Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against Gate−0.029%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$770.766% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.029%, 7d avg −0.035%
=The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: $0 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 | 1,820 | 0.0088 | pay 0.0044% / 4h | 3h 45m | $680K | $354K | 100x |
| Short | KuCoin XPTUSDTM | 1,819.4 | 0.0100 | get 0.0050% / 4h | 3h 45m | $202K | $19K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $2.52
- Price spread: −0.029% → −0.035%
- $0.6
- Slippage, 4 orders
- −$49.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$73.48
- Costs to cover
- 0.766%
- Break-even
- 211.1 days
Slippage from Gate: live order book, 26 min ago; KuCoin: live order book, 69 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, 26 min ago | 0.55 bp | 15.1 bp −$15 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 69 min ago | 7.90 bp | 27.2 bp −$27 | 206.1 bp −$2,061 | 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 | +0.060% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,817.6 | −0.131% | $233 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,818.2 | −0.097% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,817.8 | −0.119% | $3.6M | $1.1M | 20x | as long as short |
| Gate XPT_USDTlong | +0.0088% | 4h | 1,820 | long leg | $680K | $354K | 100x | |
| Pacifica PLATINUM | +0.0100% | 1h | 1,818.3 | −0.094% | $17K | $27K | 10x | as long as short |
| KuCoin XPTUSDTMshort | +0.0100% | 4h | 1,819.4 | −0.029% | $202K | $19K | 75x | |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,819.3 | −0.035% | $309 | — | 10x | as long as short |
| Extended XPT-USD | +0.0144% | 1h | 1,817.9 | −0.113% | $204K | $473K | 10x | as long as short |
| Variational Omni XPT | +0.0207% | 4h | 1,819.3 | −0.037% | $288K | $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 | 2,002.4 | +10.023% | $7K | $34K | 52x | as long as short |
| BloFin XPT-USDT | +0.0249% | 4h | 1,820.3 | +0.018% | $86K | $64K | 100x | as long as short |
| Binance XPTUSDT | +0.0268% | 4h | 1,819.6 | −0.019% | $4.3M | $4.0M | 100x | as long as short |
| MEXC XPT_USDT | +0.0270% | 4h | 1,819.4 | −0.034% | $23.9M | $670K | 100x | as long as short |
| Lighter XPT | +0.0272% | 1h | 1,820.6 | +0.035% | $360K | $16K | 20x | as long as short |
| edgeX XPTUSDC | +0.0273% | 4h | 1,821.4 | +0.079% | $40K | $283K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.0318% | 4h | 1,820.6 | +0.033% | $209K | $1.1M | 25x | as long as short |
| Aster XPTUSDT | +0.0324% | 4h | 1,818.2 | −0.099% | $15K | $12K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0332% | 8h | 1,819.4 | −0.029% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0352% | 4h | 1,819.3 | −0.039% | $1.3M | $328K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.0703% | 8h | 1,819.8 | −0.009% | $924K | $536K | 50x | as long as short |
Gate XPT_USDT
KuCoin XPTUSDTM
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
Extended XPT-USD
Variational Omni XPT
Injective XPT/USDC PERP
BloFin XPT-USDT
Binance XPTUSDT
MEXC XPT_USDT
Lighter XPT
edgeX XPTUSDC
GRVT XPT_USDT_Perp
Aster XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT
OKX XPT-USDT-SWAP