Funding you earn now, next payment 04:00 UTC+0.0284%/8h= +31.1% APRnext payment +$1.42 per $10,000 · paid last 24h +0.044%
Price spread now: Bitget against KuCoin−0.148%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$740.742% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.148%, 7d avg −0.014%
=Funding pays, the price is against you. Bitget is 0.134% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.014%). If the spread goes back, that is −$13 on $10k: about 38 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPTUSDTM | 1,801 | 0.0398 | pay 0.0199% / 4h | 1h 48m | $201K | $17K | 75x |
| Short | Bitget XPTUSDT | 1,798.3 | 0.0682 | get 0.0341% / 4h | 1h 48m | $1.3M | $395K | 100x |
KuCoin XPTUSDTM
Bitget XPTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $59.64
- Price spread: −0.148% → −0.014%
- −$13.39
- Slippage, 4 orders
- −$50.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$27.91
- Costs to cover
- 0.742%
- Break-even
- 10.3 days
Slippage from KuCoin: live order book, 47 min ago; Bitget: live order book, 3 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, 47 min ago | 8.74 bp | 26.5 bp −$26 | 206.8 bp −$2,068 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.25 bp | 12.6 bp −$13 | 22.2 bp −$222 | 80.5 bp −$8,051 | doesn't fit |
XPT on 20 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 | 1,799.6 | −0.075% | $11K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,795.8 | −0.291% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,795.9 | −0.283% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,797.2 | −0.210% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,800.2 | −0.046% | $306 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,820.8 | +1.102% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0362% | 4h | 1,799.5 | −0.083% | $636K | $428K | 100x | as long as short |
| KuCoin XPTUSDTMlong | +0.0398% | 4h | 1,801 | long leg | $201K | $17K | 75x | |
| tradeXYZ xyz:PLATINUM | +0.0485% | 1h | 1,798 | −0.166% | $3.6M | $985K | 20x | as long as short |
| Variational Omni XPT | +0.0514% | 4h | 1,798.9 | −0.118% | $280K | $232K | — | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
Gate XPT_USDT
tradeXYZ xyz:PLATINUM
Variational Omni XPTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0535% | 4h | 1,799.7 | −0.069% | $14K | $10K | 20x | as long as short |
| edgeX XPTUSDC | +0.0577% | 4h | 1,803.5 | +0.137% | $39K | $282K | 10x | as long as short |
| MEXC XPT_USDT | +0.0580% | 4h | 1,798.6 | −0.133% | $23.7M | $653K | 100x | as long as short |
| Binance XPTUSDT | +0.0586% | 4h | 1,799.6 | −0.076% | $4.2M | $3.8M | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0635% | 8h | 1,799.1 | −0.103% | $3K | — | 5x | as long as short |
| Bitget XPTUSDTshort | +0.0682% | 4h | 1,798.3 | −0.148% | $1.3M | $395K | 100x | |
| Extended XPT-USD | +0.0752% | 1h | 1,796 | −0.276% | $204K | $617K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.0778% | 8h | 1,799.4 | −0.088% | $902K | $512K | 50x | as long as short |
| Lighter XPT | +0.0864% | 1h | 1,800.9 | −0.005% | $356K | $14K | 20x | as long as short |
| GRVT XPT_USDT_Perp | +0.1074% | 4h | 1,799.3 | −0.094% | $205K | $872K | 25x | as long as short |
Aster XPTUSDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Paradex XPT-USD-PERP
Extended XPT-USD
OKX XPT-USDT-SWAP
Lighter XPT
GRVT XPT_USDT_Perp