Funding you earn now, next payment 04:00 UTC+0.0429%/8h= +47.0% APRpaid last 24h +0.088%
Price spread now: OKX against edgeX−0.088%101s7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as 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−$510.510% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 3 days (all we have)+0.112%+$11 · spread now −0.088%, 7d avg +0.052%
=Together, before fees+0.297%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.140% cheaper against edgeX than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.052%). If the spread goes back, that is −$14 on $10k: about 26 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.185% in total) that is about 5.3 days. The two prices were read 101 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 0.185% in total (about 9.7% 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 | edgeX XPTUSDC | 1,821.4 | 0.0273 | pay 0.0137% / 4h | 3h 45m | $40K | $283K | 10x |
| Short | OKX XPT-USDT-SWAP | 1,819.8 | 0.0703 | get 0.0703% / 8h | 7h 45m | $924K | $536K | 50x |
edgeX XPTUSDC
OKX XPT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $90.18
- Price spread: −0.088% → +0.052%
- −$14.04
- Slippage, 4 orders
- −$32.04
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $25.11
- Costs to cover
- 0.510%
- Break-even
- 5.1 days
Slippage from edgeX: live order book, 27 min ago; OKX: live order book, 25 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, 27 min ago | 8.84 bp | 14.1 bp −$14 | 135.7 bp −$1,357 | doesn't fit | doesn't fit |
| Sell OKX live order book, 25 min ago | 0.28 bp | 10.6 bp −$11 | 27.8 bp −$278 | 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 | 1,821.1 | −0.019% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,817.6 | −0.210% | $233 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,818.2 | −0.176% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,817.8 | −0.198% | $3.6M | $1.1M | 20x | as long as short |
| Gate XPT_USDT | +0.0088% | 4h | 1,820 | −0.079% | $680K | $354K | 100x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,818.3 | −0.173% | $17K | $27K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,819.4 | −0.108% | $202K | $19K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,819.3 | −0.114% | $309 | — | 10x | as long as short |
| Extended XPT-USD | +0.0144% | 1h | 1,817.9 | −0.193% | $204K | $473K | 10x | as long as short |
| Variational Omni XPT | +0.0207% | 4h | 1,819.3 | −0.116% | $288K | $326K | — | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Extended XPT-USD
Variational Omni XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPT/USDC PERP | +0.0220% | 1h | 2,002.4 | +9.936% | $7K | $34K | 52x | as long as short |
| BloFin XPT-USDT | +0.0249% | 4h | 1,820.3 | −0.061% | $86K | $64K | 100x | as long as short |
| Binance XPTUSDT | +0.0268% | 4h | 1,819.6 | −0.098% | $4.3M | $4.0M | 100x | as long as short |
| MEXC XPT_USDT | +0.0270% | 4h | 1,819.4 | −0.113% | $23.9M | $670K | 100x | as long as short |
| Lighter XPT | +0.0272% | 1h | 1,820.6 | −0.044% | $360K | $16K | 20x | as long as short |
| edgeX XPTUSDClong | +0.0273% | 4h | 1,821.4 | long leg | $40K | $283K | 10x | |
| GRVT XPT_USDT_Perp | +0.0318% | 4h | 1,820.6 | −0.047% | $209K | $1.1M | 25x | as long as short |
| Aster XPTUSDT | +0.0324% | 4h | 1,818.2 | −0.178% | $15K | $12K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0332% | 8h | 1,819.4 | −0.108% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0352% | 4h | 1,819.3 | −0.118% | $1.3M | $328K | 100x | as long as short |
| OKX XPT-USDT-SWAPshort | +0.0703% | 8h | 1,819.8 | −0.088% | $924K | $536K | 50x |
Injective XPT/USDC PERP
BloFin XPT-USDT
Binance XPTUSDT
MEXC XPT_USDT
Lighter XPT
GRVT XPT_USDT_Perp
Aster XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT