Funding you earn now, next payment 08:00 UTC−0.0346%/8h= −37.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against edgeX−0.037%83s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.037%, 7d avg +0.001%
=Together, before fees+0.107%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.038% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.088%, so the current rate has only just turned against you. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.73 per $10,000. 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 | edgeX XPTUSDC | 1,794.5 | 0.1050 | pay 0.0525% / 4h | 3h 38m | $39K | $281K | 10x |
| Short | KuCoin XPTUSDTM | 1,793.9 | 0.0704 | get 0.0352% / 4h | 3h 38m | $248K | $40K | 75x |
edgeX XPTUSDC
KuCoin XPTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- −$72.61
- Price spread: −0.037% → +0.001%
- −$3.79
- Slippage, 4 orders
- −$54.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$152.39
- Costs to cover
- 0.760%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 15 min ago; KuCoin: live order book, 33 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 edgeX live order book, 15 min ago | 9.90 bp | 15.1 bp −$15 | 136.3 bp −$1,363 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 7.85 bp | 19.4 bp −$19 | 179.3 bp −$1,793 | 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 | 1,794.3 | −0.014% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.8 | −0.208% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.5 | −0.168% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,793.2 | −0.073% | $13K | $30K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +1.067% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0296% | 1h | 1,795.5 | +0.054% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0425% | 1h | 1,793.2 | −0.073% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTMshort | +0.0704% | 4h | 1,793.9 | −0.037% | $248K | $40K | 75x | |
| Gate XPT_USDT | +0.0718% | 4h | 1,795.9 | +0.075% | $730K | $509K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0831% | 8h | 1,794.3 | −0.009% | $3K | — | 5x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Paradex XPT-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.0840% | 1h | 1,796.1 | +0.089% | $355K | $19K | 20x | as long as short |
| Aster XPTUSDT | +0.0994% | 4h | 1,793.2 | −0.071% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0999% | 4h | 1,794.5 | −0.002% | $280K | $199K | — | as long as short |
| BloFin XPT-USDT | +0.1044% | 4h | 1,794.9 | +0.020% | $89K | $68K | 100x | as long as short |
| edgeX XPTUSDClong | +0.1050% | 4h | 1,794.5 | long leg | $39K | $281K | 10x | |
| MEXC XPT_USDT | +0.1056% | 4h | 1,793.8 | −0.038% | $23.5M | $600K | 100x | as long as short |
| Binance XPTUSDT | +0.1060% | 4h | 1,795.5 | +0.053% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1128% | 8h | 1,794.9 | +0.022% | $950K | $628K | 50x | as long as short |
| Extended XPT-USD | +0.1136% | 1h | 1,790.9 | −0.200% | $203K | $613K | 10x | as long as short |
| Bitget XPTUSDT | +0.1140% | 4h | 1,794.1 | −0.022% | $1.4M | $469K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1348% | 4h | 1,794.3 | −0.014% | $205K | $814K | 25x | as long as short |
Lighter XPT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
MEXC XPT_USDT
Binance XPTUSDT
OKX XPT-USDT-SWAP
Extended XPT-USD
Bitget XPTUSDT
GRVT XPT_USDT_Perp