XPT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KalshiKXPLATINUMPERP	1,545.2	+0.0040	pay 0.0119% / 24h	7h 07m	$274K	$715K	6.6x	Long Kalshi
SHORT	GateXPT_USDT	1,550	+0.0616	get 0.0308% / 4h	1h 07m	$892K	$103K	100x	Short Gate

Price gap+0.311%

Funding gap+0.0576% /8h

Both sides work: funding pays +$17 a day on $10k, and the gap is 0.184% above its 7d average: +$18 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$4+0.0576% /8h now · paid −0.043% over the last 7D

Price+$18spread +0.311% now, avg +0.127% → +0.184% if it goes back

Costs−$420.419% of $10k · taker + slippage, in and out

Result−$28−0.28%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.043% in total, about −0.0020%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.311%

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 24 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size3.6 / 18.9 bp
At $10k entering Gate costs 18.9 bp, fee and slippage, 5.2× Kalshi’s.
Note: Margin at max leverage$1,513 + $100
Kalshi 6.6x, Gate 100x. 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: +$17.29Long Kalshi: 1 payment, −$1.19; short Gate: 6 payments, +$18.48.
OK: Entry gap works for you+0.311% vs +0.127%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$274K vs $892K OI
Kalshi sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKalshi Yes · Gate 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−0.0020%/8h × 21 periods−$4.26

Price spread+0.311% → +0.127% (7d avg)+$18.41

Slippage, 4 orderslive order books−$26.39

Fee Kalshi bp × 2 orders−$0.48

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$27.72

Costs to cover0.419%Break-evennever at this rate

Slippage: Kalshi: live order book, 32 min ago; Gate: live order book, 30 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKalshi2.273.6 bp−$46.7 bp−$67doesn’t fitdoesn’t fit

SELL · SHORTGate1.8018.9 bp−$1949.9 bp−$499doesn’t fitdoesn’t fit

Closing costs about the same again.

XPT news

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

10-10 13:01	Bulk	Points	Season 1 league ranks are in and the competition is on! Get trading and solidify your rank in time for the first distribution on Oct 17 The new splits and distributions are: Challenger (Top 25): 45% Diamond (Top 100): 25% Platinum-Gold: 30%, Plat 2:1 Gold There is no cap on these distributions. Rewards will scale alongside activity. @bulktrade on X ↗
09-29 17:00	MEXC	Other	7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗
09-23 13:33	Kalshi	Listing	new market KXPLATINUMPERP ($XPT) seen by our collector

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