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

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.87 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against KuCoin+0.057%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.633% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.101%−$10 on $10k
Price spread, last 4 days (all we have)+0.168%+$17 · spread now +0.057%, 7d avg +0.016%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.041% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XPTUSDTM1,797.30.0746pay 0.0373% / 4h10m 09s$249K$40K75x
ShortBinance XPTUSDT1,798.30.0920get 0.0460% / 4h10m 09s$4.5M$4.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$36.44
Price spread: +0.057% → +0.016%
$4.09
Slippage, 4 orders
−$41.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.81
Costs to cover
0.633%
Break-even
11.4 days
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 12 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 KuCoin live order book, 1 min ago7.85 bp25.7 bp −$26193.6 bp −$1,936doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.03 bp9.3 bp −$922.0 bp −$220107.5 bp −$10.7Kdoesn'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%4h1,797−0.014%$10K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,792.7−0.254%$230150xas long as short
Vest PL-PERP+0.0046%1h1,793.4−0.217%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,792.1−0.289%$13K$29K10xas long as short
Aevo PLATINUM-PERP+0.0208%1h1,798.4+0.060%$30610xas long as short
Injective XPT/USDC PERP+0.0220%1h1,818+1.150%$6K$34K52xas long as short
tradeXYZ xyz:PLATINUM+0.0462%1h1,796−0.072%$3.6M$999K20xas long as short
Gate XPT_USDT+0.0508%4h1,799.1+0.098%$734K$505K100xas long as short
KuCoin XPTUSDTMlong+0.0746%4h1,797.3long leg$249K$40K75x
Paradex XPT-USD-PERP+0.0847%8h1,797.7+0.020%$3K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPT+0.0851%4h1,796.8−0.027%$279K$206Kas long as short
Aster XPTUSDT+0.0853%4h1,797.8+0.028%$14K$9K20xas long as short
edgeX XPTUSDC+0.0856%4h1,797.1−0.009%$39K$283K10xas long as short
MEXC XPT_USDT+0.0910%4h1,795.9−0.081%$23.6M$646K100xas long as short
Binance XPTUSDTshort+0.0920%4h1,798.3+0.057%$4.5M$4.3M100x
Extended XPT-USD+0.0960%1h1,792.6−0.261%$207K$611K10xas long as short
BloFin XPT-USDT+0.0964%4h1,797.3−0.001%$89K$68K100xas long as short
Lighter XPT+0.0976%1h1,799.5+0.122%$356K$16K20xas long as short
Bitget XPTUSDT+0.1024%4h1,796.7−0.036%$1.3M$453K100xas long as short
OKX XPT-USDT-SWAP+0.1029%8h1,799.4+0.117%$942K$615K50xas long as short
GRVT XPT_USDT_Perp+0.1252%4h1,796.6−0.040%$204K$813K25xas long as short