XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h −0.006%

Price spread now: KuCoin against Gate−0.145%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$750.753% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 on $10k

Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.145%, 7d avg −0.034%

Together, before fees+0.237%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.112% cheaper against Gate than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of −0.034%). If the spread goes back, that is −$11 on $10k: about 6.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPT_USDT	1,809.8	0.0042	pay 0.0021% / 4h	1h 59m	$700K	$336K	100x
Short	KuCoin XPTUSDTM	1,807.2	0.0100	get 0.0050% / 4h	1h 59m	$201K	$54K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.145%Rate

Funding earned: $12.18
Price spread: −0.145% → −0.034%: −$11.15
Slippage, 4 orders: −$48.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$74.32
Costs to cover: 0.753%
Break-even: 49.7 days

Slippage from Gate: live order book, 22 min ago; KuCoin: live order book, 5 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, 22 min ago	0.25 bp	13.3 bp −$13	37.1 bp −$371	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	1.05 bp	25.2 bp −$25	233.4 bp −$2,334	doesn't fit	doesn't fit

XPT on 20 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	1,808	−0.098%	$11K	$36K	30x	as long as short
Lighter XPT	+0.0032%	1h	1,810	+0.010%	$358K	$20K	20x	as long as short
Extended XPT-USD	+0.0032%	1h	1,809.2	−0.034%	$199K	$450K	10x	as long as short
Gate XPT_USDTlong	+0.0042%	4h	1,809.8	long leg	$700K	$336K	100x
Vest PL-PERP	+0.0046%	1h	1,806.8	−0.166%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,805.1	−0.259%	$17K	$20K	10x	as long as short
KuCoin XPTUSDTMshort	+0.0100%	4h	1,807.2	−0.145%	$201K	$54K	75x
Aevo PLATINUM-PERP	+0.0104%	1h	1,810.2	+0.020%	$308	—	10x	as long as short
Variational Omni XPT	+0.0213%	4h	1,807.7	−0.114%	$283K	$329K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,826.4	+0.916%	$6K	$34K	52x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XPTUSDT	+0.0251%	4h	1,809.5	−0.019%	$4.3M	$4.3M	100x	as long as short
MEXC XPT_USDT	+0.0256%	4h	1,809.5	−0.017%	$24.1M	$630K	100x	as long as short
BloFin XPT-USDT	+0.0260%	4h	1,808.4	−0.078%	$86K	$62K	100x	as long as short
edgeX XPTUSDC	+0.0264%	4h	1,807.8	−0.112%	$39K	$283K	10x	as long as short
Paradex XPT-USD-PERP	+0.0270%	8h	1,807.5	−0.127%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0344%	4h	1,809.7	−0.008%	$15K	$31K	20x	as long as short
tradeXYZ xyz:PLATINUM	+0.0362%	1h	1,808.2	−0.089%	$3.6M	$1.4M	20x	as long as short
Bitget XPTUSDT	+0.0438%	4h	1,809	−0.045%	$1.2M	$347K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0534%	4h	1,807.5	−0.130%	$207K	$1.2M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0691%	8h	1,810	+0.010%	$916K	$573K	50x	as long as short