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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPTUSDTM | 1,797.3 | 0.0746 | pay 0.0373% / 4h | 10m 09s | $249K | $40K | 75x |
| Short | Binance XPTUSDT | 1,798.3 | 0.0920 | get 0.0460% / 4h | 10m 09s | $4.5M | $4.3M | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 1 min ago | 7.85 bp | 25.7 bp −$26 | 193.6 bp −$1,936 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.03 bp | 9.3 bp −$9 | 22.0 bp −$220 | 107.5 bp −$10.7K | 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 | 1,797 | −0.014% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,792.7 | −0.254% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,793.4 | −0.217% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,792.1 | −0.289% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0208% | 1h | 1,798.4 | +0.060% | $306 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,818 | +1.150% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0462% | 1h | 1,796 | −0.072% | $3.6M | $999K | 20x | as long as short |
| Gate XPT_USDT | +0.0508% | 4h | 1,799.1 | +0.098% | $734K | $505K | 100x | as long as short |
| KuCoin XPTUSDTMlong | +0.0746% | 4h | 1,797.3 | long leg | $249K | $40K | 75x | |
| Paradex XPT-USD-PERP | +0.0847% | 8h | 1,797.7 | +0.020% | $3K | — | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | +0.0851% | 4h | 1,796.8 | −0.027% | $279K | $206K | — | as long as short |
| Aster XPTUSDT | +0.0853% | 4h | 1,797.8 | +0.028% | $14K | $9K | 20x | as long as short |
| edgeX XPTUSDC | +0.0856% | 4h | 1,797.1 | −0.009% | $39K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.0910% | 4h | 1,795.9 | −0.081% | $23.6M | $646K | 100x | as long as short |
| Binance XPTUSDTshort | +0.0920% | 4h | 1,798.3 | +0.057% | $4.5M | $4.3M | 100x | |
| Extended XPT-USD | +0.0960% | 1h | 1,792.6 | −0.261% | $207K | $611K | 10x | as long as short |
| BloFin XPT-USDT | +0.0964% | 4h | 1,797.3 | −0.001% | $89K | $68K | 100x | as long as short |
| Lighter XPT | +0.0976% | 1h | 1,799.5 | +0.122% | $356K | $16K | 20x | as long as short |
| Bitget XPTUSDT | +0.1024% | 4h | 1,796.7 | −0.036% | $1.3M | $453K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1029% | 8h | 1,799.4 | +0.117% | $942K | $615K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1252% | 4h | 1,796.6 | −0.040% | $204K | $813K | 25x | as long as short |
KuCoin XPTUSDTM
Binance XPTUSDT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Paradex XPT-USD-PERP
Variational Omni XPT
Aster XPTUSDT
edgeX XPTUSDC
MEXC XPT_USDT
Extended XPT-USD
BloFin XPT-USDT
Lighter XPT
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp