TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,436.2+0.0057pay 0.0170% / 24h9h 55m$305K$1.9M6.6xLong Kalshi
SHORT1,441.1+0.0100get 0.0050% / 4h3h 55m$924K$1.6M—Short BingX
Price gap+0.343%46s
Funding gap+0.0043% /8h

Both sides work: funding pays +$1 a day on $10k, and the gap is 0.207% above its 7d average: +$21 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$61+0.0043% /8h now · paid +0.611% over the last 7D
Price—spread +0.343%46s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.343%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPT on 23 exchanges

lowest funding first

Before you open

0 ok · 5 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than Kalshi’s order book right now.
  • Note: Margin at max leverage$1,513 + —
    Kalshi 6.6x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ24h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.30Long Kalshi: 1 payment, −$1.70; short BingX: 6 payments, +$3.00.
  • Watch: Prices read 46 s apart+0.343% vs +0.136%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$305K vs $924K OI
    Kalshi sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKalshi Yes · BingX Yes
    A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0291%/8h × 21 periods+$61.07
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Kalshi bp × 2 orders−$0.48
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apart
Costs to cover—Break-even—
Slippage: Kalshi: live order book, 2 min ago; BingX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKalshi648.12doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX0.315.5 bp−$56.4 bp−$6455.8 bp−$5,579414.4 bp−$207.2K

Closing costs about the same again.

Alert

XPT news

posts that mention XPT or Platinum, from every exchangeSearch all news →
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