Gate: live order book, 13 min ago; GRVT: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 13 min ago0.55 bp15.1 bp −$1532.1 bp −$321doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago0.03 bp5.3 bp −$5doesn't fitdoesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,820−0.116%$11K$36K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,818.9−0.176%$233150xas long as short
Vest PL-PERP+0.0046%1h1,819.1−0.165%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,817.6−0.245%$17K$27K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,821.9−0.014%$202K$19K75xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,821.3−0.046%$31010xas long as short
tradeXYZ xyz:PLATINUM+0.0167%1h1,819.6−0.137%$3.6M$1.1M20xas long as short
Injective XPT/USDC PERP+0.0220%1h1,835.4+0.731%$6K$34K52xas long as short
Variational Omni XPT+0.0230%4h1,820.5−0.089%$288K$326Kas long as short
Gate XPT_USDTlong+0.0272%4h1,822.1long leg$677K$344K100x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XPT-USDT+0.0285%4h1,821.4−0.038%$86K$64K100xas long as short
edgeX XPTUSDC+0.0286%4h1,820.2−0.104%$40K$283K10xas long as short
MEXC XPT_USDT+0.0300%4h1,820.4−0.095%$24.2M$644K100xas long as short
Binance XPTUSDT+0.0304%4h1,821.1−0.057%$4.3M$4.2M100xas long as short
Extended XPT-USD+0.0328%1h1,818.6−0.193%$206K$453K10xas long as short
Aster XPTUSDT+0.0371%4h1,818.8−0.181%$15K$12K20xas long as short
Bitget XPTUSDT+0.0390%4h1,820.4−0.095%$1.3M$334K100xas long as short
Paradex XPT-USD-PERP+0.0405%8h1,821.1−0.057%$3K5xas long as short
Lighter XPT+0.0576%1h1,822.6+0.027%$361K$15K20xas long as short
GRVT XPT_USDT_Perpshort+0.0692%4h1,820.8−0.069%$207K$1.1M25x
OKX XPT-USDT-SWAP+0.0715%8h1,821.5−0.033%$924K$536K50xas long as short