Funding you earn now, next payment 06:00 UTC−0.1158%/8h= −126.8% APRpaid last 24h −0.135%
Price spread now: tradeXYZ against GRVT−0.123%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.415% of the position
Funding, last 7 days−0.290%−$29 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.123%, 7d avg −0.104%
=Together, before fees−0.241%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.104%, so right now this pair is about funding alone: −$35 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.290% in total (about -15.1% 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 | GRVT XPT_USDT_Perp | 1,798.1 | 0.1812 | pay 0.0906% / 4h | 2h 44m | $207K | $812K | 25x |
| Short | tradeXYZ xyz:PLATINUM | 1,795.9 | 0.0654 | get 0.0082% / 1h | 44m 57s | $3.6M | $1.0M | 20x |
GRVT XPT_USDT_Perp
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against GRVT. 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
- −$243.2
- Price spread: −0.123% → −0.104%
- −$1.86
- Slippage, 4 orders
- −$14.52
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$286.57
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 63 min ago; tradeXYZ: live order book, 3 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 GRVT live order book, 63 min ago | 0.03 bp | 7.9 bp −$8 | 10995.7 bp −$110.0K | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.39 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 | 1,799.3 | +0.068% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,794 | −0.231% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,794.7 | −0.190% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,796.5 | −0.091% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,814.7 | +0.925% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0480% | 1h | 1,798.8 | +0.040% | $306 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0654% | 1h | 1,795.9 | −0.123% | $3.6M | $1.0M | 20x | |
| KuCoin XPTUSDTM | +0.0836% | 4h | 1,797.9 | −0.014% | $249K | $40K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0877% | 8h | 1,797.6 | −0.028% | $3K | — | 5x | as long as short |
| Gate XPT_USDT | +0.0902% | 4h | 1,799.2 | +0.062% | $735K | $505K | 100x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Gate XPT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.1224% | 1h | 1,798.8 | +0.038% | $356K | $19K | 20x | as long as short |
| Variational Omni XPT | +0.1272% | 4h | 1,797.7 | −0.024% | $280K | $190K | — | as long as short |
| Aster XPTUSDT | +0.1275% | 4h | 1,796.4 | −0.097% | $14K | $9K | 20x | as long as short |
| OKX XPT-USDT-SWAP | +0.1292% | 8h | 1,798.7 | +0.033% | $964K | $629K | 50x | as long as short |
| MEXC XPT_USDT | +0.1324% | 4h | 1,795.3 | −0.159% | $23.6M | $607K | 100x | as long as short |
| edgeX XPTUSDC | +0.1325% | 4h | 1,798.3 | +0.010% | $39K | $283K | 10x | as long as short |
| Binance XPTUSDT | +0.1325% | 4h | 1,798 | −0.008% | $4.5M | $4.3M | 100x | as long as short |
| BloFin XPT-USDT | +0.1362% | 4h | 1,797.9 | −0.009% | $91K | $68K | 100x | as long as short |
| Bitget XPTUSDT | +0.1364% | 4h | 1,796.9 | −0.068% | $1.4M | $484K | 100x | as long as short |
| Extended XPT-USD | +0.1544% | 1h | 1,793.9 | −0.235% | $202K | $620K | 10x | as long as short |
| GRVT XPT_USDT_Perplong | +0.1812% | 4h | 1,798.1 | long leg | $207K | $812K | 25x |
Lighter XPT
Variational Omni XPT
Aster XPTUSDT
OKX XPT-USDT-SWAP
MEXC XPT_USDT
edgeX XPTUSDC
Binance XPTUSDT
BloFin XPT-USDT
Bitget XPTUSDT
Extended XPT-USD