Funding you earn now, next payment 03:00 UTC−0.0202%/8h= −22.1% APRpaid last 24h −0.012%
Price spread now: tradeXYZ against Binance−0.124%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.124%, 7d avg −0.126%
=Together, before fees+0.089%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.126%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% 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 | Binance XPTUSDT | 1,802.4 | 0.0671 | pay 0.0336% / 4h | 1h 21m | $4.3M | $3.8M | 100x |
| Short | tradeXYZ xyz:PLATINUM | 1,800.2 | 0.0469 | get 0.0059% / 1h | 21m 56s | $3.6M | $977K | 20x |
Binance XPTUSDT
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- −$42.34
- Price spread: −0.124% → −0.126%
- $0.18
- Slippage, 4 orders
- −$17.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$88.13
- Costs to cover
- 0.460%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; tradeXYZ: live order book, 5 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 Binance live order book, 15 min ago | 0.78 bp | 8.5 bp −$9 | 21.1 bp −$211 | 118.6 bp −$11.9K | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 1.39 bp | 13.7 bp −$14 | doesn't fit | 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 | 1,802.2 | −0.011% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,798.1 | −0.243% | $231 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,799.2 | −0.179% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,798.8 | −0.202% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,801.8 | −0.033% | $306 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,816 | +0.754% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0394% | 4h | 1,803.1 | +0.038% | $639K | $433K | 100x | as long as short |
| KuCoin XPTUSDTM | +0.0432% | 4h | 1,801.9 | −0.032% | $201K | $17K | 75x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0469% | 1h | 1,800.2 | −0.124% | $3.6M | $977K | 20x | |
| Aster XPTUSDT | +0.0598% | 4h | 1,800 | −0.133% | $14K | $10K | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
Gate XPT_USDT
KuCoin XPTUSDTM
Aster XPTUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | +0.0608% | 4h | 1,800.8 | −0.091% | $280K | $226K | — | as long as short |
| Paradex XPT-USD-PERP | +0.0631% | 8h | 1,802.4 | −0.004% | $3K | — | 5x | as long as short |
| BloFin XPT-USDT | +0.0646% | 4h | 1,802.3 | −0.010% | $85K | $68K | 100x | as long as short |
| MEXC XPT_USDT | +0.0664% | 4h | 1,799.5 | −0.162% | $23.7M | $656K | 100x | as long as short |
| Binance XPTUSDTlong | +0.0671% | 4h | 1,802.4 | long leg | $4.3M | $3.8M | 100x | |
| edgeX XPTUSDC | +0.0674% | 4h | 1,801.4 | −0.056% | $39K | $282K | 10x | as long as short |
| Extended XPT-USD | +0.0704% | 1h | 1,798.3 | −0.231% | $204K | $620K | 10x | as long as short |
| Bitget XPTUSDT | +0.0760% | 4h | 1,800.9 | −0.085% | $1.3M | $392K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.0826% | 8h | 1,803.2 | +0.043% | $918K | $545K | 50x | as long as short |
| Lighter XPT | +0.0832% | 1h | 1,802.8 | +0.020% | $356K | $15K | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.1118% | 4h | 1,800.9 | −0.082% | $205K | $841K | 25x | as long as short |
Variational Omni XPT
Paradex XPT-USD-PERP
BloFin XPT-USDT
MEXC XPT_USDT
edgeX XPTUSDC
Extended XPT-USD
Bitget XPTUSDT
OKX XPT-USDT-SWAP
Lighter XPT
GRVT XPT_USDT_Perp