Settings8H · net · $10k
Funding arb · Price arb /

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0654%/8h= +71.6% APRpaid last 24h +0.004%
Price spread now: Extended against Gate−0.276%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$500.498% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 4 days (all we have)+0.115%+$11 · spread now −0.276%, 7d avg −0.087%
Together, before fees+0.213%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.189% cheaper against Gate than usual: you would sell low and buy high (spread −0.276% now, against its 7-day average of −0.087%). If the spread goes back, that is −$19 on $10k: about 23 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.098% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.098% in total (about 5.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XPT_USDT1,799.60.0914pay 0.0457% / 4h2h 48m$736K$503K100x
ShortExtended XPT-USD1,794.70.1568get 0.0196% / 1h48m 10s$202K$621K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$137.34
Price spread: −0.276% → −0.087%
−$18.85
Slippage, 4 orders
−$29.79
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$68.7
Costs to cover
0.498%
Break-even
3.5 days
Slippage from Gate: live order book, 63 min ago; Extended: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 63 min ago0.14 bp14.4 bp −$1436.3 bp −$363doesn't fitdoesn't fit
Sell Extended live order book, 65 min ago0.84 bp9.6 bp −$1066.3 bp −$663doesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,797.1−0.139%$10K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,794.6−0.282%$230150xas long as short
Vest PL-PERP+0.0046%1h1,795.3−0.241%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,797−0.148%$13K$31K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,814.7+0.840%$6K$34K52xas long as short
Aevo PLATINUM-PERP+0.0472%1h1,799.1−0.027%$30610xas long as short
tradeXYZ xyz:PLATINUM+0.0695%1h1,796.4−0.179%$3.6M$1.0M20xas long as short
KuCoin XPTUSDTM+0.0846%4h1,799.3−0.019%$249K$40K75xas long as short
Paradex XPT-USD-PERP+0.0888%8h1,798.4−0.069%$3K5xas long as short
Gate XPT_USDTlong+0.0914%4h1,799.6long leg$736K$503K100x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPT+0.1268%4h1,798.3−0.077%$277K$188Kas long as short
Aster XPTUSDT+0.1273%4h1,797−0.146%$14K$9K20xas long as short
Lighter XPT+0.1280%1h1,799.8+0.009%$356K$19K20xas long as short
OKX XPT-USDT-SWAP+0.1286%8h1,798.9−0.041%$964K$630K50xas long as short
BloFin XPT-USDT+0.1286%4h1,798.4−0.066%$90K$68K100xas long as short
edgeX XPTUSDC+0.1303%4h1,796.8−0.156%$39K$282K10xas long as short
MEXC XPT_USDT+0.1322%4h1,795.8−0.215%$23.6M$607K100xas long as short
Binance XPTUSDT+0.1324%4h1,798.6−0.057%$4.5M$4.3M100xas long as short
Bitget XPTUSDT+0.1366%4h1,798−0.093%$1.4M$489K100xas long as short
Extended XPT-USDshort+0.1568%1h1,794.7−0.276%$202K$621K10x
GRVT XPT_USDT_Perp+0.1850%4h1,798.1−0.084%$207K$812K25xas long as short