Funding you earn now, next payment 02:00 UTC−0.0640%/8h= −70.0% APRpaid last 24h −0.093%
Price spread now: Extended against OKX−0.244%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.244%, 7d avg −0.095%
=Together, before fees−0.009%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Extended is 0.149% cheaper against OKX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% 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 | 1,812.2 | 0.0680 | pay 0.0680% / 8h | 6h 45m | $908K | $520K | 50x |
| Short | Extended XPT-USD | 1,807.8 | 0.0040 | get 0.0005% / 1h | 45m 26s | $208K | $603K | 10x |
OKX XPT-USDT-SWAP
Extended XPT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$134.33
- Price spread: −0.244% → −0.095%
- −$14.92
- Slippage, 4 orders
- −$20.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$184.57
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from OKX: live order book, 21 min ago; Extended: live order book, 22 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, 21 min ago | 0.28 bp | 10.1 bp −$10 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Extended live order book, 22 min ago | 2.20 bp | 9.3 bp −$9 | 43.4 bp −$434 | 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 | 1,813.4 | +0.067% | $11K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,807.9 | −0.239% | $232 | — | 150x | as long as short |
| Extended XPT-USDshort | +0.0040% | 1h | 1,807.8 | −0.244% | $208K | $603K | 10x | |
| Vest PL-PERP | +0.0046% | 1h | 1,808.9 | −0.182% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,810.2 | −0.109% | $17K | $25K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,811.8 | −0.020% | $201K | $17K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,812.5 | +0.019% | $308 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0172% | 4h | 1,811.8 | −0.024% | $637K | $402K | 100x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,834 | +1.203% | $6K | $34K | 52x | as long as short |
| Variational Omni XPT | +0.0229% | 4h | 1,813.8 | +0.086% | $287K | $227K | — | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Gate XPT_USDT
Injective XPT/USDC PERP
Variational Omni XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLATINUM | +0.0260% | 1h | 1,809.9 | −0.127% | $3.6M | $1.1M | 20x | as long as short |
| BloFin XPT-USDT | +0.0279% | 4h | 1,814.9 | +0.147% | $85K | $69K | 100x | as long as short |
| MEXC XPT_USDT | +0.0298% | 4h | 1,809.9 | −0.129% | $23.8M | $655K | 100x | as long as short |
| Binance XPTUSDT | +0.0302% | 4h | 1,811.8 | −0.022% | $4.2M | $3.9M | 100x | as long as short |
| edgeX XPTUSDC | +0.0308% | 4h | 1,813.4 | +0.064% | $40K | $283K | 10x | as long as short |
| Aster XPTUSDT | +0.0318% | 4h | 1,809.6 | −0.141% | $15K | $12K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0347% | 8h | 1,811.8 | −0.025% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0400% | 4h | 1,811.4 | −0.042% | $1.3M | $357K | 100x | as long as short |
| Lighter XPT | +0.0560% | 1h | 1,812 | −0.011% | $358K | $14K | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.0642% | 4h | 1,814.2 | +0.108% | $208K | $985K | 25x | as long as short |
| OKX XPT-USDT-SWAPlong | +0.0680% | 8h | 1,812.2 | long leg | $908K | $520K | 50x |
tradeXYZ xyz:PLATINUM
BloFin XPT-USDT
MEXC XPT_USDT
Binance XPTUSDT
edgeX XPTUSDC
Aster XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT
Lighter XPT
GRVT XPT_USDT_Perp