Funding you earn now, next payment 06:00 UTC+0.0781%/8h= +85.6% APRpaid last 24h +0.033%
Price spread now: Binance against tradeXYZ+0.101%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.003%$0 · spread now +0.101%, 7d avg +0.126%
=Together, before fees−0.039%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.024% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.101% now, against its 7-day average of +0.126%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$23 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% 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 | tradeXYZ xyz:PLATINUM | 1,789.1 | 0.0533 | pay 0.0067% / 1h | 24m 55s | $3.6M | $1.1M | 20x |
| Short | Binance XPTUSDT | 1,790.9 | 0.1314 | get 0.0657% / 4h | 2h 24m | $4.5M | $4.5M | 100x |
tradeXYZ xyz:PLATINUM
Binance XPTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- $164.08
- Price spread: +0.101% → +0.126%
- −$2.44
- Slippage, 4 orders
- −$14.95
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $118.69
- Costs to cover
- 0.430%
- Break-even
- 1.9 days
Slippage from tradeXYZ: live order book, 3 min ago; Binance: live order book, 12 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 tradeXYZ live order book, 3 min ago | 1.96 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.17 bp | 9.6 bp −$10 | 22.4 bp −$224 | 105.7 bp −$10.6K | 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 | −0.054% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,788.5 | −0.033% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,789.1 | 0.000% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,790.6 | +0.082% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.8 | +1.382% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0520% | 1h | 1,792.6 | +0.193% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUMlong | +0.0533% | 1h | 1,789.1 | long leg | $3.6M | $1.1M | 20x | |
| KuCoin XPTUSDTM | +0.0778% | 4h | 1,791.9 | +0.154% | $248K | $40K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0791% | 8h | 1,792.3 | +0.179% | $3K | — | 5x | as long as short |
| Gate XPT_USDT | +0.0900% | 4h | 1,793.2 | +0.227% | $729K | $523K | 100x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Gate XPT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.1040% | 1h | 1,792.4 | +0.184% | $354K | $19K | 20x | as long as short |
| Aster XPTUSDT | +0.1257% | 4h | 1,789.3 | +0.011% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.1261% | 4h | 1,790 | +0.053% | $271K | $193K | — | as long as short |
| BloFin XPT-USDT | +0.1291% | 4h | 1,791.3 | +0.124% | $94K | $68K | 100x | as long as short |
| Extended XPT-USD | +0.1312% | 1h | 1,787.4 | −0.096% | $205K | $628K | 10x | as long as short |
| Binance XPTUSDTshort | +0.1314% | 4h | 1,790.9 | +0.101% | $4.5M | $4.5M | 100x | |
| MEXC XPT_USDT | +0.1316% | 4h | 1,789.7 | +0.034% | $23.4M | $616K | 100x | as long as short |
| edgeX XPTUSDC | +0.1319% | 4h | 1,788 | −0.060% | $39K | $281K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.1322% | 8h | 1,791.2 | +0.117% | $995K | $683K | 50x | as long as short |
| Bitget XPTUSDT | +0.1340% | 4h | 1,790.2 | +0.059% | $1.4M | $498K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1644% | 4h | 1,786.8 | −0.129% | $205K | $810K | 25x | as long as short |
Lighter XPT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
Extended XPT-USD
MEXC XPT_USDT
edgeX XPTUSDC
OKX XPT-USDT-SWAP
Bitget XPTUSDT
GRVT XPT_USDT_Perp