Funding you earn now, next payment 08:00 UTC−0.0585%/8h= −64.0% APRpaid last 24h −0.023%
Price spread now: tradeXYZ against edgeX−0.041%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.041%, 7d avg −0.098%
=Together, before fees−0.003%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.057% dearer against edgeX than usual: you sell high and buy low (spread −0.041% now, against its 7-day average of −0.098%): +$6 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.051%, 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 0.051% in total (about 2.7% 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 | 1,787.6 | 0.0635 | pay 0.0317% / 4h | 31m 25s | $39K | $282K | 10x |
| Short | tradeXYZ xyz:PLATINUM | 1,786.9 | 0.0050 | get 0.0006% / 1h | 31m 25s | $3.6M | $1.1M | 20x |
edgeX XPTUSDC
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$122.82
- Price spread: −0.041% → −0.098%
- $5.72
- Slippage, 4 orders
- −$12.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$156.3
- Costs to cover
- 0.392%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 6 min ago; tradeXYZ: live order book, 7 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, 6 min ago | 1.03 bp | 6.3 bp −$6 | 126.7 bp −$1,267 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.96 bp | 12.2 bp −$12 | 16.4 bp −$164 | 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 | 1,788.5 | +0.049% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,785.4 | −0.127% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,785.8 | −0.102% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0050% | 1h | 1,786.9 | −0.041% | $3.6M | $1.1M | 20x | |
| Pacifica PLATINUM | +0.0100% | 1h | 1,785.9 | −0.095% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,788.5 | +0.048% | $239K | $40K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,803.6 | +0.894% | $6K | $34K | 52x | as long as short |
| Lighter XPT | +0.0304% | 1h | 1,788.8 | +0.066% | $356K | $24K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0308% | 8h | 1,788.2 | +0.030% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0424% | 1h | 1,788 | +0.021% | $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 | 1,787 | −0.034% | $15K | $10K | 20x | as long as short |
| Variational Omni XPT | +0.0619% | 4h | 1,786.4 | −0.070% | $237K | $201K | — | as long as short |
| Binance XPTUSDT | +0.0625% | 4h | 1,788.6 | +0.053% | $4.7M | $5.0M | 100x | as long as short |
| Gate XPT_USDT | +0.0630% | 4h | 1,789.5 | +0.103% | $701K | $541K | 100x | as long as short |
| MEXC XPT_USDT | +0.0632% | 4h | 1,787.9 | +0.014% | $23.3M | $651K | 100x | as long as short |
| edgeX XPTUSDClong | +0.0635% | 4h | 1,787.6 | long leg | $39K | $282K | 10x | |
| Extended XPT-USD | +0.0672% | 1h | 1,785.7 | −0.108% | $154K | $699K | 10x | as long as short |
| BloFin XPT-USDT | +0.0684% | 4h | 1,788 | +0.019% | $96K | $69K | 100x | as long as short |
| Bitget XPTUSDT | +0.0702% | 4h | 1,786.8 | −0.044% | $1.4M | $494K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0840% | 4h | 1,788.1 | +0.026% | $205K | $774K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1098% | 8h | 1,788.7 | +0.060% | $1.0M | $752K | 50x | as long as short |
Aster XPTUSDT
Variational Omni XPT
Binance XPTUSDT
Gate XPT_USDT
MEXC XPT_USDT
Extended XPT-USD
BloFin XPT-USDT
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP