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

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.86 per $10,000 · paid last 24h +0.011%
Price spread now: edgeX against KuCoin+0.065%68s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.625% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.065%, 7d avg −0.001%
Together, before fees−0.143%+ Points / potential airdropedgeX: Active · farm board−$14 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 edgeX is 0.066% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XPTUSDTM1,814.10.0100pay 0.0050% / 4h3h 00m$202K$19K75x
ShortedgeX XPTUSDC1,815.30.0272get 0.0136% / 4h3h 00m$40K$283K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$36.07
Price spread: +0.065% → −0.001%
$6.57
Slippage, 4 orders
−$41.5
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$19.85
Costs to cover
0.625%
Break-even
10.9 days
Slippage from KuCoin: live order book, 44 min ago; edgeX: live order book, 7 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, 44 min ago12.60 bp29.8 bp −$30225.1 bp −$2,251doesn't fitdoesn't fit
Sell edgeX live order book, 7 min ago0.83 bp6.0 bp −$6141.8 bp −$1,418doesn'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%4h1,815.6+0.082%$11K$37K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,812.6−0.083%$233150xas long as short
Extended XPT-USD+0.0032%1h1,812.7−0.078%$205K$563K10xas long as short
Vest PL-PERP+0.0046%1h1,813.8−0.015%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,814.1−0.001%$17K$25K10xas long as short
KuCoin XPTUSDTMlong+0.0100%4h1,814.1long leg$202K$19K75x
Aevo PLATINUM-PERP+0.0104%1h1,814.3+0.011%$30810xas long as short
tradeXYZ xyz:PLATINUM+0.0109%1h1,812.8−0.071%$3.6M$1.1M20xas long as short
Gate XPT_USDT+0.0138%4h1,815.6+0.082%$640K$408K100xas long as short
Variational Omni XPT+0.0209%4h1,815.5+0.080%$288K$326Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XPT/USDC PERP+0.0220%1h1,831.8+0.974%$6K$34K52xas long as short
Binance XPTUSDT+0.0266%4h1,814.4+0.018%$4.2M$4.0M100xas long as short
MEXC XPT_USDT+0.0268%4h1,814.2+0.006%$23.9M$673K100xas long as short
edgeX XPTUSDCshort+0.0272%4h1,815.3+0.065%$40K$283K10x
BloFin XPT-USDT+0.0289%4h1,815+0.049%$85K$64K100xas long as short
Aster XPTUSDT+0.0293%4h1,813.8−0.016%$15K$12K20xas long as short
Paradex XPT-USD-PERP+0.0304%8h1,815.5+0.079%$3K5xas long as short
Bitget XPTUSDT+0.0362%4h1,814−0.006%$1.2M$356K100xas long as short
Lighter XPT+0.0400%1h1,816.4+0.128%$359K$16K20xas long as short
GRVT XPT_USDT_Perp+0.0636%4h1,814.6+0.026%$208K$994K25xas long as short
OKX XPT-USDT-SWAP+0.0684%8h1,815.5+0.078%$908K$530K50xas long as short