Funding you earn now, next payment 08:00 UTC+0.0582%/8h= +63.7% APRpaid last 24h +0.026%
Price spread now: MEXC against tradeXYZ+0.060%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$380.375% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now +0.060%, 7d avg +0.109%
=Together, before fees−0.033%+ Points / potential airdroptradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.049% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.060% now, against its 7-day average of +0.109%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.050%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% 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 | 1,786.8 | 0.0050 | pay 0.0006% / 1h | 31m 45s | $3.6M | $1.1M | 20x |
| Short | MEXC XPT_USDT | 1,787.9 | 0.0632 | get 0.0316% / 4h | 31m 45s | $23.3M | $651K | 100x |
tradeXYZ xyz:PLATINUM
MEXC XPT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $122.22
- Price spread: +0.060% → +0.109%
- −$4.87
- Slippage, 4 orders
- −$19.51
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $79.85
- Costs to cover
- 0.375%
- Break-even
- 2.4 days
Slippage from tradeXYZ: live order book, 6 min ago; MEXC: 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, 6 min ago | 1.96 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.94 bp | 8.1 bp −$8 | 12.8 bp −$128 | 55.5 bp −$5,549 | 237.6 bp −$118.8K |
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 | 1,788.5 | +0.096% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,785.4 | −0.081% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,785.2 | −0.090% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUMlong | +0.0050% | 1h | 1,786.8 | long leg | $3.6M | $1.1M | 20x | |
| Pacifica PLATINUM | +0.0100% | 1h | 1,785.9 | −0.049% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,788.5 | +0.094% | $239K | $40K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,803.6 | +0.941% | $6K | $34K | 52x | as long as short |
| Lighter XPT | +0.0304% | 1h | 1,788.8 | +0.112% | $356K | $24K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0308% | 8h | 1,788.2 | +0.076% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0424% | 1h | 1,788 | +0.067% | $304 | — | 10x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Lighter XPT
Paradex XPT-USD-PERP
Aevo PLATINUM-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0565% | 4h | 1,786.4 | −0.023% | $15K | $10K | 20x | as long as short |
| Variational Omni XPT | +0.0619% | 4h | 1,786.4 | −0.024% | $237K | $201K | — | as long as short |
| Binance XPTUSDT | +0.0625% | 4h | 1,788.3 | +0.086% | $4.7M | $5.0M | 100x | as long as short |
| Gate XPT_USDT | +0.0630% | 4h | 1,789.3 | +0.140% | $701K | $541K | 100x | as long as short |
| MEXC XPT_USDTshort | +0.0632% | 4h | 1,787.9 | +0.060% | $23.3M | $651K | 100x | |
| Extended XPT-USD | +0.0672% | 1h | 1,785.1 | −0.094% | $154K | $699K | 10x | as long as short |
| BloFin XPT-USDT | +0.0684% | 4h | 1,788 | +0.065% | $96K | $69K | 100x | as long as short |
| edgeX XPTUSDC | +0.0696% | 4h | 1,787.4 | +0.032% | $39K | $281K | 10x | as long as short |
| Bitget XPTUSDT | +0.0702% | 4h | 1,786.8 | +0.001% | $1.4M | $494K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0840% | 4h | 1,788.1 | +0.072% | $205K | $774K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1098% | 8h | 1,788.7 | +0.106% | $1.0M | $752K | 50x | as long as short |
Aster XPTUSDT
Variational Omni XPT
Binance XPTUSDT
Gate XPT_USDT
Extended XPT-USD
BloFin XPT-USDT
edgeX XPTUSDC
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP