Funding you earn now, next payment 07:00 UTC+0.0870%/8h= +95.3% APRpaid last 24h +0.059%
Price spread now: Bitget against tradeXYZ+0.057%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.057%, 7d avg +0.090%
=Together, before fees−0.041%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.033% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.057% now, against its 7-day average of +0.090%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.004% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% 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 | 1,783.9 | 0.0114 | pay 0.0014% / 1h | 14m 40s | $3.6M | $1.1M | 20x |
| Short | Bitget XPTUSDT | 1,784.9 | 0.0984 | get 0.0492% / 4h | 1h 14m | $1.4M | $507K | 100x |
tradeXYZ xyz:PLATINUM
Bitget XPTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $182.79
- Price spread: +0.057% → +0.090%
- −$3.3
- Slippage, 4 orders
- −$18.15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $131.33
- Costs to cover
- 0.481%
- Break-even
- 2.0 days
Slippage from tradeXYZ: live order book, 4 min ago; Bitget: live order book, 2 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, 4 min ago | 1.40 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.58 bp | 10.6 bp −$11 | 23.4 bp −$234 | 74.6 bp −$7,460 | 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 | 1,785.6 | +0.095% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,781.2 | −0.154% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,780.8 | −0.174% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,783.4 | −0.029% | $13K | $29K | 10x | as long as short |
| tradeXYZ xyz:PLATINUMlong | +0.0114% | 1h | 1,783.9 | long leg | $3.6M | $1.1M | 20x | |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,802.2 | +1.026% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTM | +0.0302% | 4h | 1,784.3 | +0.024% | $238K | $42K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0444% | 8h | 1,786 | +0.115% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0504% | 1h | 1,784.9 | +0.054% | $303 | — | 10x | as long as short |
| Lighter XPT | +0.0616% | 1h | 1,787.2 | +0.185% | $354K | $22K | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Aevo PLATINUM-PERP
Lighter XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XPT-USD | +0.0704% | 1h | 1,783.9 | −0.001% | $201K | $626K | 10x | as long as short |
| Gate XPT_USDT | +0.0706% | 4h | 1,786.8 | +0.165% | $716K | $539K | 100x | as long as short |
| Aster XPTUSDT | +0.0861% | 4h | 1,784.1 | +0.013% | $15K | $10K | 20x | as long as short |
| Variational Omni XPT | +0.0886% | 4h | 1,783.7 | −0.010% | $260K | $185K | — | as long as short |
| BloFin XPT-USDT | +0.0908% | 4h | 1,784.5 | +0.034% | $96K | $69K | 100x | as long as short |
| Binance XPTUSDT | +0.0928% | 4h | 1,785.9 | +0.113% | $4.5M | $4.8M | 100x | as long as short |
| MEXC XPT_USDT | +0.0936% | 4h | 1,785 | +0.062% | $23.3M | $643K | 100x | as long as short |
| edgeX XPTUSDC | +0.0944% | 4h | 1,783.9 | +0.001% | $39K | $282K | 10x | as long as short |
| Bitget XPTUSDTshort | +0.0984% | 4h | 1,784.9 | +0.057% | $1.4M | $507K | 100x | |
| GRVT XPT_USDT_Perp | +0.1058% | 4h | 1,783.7 | −0.013% | $205K | $780K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1221% | 8h | 1,786.4 | +0.140% | $1.0M | $744K | 50x | as long as short |
Extended XPT-USD
Gate XPT_USDT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
Binance XPTUSDT
MEXC XPT_USDT
edgeX XPTUSDC
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP