Funding you earn now, next payment 00:00 UTC−0.0402%/8h= −44.0% APRpaid last 24h −0.030%
Price spread now: edgeX against OKX−0.109%51s7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.109%, 7d avg −0.053%
=Together, before fees−0.073%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and edgeX is 0.056% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.053%). Swap the legs. The two prices were read 51 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 -0.164% in total (about -8.5% 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 | OKX XPT-USDT-SWAP | 1,814.4 | 0.0715 | pay 0.0715% / 8h | 1h 06m | $919K | $524K | 50x |
| Short | edgeX XPTUSDC | 1,812.4 | 0.0314 | get 0.0157% / 4h | 1h 06m | $39K | $282K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- −$84.32
- Price spread: −0.109% → −0.053%
- −$5.65
- Slippage, 4 orders
- −$27.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$136.78
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from OKX: live order book, 10 min ago; edgeX: live order book, 11 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 OKX live order book, 10 min ago | 0.28 bp | 10.0 bp −$10 | 25.9 bp −$259 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 8.42 bp | 13.7 bp −$14 | 136.7 bp −$1,367 | 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 | 1,813.7 | −0.039% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,811.5 | −0.163% | $232 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,811.6 | −0.154% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,812.6 | −0.099% | $17K | $20K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,813.6 | −0.046% | $201K | $25K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,813.9 | −0.029% | $308 | — | 10x | as long as short |
| Extended XPT-USD | +0.0112% | 1h | 1,811.5 | −0.160% | $198K | $448K | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0197% | 1h | 1,812.1 | −0.127% | $3.6M | $1.1M | 20x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,829.9 | +0.854% | $6K | $34K | 52x | as long as short |
| Variational Omni XPT | +0.0227% | 4h | 1,812.5 | −0.104% | $283K | $325K | — | 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 | +0.0234% | 4h | 1,815.1 | +0.037% | $696K | $340K | 100x | as long as short |
| Binance XPTUSDT | +0.0289% | 4h | 1,813.8 | −0.034% | $4.3M | $4.1M | 100x | as long as short |
| MEXC XPT_USDT | +0.0290% | 4h | 1,813.2 | −0.065% | $24.1M | $634K | 100x | as long as short |
| edgeX XPTUSDCshort | +0.0314% | 4h | 1,812.4 | −0.109% | $39K | $282K | 10x | |
| BloFin XPT-USDT | +0.0328% | 4h | 1,814.3 | −0.005% | $86K | $63K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0342% | 8h | 1,814.1 | −0.016% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0373% | 4h | 1,812.8 | −0.088% | $15K | $31K | 20x | as long as short |
| Bitget XPTUSDT | +0.0414% | 4h | 1,812.6 | −0.099% | $1.2M | $321K | 100x | as long as short |
| Lighter XPT | +0.0616% | 1h | 1,815.1 | +0.039% | $359K | $20K | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.0638% | 4h | 1,813.2 | −0.064% | $206K | $1.1M | 25x | as long as short |
| OKX XPT-USDT-SWAPlong | +0.0715% | 8h | 1,814.4 | long leg | $919K | $524K | 50x |
OKX XPT-USDT-SWAP
edgeX XPTUSDC
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
KuCoin XPTUSDTM
Extended XPT-USD
tradeXYZ xyz:PLATINUM
Injective XPT/USDC PERP
Variational Omni XPT
Gate XPT_USDT
Binance XPTUSDT
MEXC XPT_USDT
BloFin XPT-USDT
Paradex XPT-USD-PERP
Aster XPTUSDT
Bitget XPTUSDT
Lighter XPT
GRVT XPT_USDT_Perp