Funding you earn now, next payment 04:00 UTC+0.0123%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against Gate−0.039%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.507% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 2 days (all we have)+0.009%+$1 · spread now −0.039%, 7d avg −0.031%
=The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XPT_USDT | 1,816.4 | 0.0146 | pay 0.0073% / 4h | 3h 01m | $640K | $408K | 100x |
| Short | Binance XPTUSDT | 1,815.7 | 0.0269 | get 0.0134% / 4h | 3h 01m | $4.2M | $4.0M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $25.77
- Price spread: −0.039% → −0.031%
- −$0.76
- Slippage, 4 orders
- −$25.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$25.69
- Costs to cover
- 0.507%
- Break-even
- 14.0 days
Slippage from Gate: live order book, 5 min ago; Binance: 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 Gate live order book, 5 min ago | 0.52 bp | 16.2 bp −$16 | 33.3 bp −$333 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.03 bp | 7.4 bp −$7 | 21.9 bp −$219 | 118.2 bp −$11.8K | 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 | 1,815.6 | −0.047% | $11K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,814.3 | −0.119% | $233 | — | 150x | as long as short |
| Extended XPT-USD | +0.0032% | 1h | 1,813.8 | −0.146% | $205K | $563K | 10x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,814.8 | −0.089% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,814 | −0.131% | $17K | $25K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,814.4 | −0.109% | $202K | $19K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,816.1 | −0.018% | $309 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0114% | 1h | 1,814.1 | −0.128% | $3.6M | $1.1M | 20x | as long as short |
| Gate XPT_USDTlong | +0.0146% | 4h | 1,816.4 | long leg | $640K | $408K | 100x | |
| Variational Omni XPT | +0.0217% | 4h | 1,814.5 | −0.106% | $287K | $326K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,831.8 | +0.844% | $6K | $34K | 52x | as long as short |
| BloFin XPT-USDT | +0.0247% | 4h | 1,815 | −0.079% | $85K | $64K | 100x | as long as short |
| Binance XPTUSDTshort | +0.0269% | 4h | 1,815.7 | −0.039% | $4.2M | $4.0M | 100x | |
| edgeX XPTUSDC | +0.0272% | 4h | 1,815.3 | −0.064% | $40K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.0274% | 4h | 1,815.9 | −0.030% | $23.9M | $673K | 100x | as long as short |
| Aster XPTUSDT | +0.0297% | 4h | 1,815.3 | −0.059% | $15K | $12K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0309% | 8h | 1,815.8 | −0.036% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0366% | 4h | 1,815.5 | −0.050% | $1.2M | $356K | 100x | as long as short |
| Lighter XPT | +0.0408% | 1h | 1,817 | +0.032% | $359K | $16K | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.0636% | 4h | 1,814.6 | −0.103% | $208K | $994K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.0687% | 8h | 1,816.2 | −0.012% | $909K | $539K | 50x | as long as short |
Gate XPT_USDT
Binance XPTUSDT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Extended XPT-USD
Pacifica PLATINUM
KuCoin XPTUSDTM
tradeXYZ xyz:PLATINUM
Variational Omni XPT
Injective XPT/USDC PERP
BloFin XPT-USDT
edgeX XPTUSDC
MEXC XPT_USDT
Aster XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT
Lighter XPT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP