Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.032%
Price spread now: MEXC against Bitget−0.035%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now −0.035%, 7d avg +0.019%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.054% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPTUSDT | 1,789.7 | 0.1334 | pay 0.0667% / 4h | 2h 24m | $1.4M | $498K | 100x |
| Short | MEXC XPT_USDT | 1,789.1 | 0.1312 | get 0.0656% / 4h | 2h 24m | $23.4M | $616K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- −$4.62
- Price spread: −0.035% → +0.019%
- −$5.36
- Slippage, 4 orders
- −$38.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$60.84
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 4 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 Bitget live order book, 2 min ago | 2.68 bp | 11.5 bp −$11 | 29.7 bp −$297 | 108.0 bp −$10.8K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 12.97 bp | 13.6 bp −$14 | 16.2 bp −$162 | 57.9 bp −$5,788 | 238.0 bp −$119.0K |
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 | −0.087% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,788.5 | −0.066% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,789.1 | −0.033% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,788.8 | −0.048% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.8 | +1.349% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0520% | 1h | 1,792.6 | +0.160% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0530% | 1h | 1,788.3 | −0.078% | $3.6M | $1.1M | 20x | as long as short |
| KuCoin XPTUSDTM | +0.0772% | 4h | 1,789.8 | +0.007% | $248K | $40K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0784% | 8h | 1,790.1 | +0.024% | $3K | — | 5x | as long as short |
| Gate XPT_USDT | +0.0900% | 4h | 1,793.2 | +0.194% | $729K | $523K | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.1040% | 1h | 1,791.9 | +0.123% | $354K | $19K | 20x | as long as short |
| Aster XPTUSDT | +0.1252% | 4h | 1,789.3 | −0.022% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.1261% | 4h | 1,790 | +0.020% | $271K | $193K | — | as long as short |
| BloFin XPT-USDT | +0.1291% | 4h | 1,791.3 | +0.091% | $94K | $68K | 100x | as long as short |
| Extended XPT-USD | +0.1312% | 1h | 1,787.4 | −0.129% | $205K | $628K | 10x | as long as short |
| MEXC XPT_USDTshort | +0.1312% | 4h | 1,789.1 | −0.035% | $23.4M | $616K | 100x | |
| Binance XPTUSDT | +0.1313% | 4h | 1,790.5 | +0.046% | $4.5M | $4.5M | 100x | as long as short |
| edgeX XPTUSDC | +0.1319% | 4h | 1,788 | −0.093% | $39K | $281K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.1322% | 8h | 1,790.7 | +0.056% | $995K | $682K | 50x | as long as short |
| Bitget XPTUSDTlong | +0.1334% | 4h | 1,789.7 | long leg | $1.4M | $498K | 100x | |
| GRVT XPT_USDT_Perp | +0.1644% | 4h | 1,786.8 | −0.162% | $205K | $810K | 25x | as long as short |
Bitget XPTUSDT
MEXC XPT_USDT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Gate XPT_USDT
Lighter XPT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
Extended XPT-USD
Binance XPTUSDT
edgeX XPTUSDC
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp