Settings8H · net · $10k
Funding arb · Price arb /

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0712%/8h= +78.0% APRnext payment +$3.56 per $10,000 · paid last 24h +0.119%
Price spread now: GRVT against KuCoin−0.007%53s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.248%+$25 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.007%, 7d avg +0.003%
Together, before fees+0.285%+ Points / potential airdropGRVT: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.248% in total (about 12.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XPTUSDTM1,784.10.0418pay 0.0209% / 4h1h 28m$238K$42K75x
ShortGRVT XPT_USDT_Perp1,783.90.1130get 0.0565% / 4h1h 28m$205K$786K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$149.52
Price spread: −0.007% → +0.003%
−$0.94
Slippage, 4 orders
−$41.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$85.68
Costs to cover
0.629%
Break-even
3.0 days
Slippage from KuCoin: live order book, 13 min ago; GRVT: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 13 min ago9.16 bp22.5 bp −$22206.3 bp −$2,063doesn't fitdoesn't fit
Sell GRVT live order book, 9 min ago0.03 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,784.6+0.033%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,781.9−0.122%$228150xas long as short
Vest PL-PERP+0.0046%1h1,781.2−0.160%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,782−0.115%$13K$29K10xas long as short
tradeXYZ xyz:PLATINUM+0.0125%1h1,782.3−0.098%$3.6M$1.1M20xas long as short
Injective XPT/USDC PERP+0.0220%1h1,801.4+0.972%$6K$34K52xas long as short
KuCoin XPTUSDTMlong+0.0418%4h1,784.1long leg$238K$42K75x
Paradex XPT-USD-PERP+0.0494%8h1,783.6−0.026%$3K5xas long as short
Aevo PLATINUM-PERP+0.0520%1h1,784.5+0.027%$30310xas long as short
Extended XPT-USD+0.0640%1h1,780.9−0.175%$201K$628K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPT+0.0648%1h1,785.7+0.092%$353K$18K20xas long as short
Gate XPT_USDT+0.0740%4h1,785.4+0.075%$717K$538K100xas long as short
Aster XPTUSDT+0.0955%4h1,783.2−0.049%$15K$10K20xas long as short
Variational Omni XPT+0.0984%4h1,784.2+0.006%$260K$189Kas long as short
BloFin XPT-USDT+0.0987%4h1,784.7+0.038%$96K$69K100xas long as short
Binance XPTUSDT+0.1017%4h1,783.2−0.046%$4.5M$4.8M100xas long as short
MEXC XPT_USDT+0.1028%4h1,784.1+0.001%$23.3M$637K100xas long as short
edgeX XPTUSDC+0.1048%4h1,784.3+0.014%$39K$283K10xas long as short
Bitget XPTUSDT+0.1064%4h1,783.3−0.042%$1.4M$510K100xas long as short
GRVT XPT_USDT_Perpshort+0.1130%4h1,783.9−0.007%$205K$786K25x
OKX XPT-USDT-SWAP+0.1254%8h1,784−0.003%$1.0M$741K50xas long as short