Funding you earn now, next payment 05:00 UTC−0.0279%/8h= −30.6% APRpaid last 24h −0.022%
Price spread now: tradeXYZ against KuCoin−0.036%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.036%, 7d avg −0.098%
=Together, before fees−0.124%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.062% dearer against KuCoin than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.098%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.049% in total) that is about 8.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.6% a year). A funding rate is set anew for every payment. 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 | 1,793.9 | 0.0704 | pay 0.0352% / 4h | 3h 38m | $248K | $40K | 75x |
| Short | tradeXYZ xyz:PLATINUM | 1,793.2 | 0.0425 | get 0.0053% / 1h | 38m 07s | $3.6M | $1.0M | 20x |
KuCoin XPTUSDTM
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$58.66
- Price spread: −0.036% → −0.098%
- $6.15
- Slippage, 4 orders
- −$38.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$121.18
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 33 min ago; tradeXYZ: live order book, 10 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, 33 min ago | 7.85 bp | 25.7 bp −$26 | 193.6 bp −$1,936 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.84 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | 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 | 1,794.3 | +0.022% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.8 | −0.171% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.5 | −0.131% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,793.2 | −0.036% | $13K | $30K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +1.104% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0296% | 1h | 1,795.5 | +0.091% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0425% | 1h | 1,793.2 | −0.036% | $3.6M | $1.0M | 20x | |
| KuCoin XPTUSDTMlong | +0.0704% | 4h | 1,793.9 | long leg | $248K | $40K | 75x | |
| Gate XPT_USDT | +0.0718% | 4h | 1,795.9 | +0.111% | $730K | $509K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0831% | 8h | 1,794.3 | +0.027% | $3K | — | 5x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
Gate XPT_USDT
Paradex XPT-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.0840% | 1h | 1,796.1 | +0.125% | $355K | $19K | 20x | as long as short |
| Aster XPTUSDT | +0.0994% | 4h | 1,793.2 | −0.035% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0999% | 4h | 1,794.5 | +0.034% | $280K | $199K | — | as long as short |
| BloFin XPT-USDT | +0.1044% | 4h | 1,794.9 | +0.056% | $89K | $68K | 100x | as long as short |
| edgeX XPTUSDC | +0.1050% | 4h | 1,794.5 | +0.037% | $39K | $281K | 10x | as long as short |
| MEXC XPT_USDT | +0.1056% | 4h | 1,793.8 | −0.001% | $23.5M | $600K | 100x | as long as short |
| Binance XPTUSDT | +0.1060% | 4h | 1,795.5 | +0.090% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1128% | 8h | 1,794.9 | +0.059% | $950K | $628K | 50x | as long as short |
| Extended XPT-USD | +0.1136% | 1h | 1,790.9 | −0.163% | $203K | $613K | 10x | as long as short |
| Bitget XPTUSDT | +0.1140% | 4h | 1,794.1 | +0.014% | $1.4M | $469K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1348% | 4h | 1,794.3 | +0.022% | $205K | $814K | 25x | as long as short |
Lighter XPT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
OKX XPT-USDT-SWAP
Extended XPT-USD
Bitget XPTUSDT
GRVT XPT_USDT_Perp