Funding you earn now, next payment 09:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.011%
Price spread now: tradeXYZ against Injective−1.271%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and tradeXYZ is 1.271% cheaper against Injective than usual: you would sell low and buy high (−$127 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XPT/USDC PERP | 1,800.3 | 0.0220 | pay 0.0028% / 1h | 37m 02s | $6K | $34K | 52x |
| Short | tradeXYZ xyz:PLATINUM | 1,777.4 | 0.0050 | get 0.0006% / 1h | 37m 02s | $3.6M | $1.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Injective. 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
- −$35.7
- Price spread: −1.271% → 0.000%
- −$127.09
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$180.81
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 10 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 10 min ago | 1.97 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1,778.5 | −1.213% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,776.2 | −1.338% | $228 | — | 150x | as long as short |
| GRVT XPT_USDT_Perp | +0.0030% | 4h | 1,778 | −1.238% | $206K | $776K | 25x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,775.1 | −1.399% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0050% | 1h | 1,777.4 | −1.271% | $3.6M | $1.0M | 20x | |
| Pacifica PLATINUM | +0.0100% | 1h | 1,776.9 | −1.299% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,779.4 | −1.158% | $235K | $41K | 75x | as long as short |
| Variational Omni XPT | +0.0112% | 4h | 1,776.6 | −1.315% | $244K | $206K | — | as long as short |
| Aster XPTUSDT | +0.0159% | 4h | 1,778.2 | −1.228% | $15K | $9K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0195% | 8h | 1,779.4 | −1.160% | $3K | — | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPT-USDT | +0.0199% | 4h | 1,779.3 | −1.168% | $97K | $70K | 100x | as long as short |
| Binance XPTUSDT | +0.0210% | 4h | 1,778.9 | −1.189% | $4.6M | $5.3M | 100x | as long as short |
| MEXC XPT_USDT | +0.0210% | 4h | 1,779.3 | −1.164% | $23.1M | $648K | 100x | as long as short |
| edgeX XPTUSDC | +0.0212% | 4h | 1,777.8 | −1.251% | $39K | $282K | 10x | as long as short |
| Injective XPT/USDC PERPlong | +0.0220% | 1h | 1,800.3 | long leg | $6K | $34K | 52x | |
| Aevo PLATINUM-PERP | +0.0256% | 1h | 1,779.6 | −1.147% | $303 | — | 10x | as long as short |
| Lighter XPT | +0.0296% | 1h | 1,780.3 | −1.110% | $355K | $43K | 20x | as long as short |
| Gate XPT_USDT | +0.0300% | 4h | 1,780 | −1.129% | $665K | $556K | 100x | as long as short |
| Bitget XPTUSDT | +0.0362% | 4h | 1,777.8 | −1.250% | $1.3M | $536K | 100x | as long as short |
| Extended XPT-USD | +0.0448% | 1h | 1,775.5 | −1.375% | $153K | $717K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.0876% | 8h | 1,779.2 | −1.171% | $1.1M | $826K | 50x | as long as short |
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
GRVT XPT_USDT_Perp
Pacifica PLATINUM
KuCoin XPTUSDTM
Variational Omni XPT
Aster XPTUSDT
Paradex XPT-USD-PERP
BloFin XPT-USDT
Binance XPTUSDT
MEXC XPT_USDT
edgeX XPTUSDC
Lighter XPT
Gate XPT_USDT
Bitget XPTUSDT
Extended XPT-USD
OKX XPT-USDT-SWAP