Funding you earn now, next payment 00:00 UTC+0.0519%/8h= +56.9% APRpaid last 24h +0.022%
Price spread now: OKX against Gate−0.017%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$510.511% of the position
Funding, last 7 days+0.185%+$18 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.017%, 7d avg +0.018%
=Funding pays, the price is against you. OKX is 0.034% cheaper against Gate than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.018%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.185% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.185% in total (about 9.6% 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 | Gate XPT_USDT | 1,812.1 | 0.0194 | pay 0.0097% / 4h | 1h 19m | $695K | $339K | 100x |
| Short | OKX XPT-USDT-SWAP | 1,811.8 | 0.0713 | get 0.0713% / 8h | 1h 19m | $917K | $523K | 50x |
Gate XPT_USDT
OKX XPT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $109.08
- Price spread: −0.017% → +0.018%
- −$3.45
- Slippage, 4 orders
- −$26.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $54.58
- Costs to cover
- 0.511%
- Break-even
- 3.5 days
Slippage from Gate: live order book, 62 min ago; OKX: live order book, 61 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, 62 min ago | 0.25 bp | 13.3 bp −$13 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell OKX live order book, 61 min ago | 0.28 bp | 13.3 bp −$13 | 37.0 bp −$370 | 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 | 1,811.6 | −0.028% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,808 | −0.228% | $232 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,808.3 | −0.210% | — | $50 | 25x | as long as short |
| Extended XPT-USD | +0.0064% | 1h | 1,808.5 | −0.196% | $198K | $448K | 10x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,808.3 | −0.211% | $17K | $20K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,810.7 | −0.076% | $201K | $25K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,811.3 | −0.044% | $308 | — | 10x | as long as short |
| Gate XPT_USDTlong | +0.0194% | 4h | 1,812.1 | long leg | $695K | $339K | 100x | |
| Variational Omni XPT | +0.0207% | 4h | 1,811.4 | −0.037% | $283K | $325K | — | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0210% | 1h | 1,809.3 | −0.155% | $3.6M | $1.1M | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Extended XPT-USD
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Variational Omni XPT
tradeXYZ xyz:PLATINUMShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,828.5 | +0.907% | $6K | $34K | 52x | as long as short |
| MEXC XPT_USDT | +0.0280% | 4h | 1,810.2 | −0.103% | $24.1M | $633K | 100x | as long as short |
| Binance XPTUSDT | +0.0282% | 4h | 1,811.4 | −0.038% | $4.3M | $4.2M | 100x | as long as short |
| BloFin XPT-USDT | +0.0285% | 4h | 1,811.6 | −0.025% | $86K | $63K | 100x | as long as short |
| edgeX XPTUSDC | +0.0290% | 4h | 1,811.2 | −0.049% | $39K | $282K | 10x | as long as short |
| Paradex XPT-USD-PERP | +0.0337% | 8h | 1,811.5 | −0.035% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0366% | 4h | 1,810.3 | −0.100% | $15K | $31K | 20x | as long as short |
| Bitget XPTUSDT | +0.0428% | 4h | 1,809.7 | −0.133% | $1.2M | $321K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0608% | 4h | 1,811.3 | −0.046% | $206K | $1.2M | 25x | as long as short |
| Lighter XPT | +0.0624% | 1h | 1,812.1 | 0.000% | $358K | $20K | 20x | as long as short |
| OKX XPT-USDT-SWAPshort | +0.0713% | 8h | 1,811.8 | −0.017% | $917K | $523K | 50x |
Injective XPT/USDC PERP
MEXC XPT_USDT
Binance XPTUSDT
BloFin XPT-USDT
edgeX XPTUSDC
Paradex XPT-USD-PERP
Aster XPTUSDT
Bitget XPTUSDT
GRVT XPT_USDT_Perp
Lighter XPT