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

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0293%/8h= −32.1% APRnext payment $1.46 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Variational Omni−0.034%7-day average −0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.063%+$6 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.034%, 7d avg −0.003%
Together, before fees+0.074%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.003%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.063% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XPT1,794.50.0999pay 0.0499% / 4h3h 39m$280K$199K
ShortKuCoin XPTUSDTM1,793.90.0706get 0.0353% / 4h3h 39m$248K$40K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
−$61.52
Price spread: −0.034% → −0.003%
−$3.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$76.67
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; KuCoin: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 14 min ago1.95 bpdoesn't fit35.9 bp −$359doesn't fitdoesn't fit
Sell KuCoin live order book, 31 min ago7.85 bp19.4 bp −$19179.3 bp −$1,793doesn'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%4h1,794.3−0.012%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,790.7−0.212%$230150xas long as short
Vest PL-PERP+0.0046%1h1,791.4−0.171%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,793.3−0.065%$13K$29K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,813.7+1.069%$6K$34K52xas long as short
Aevo PLATINUM-PERP+0.0296%1h1,795.1+0.035%$30510xas long as short
tradeXYZ xyz:PLATINUM+0.0424%1h1,792.9−0.087%$3.6M$1.0M20xas long as short
KuCoin XPTUSDTMshort+0.0706%4h1,793.9−0.034%$248K$40K75x
Gate XPT_USDT+0.0708%4h1,795.6+0.064%$730K$509K100xas long as short
Paradex XPT-USD-PERP+0.0840%8h1,794.6+0.005%$3K5xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPT+0.0840%1h1,795.6+0.063%$355K$19K20xas long as short
Aster XPTUSDT+0.0993%4h1,793.2−0.069%$14K$9K20xas long as short
Variational Omni XPTlong+0.0999%4h1,794.5long leg$280K$199K
edgeX XPTUSDC+0.1044%4h1,795+0.029%$39K$281K10xas long as short
MEXC XPT_USDT+0.1054%4h1,793.5−0.053%$23.5M$600K100xas long as short
Binance XPTUSDT+0.1058%4h1,794.8+0.019%$4.5M$4.3M100xas long as short
BloFin XPT-USDT+0.1074%4h1,794.9+0.022%$89K$68K100xas long as short
OKX XPT-USDT-SWAP+0.1123%8h1,794.8+0.019%$950K$630K50xas long as short
Bitget XPTUSDT+0.1142%4h1,793.6−0.046%$1.4M$469K100xas long as short
Extended XPT-USD+0.1152%1h1,790.7−0.209%$203K$613K10xas long as short
GRVT XPT_USDT_Perp+0.1322%4h1,795.5+0.055%$208K$810K25xas long as short