XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0185%/8h= +20.3% APRnext payment +$0.93 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against KuCoin+0.048%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$630.634% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 2 days (all we have)−0.042%−$4 · spread now +0.048%, 7d avg +0.010%

Together, before fees−0.142%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.038% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.93 per $10,000. 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	KuCoin XPTUSDTM	1,813.6	0.0100	pay 0.0050% / 4h	1h 04m	$201K	$25K	75x
Short	Binance XPTUSDT	1,814.4	0.0285	get 0.0143% / 4h	1h 04m	$4.3M	$4.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.048%Rate

Funding earned: $38.9
Price spread: +0.048% → +0.010%: $3.78
Slippage, 4 orders: −$41.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$20.76
Costs to cover: 0.634%
Break-even: 10.7 days

Slippage from KuCoin: live order book, 60 min ago; Binance: 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 KuCoin live order book, 60 min ago	1.05 bp	20.0 bp −$20	275.5 bp −$2,755	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	1.79 bp	7.2 bp −$7	20.4 bp −$204	108.4 bp −$10.8K	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	1,814.7	+0.065%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,812.3	−0.068%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,812.6	−0.053%	—	$50	25x	as long as short
Extended XPT-USD	+0.0088%	1h	1,812.4	−0.065%	$198K	$448K	10x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,813.4	−0.008%	$17K	$20K	10x	as long as short
KuCoin XPTUSDTMlong	+0.0100%	4h	1,813.6	long leg	$201K	$25K	75x
Aevo PLATINUM-PERP	+0.0104%	1h	1,814.8	+0.067%	$309	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0190%	1h	1,813	−0.031%	$3.6M	$1.1M	20x	as long as short
Variational Omni XPT	+0.0219%	4h	1,813.5	−0.003%	$284K	$325K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,829.9	+0.900%	$6K	$34K	52x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XPT_USDT	+0.0236%	4h	1,815.1	+0.084%	$696K	$340K	100x	as long as short
edgeX XPTUSDC	+0.0285%	4h	1,813.6	+0.004%	$39K	$282K	10x	as long as short
Binance XPTUSDTshort	+0.0285%	4h	1,814.4	+0.048%	$4.3M	$4.1M	100x
MEXC XPT_USDT	+0.0286%	4h	1,814.3	+0.037%	$24.1M	$634K	100x	as long as short
BloFin XPT-USDT	+0.0336%	4h	1,814.3	+0.041%	$86K	$63K	100x	as long as short
Paradex XPT-USD-PERP	+0.0336%	8h	1,814.6	+0.057%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0371%	4h	1,813.7	+0.006%	$15K	$31K	20x	as long as short
Bitget XPTUSDT	+0.0408%	4h	1,814.1	+0.027%	$1.2M	$322K	100x	as long as short
Lighter XPT	+0.0608%	1h	1,815.5	+0.106%	$359K	$20K	20x	as long as short
GRVT XPT_USDT_Perp	+0.0638%	4h	1,813.2	−0.018%	$206K	$1.1M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0714%	8h	1,814.7	+0.062%	$919K	$524K	50x	as long as short