Funding you earn now, next payment 11:00 UTC−0.0383%/8h= −42.0% APRpaid last 24h −0.135%
Price spread now: tradeXYZ against OKX−0.128%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.128%, 7d avg −0.144%
=Together, before fees−0.191%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.144%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.173% in total (about -9.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XPT-USDT-SWAP | 1,791.6 | 0.0517 | pay 0.0517% / 8h | 5h 44m | $908K | $1.1M | 50x |
| Short | tradeXYZ xyz:PLATINUM | 1,789.3 | 0.0134 | get 0.0017% / 1h | 44m 19s | $3.4M | $1.1M | 20x |
OKX XPT-USDT-SWAP
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$80.51
- Price spread: −0.128% → −0.144%
- $1.56
- Slippage, 4 orders
- −$17.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$124.03
- Costs to cover
- 0.451%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; tradeXYZ: live order book, 7 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, 5 min ago | 0.28 bp | 8.7 bp −$9 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.67 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
XPT on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPTUSDC | −0.0019% | 4h | 1,792.9 | +0.072% | $39K | $282K | 10x | as long as short |
| Aster XPTUSDT | 0.0000% | 4h | 1,791.4 | −0.009% | $14K | $10K | 20x | as long as short |
| Binance XPTUSDT | 0.0000% | 4h | 1,791.4 | −0.014% | $4.6M | $6.0M | 100x | as long as short |
| MEXC XPT_USDT | 0.0000% | 4h | 1,790.6 | −0.054% | $23.0M | $713K | 100x | as long as short |
| Variational Omni XPT | 0.0000% | 4h | 1,791.6 | −0.002% | $251K | $196K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,791.4 | −0.010% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,788.9 | −0.152% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,786.7 | −0.273% | — | — | 25x | as long as short |
| BloFin XPT-USDT | +0.0053% | 4h | 1,791.6 | +0.002% | $87K | $75K | 100x | as long as short |
| Bitget XPTUSDT | +0.0076% | 4h | 1,791 | −0.033% | $1.3M | $626K | 100x | as long as short |
edgeX XPTUSDC
Aster XPTUSDT
Binance XPTUSDT
MEXC XPT_USDT
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
BloFin XPT-USDT
Bitget XPTUSDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PLATINUM | +0.0100% | 1h | 1,788.7 | −0.165% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,791.1 | −0.030% | $236K | $41K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,790.9 | −0.041% | $304 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0122% | 4h | 1,791.8 | +0.009% | $642K | $597K | 100x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0134% | 1h | 1,789.3 | −0.128% | $3.4M | $1.1M | 20x | |
| GRVT XPT_USDT_Perp | +0.0146% | 4h | 1,792.6 | +0.054% | $207K | $757K | 25x | as long as short |
| Paradex XPT-USD-PERP | +0.0156% | 8h | 1,791.3 | −0.017% | $3K | — | 5x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,811.1 | +1.090% | $6K | $34K | 52x | as long as short |
| Lighter XPT | +0.0504% | 1h | 1,792.5 | +0.050% | $358K | $51K | 20x | as long as short |
| OKX XPT-USDT-SWAPlong | +0.0517% | 8h | 1,791.6 | long leg | $908K | $1.1M | 50x | |
| Extended XPT-USD | +0.0736% | 1h | 1,788.7 | −0.161% | $147K | $706K | 10x | as long as short |
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Gate XPT_USDT
GRVT XPT_USDT_Perp
Paradex XPT-USD-PERP
Injective XPT/USDC PERP
Lighter XPT
Extended XPT-USD