Funding you earn now, next payment 08:00 UTC+0.0620%/8h= +67.9% APRnext payment +$3.10 per $10,000 · paid last 24h +0.016%
Price spread now: MEXC against KuCoin−0.035%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.035%, 7d avg −0.002%
=Funding pays, the price is against you. MEXC is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.002%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.087%, 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 -0.087% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.10 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 | 1,789.1 | 0.0570 | pay 0.0285% / 4h | 1h 53m | $246K | $41K | 75x |
| Short | MEXC XPT_USDT | 1,788.4 | 0.1190 | get 0.0595% / 4h | 1h 53m | $23.4M | $631K | 100x |
KuCoin XPTUSDTM
MEXC XPT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $130.2
- Price spread: −0.035% → −0.002%
- −$3.32
- Slippage, 4 orders
- −$40.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $74.33
- Costs to cover
- 0.526%
- Break-even
- 3.0 days
Slippage from KuCoin: live order book, 63 min ago; MEXC: live order book, 1 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, 63 min ago | 3.28 bp | 15.8 bp −$16 | 196.9 bp −$1,969 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.19 bp | 8.3 bp −$8 | 14.3 bp −$143 | 53.3 bp −$5,335 | 243.5 bp −$121.8K |
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 | 1,789.5 | +0.025% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,786.3 | −0.157% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,786.2 | −0.159% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,786.7 | −0.134% | $13K | $31K | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0111% | 1h | 1,787 | −0.115% | $3.6M | $1.1M | 20x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,809.9 | +1.165% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0536% | 1h | 1,789.7 | +0.036% | $304 | — | 10x | as long as short |
| KuCoin XPTUSDTMlong | +0.0570% | 4h | 1,789.1 | long leg | $246K | $41K | 75x | |
| Paradex XPT-USD-PERP | +0.0626% | 8h | 1,789.5 | +0.027% | $3K | — | 5x | as long as short |
| Lighter XPT | +0.0672% | 1h | 1,790.7 | +0.092% | $354K | $18K | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
tradeXYZ xyz:PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
Paradex XPT-USD-PERP
Lighter XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XPT-USD | +0.0680% | 1h | 1,785.9 | −0.179% | $202K | $630K | 10x | as long as short |
| Gate XPT_USDT | +0.0826% | 4h | 1,790.2 | +0.064% | $720K | $534K | 100x | as long as short |
| Aster XPTUSDT | +0.1120% | 4h | 1,788.6 | −0.025% | $15K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.1144% | 4h | 1,790.7 | +0.090% | $261K | $196K | — | as long as short |
| Binance XPTUSDT | +0.1184% | 4h | 1,788.8 | −0.012% | $4.5M | $4.7M | 100x | as long as short |
| BloFin XPT-USDT | +0.1189% | 4h | 1,789.5 | +0.023% | $94K | $69K | 100x | as long as short |
| edgeX XPTUSDC | +0.1189% | 4h | 1,790.5 | +0.081% | $39K | $281K | 10x | as long as short |
| MEXC XPT_USDTshort | +0.1190% | 4h | 1,788.4 | −0.035% | $23.4M | $631K | 100x | |
| Bitget XPTUSDT | +0.1210% | 4h | 1,788.2 | −0.048% | $1.4M | $510K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1309% | 8h | 1,789.2 | +0.008% | $995K | $704K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1320% | 4h | 1,789 | 0.000% | $206K | $802K | 25x | as long as short |
Extended XPT-USD
Gate XPT_USDT
Aster XPTUSDT
Variational Omni XPT
Binance XPTUSDT
BloFin XPT-USDT
edgeX XPTUSDC
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp