XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0538%/8h= −58.9% APRnext payment −$2.69 per $10,000 · paid last 24h −0.016%

Price spread now: KuCoin against MEXC+0.105%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$680.677% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.087%+$9 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.105%, 7d avg +0.002%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.103% dearer against MEXC than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.002%): +$10 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you.

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 −$2.69 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	MEXC XPT_USDT	1,790	0.1316	pay 0.0658% / 4h	2h 25m	$23.4M	$616K	100x
Short	KuCoin XPTUSDTM	1,791.9	0.0778	get 0.0389% / 4h	2h 25m	$248K	$40K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$112.98
Price spread: +0.105% → +0.002%: $10.3
Slippage, 4 orders: −$55.71
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$170.39
Costs to cover: 0.677%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 31 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 MEXC live order book, 3 min ago	12.97 bp	13.0 bp −$13	15.8 bp −$158	74.7 bp −$7,473	254.1 bp −$127.0K
Sell KuCoin live order book, 31 min ago	3.28 bp	25.3 bp −$25	193.9 bp −$1,939	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	1,788.1	−0.103%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,786.2	−0.209%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,787.2	−0.155%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,790.6	+0.033%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.8	+1.332%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0520%	1h	1,791.1	+0.062%	$304	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0536%	1h	1,790	+0.001%	$3.6M	$1.1M	20x	as long as short
KuCoin XPTUSDTMshort	+0.0778%	4h	1,791.9	+0.105%	$248K	$40K	75x
Paradex XPT-USD-PERP	+0.0791%	8h	1,792.3	+0.130%	$3K	—	5x	as long as short
Gate XPT_USDT	+0.0900%	4h	1,793.2	+0.181%	$719K	$523K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.1040%	1h	1,794	+0.225%	$355K	$19K	20x	as long as short
Aster XPTUSDT	+0.1257%	4h	1,790.1	+0.006%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.1261%	4h	1,790	+0.004%	$271K	$193K	—	as long as short
Extended XPT-USD	+0.1312%	1h	1,788.8	−0.065%	$206K	$627K	10x	as long as short
Binance XPTUSDT	+0.1314%	4h	1,792.6	+0.149%	$4.5M	$4.5M	100x	as long as short
MEXC XPT_USDTlong	+0.1316%	4h	1,790	long leg	$23.4M	$616K	100x
edgeX XPTUSDC	+0.1319%	4h	1,788	−0.109%	$39K	$281K	10x	as long as short
OKX XPT-USDT-SWAP	+0.1322%	8h	1,793.2	+0.180%	$996K	$683K	50x	as long as short
Bitget XPTUSDT	+0.1340%	4h	1,790.8	+0.047%	$1.4M	$498K	100x	as long as short
BloFin XPT-USDT	+0.1371%	4h	1,789.4	−0.031%	$94K	$68K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1644%	4h	1,786.8	−0.178%	$205K	$810K	25x	as long as short