Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.004%
Price spread now: edgeX against Binance−0.062%90s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.504% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.062%, 7d avg −0.008%
=Together, before fees+0.118%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and edgeX is 0.054% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.008%). Swap the legs. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPTUSDT | 1,796.5 | 0.1223 | pay 0.0611% / 4h | 3h 05m | $4.5M | $4.3M | 100x |
| Short | edgeX XPTUSDC | 1,795.4 | 0.1208 | get 0.0604% / 4h | 3h 05m | $39K | $282K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$3.11
- Price spread: −0.062% → −0.008%
- −$5.45
- Slippage, 4 orders
- −$31.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$58.99
- Costs to cover
- 0.504%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; edgeX: live order book, 47 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 Binance live order book, 16 min ago | 0.44 bp | 10.1 bp −$10 | 26.4 bp −$264 | 110.9 bp −$11.1K | doesn't fit |
| Sell edgeX live order book, 47 min ago | 9.90 bp | 15.8 bp −$16 | 125.0 bp −$1,250 | doesn't fit | 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 | 1,795.8 | −0.043% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,791.3 | −0.291% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.8 | −0.264% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,794.6 | −0.107% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,814.9 | +1.022% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0408% | 1h | 1,797.2 | +0.037% | $306 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0571% | 1h | 1,794.3 | −0.125% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTM | +0.0752% | 4h | 1,797.1 | +0.031% | $249K | $40K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0755% | 8h | 1,797 | +0.028% | $3K | — | 5x | as long as short |
| Gate XPT_USDT | +0.0880% | 4h | 1,796.2 | −0.017% | $730K | $511K | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.1040% | 1h | 1,797.3 | +0.042% | $355K | $20K | 20x | as long as short |
| Aster XPTUSDT | +0.1166% | 4h | 1,793.2 | −0.184% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.1180% | 4h | 1,796.3 | −0.011% | $280K | $189K | — | as long as short |
| edgeX XPTUSDCshort | +0.1208% | 4h | 1,795.4 | −0.062% | $39K | $282K | 10x | |
| MEXC XPT_USDT | +0.1214% | 4h | 1,792.9 | −0.200% | $23.5M | $601K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1217% | 8h | 1,796.4 | −0.008% | $954K | $617K | 50x | as long as short |
| Binance XPTUSDTlong | +0.1223% | 4h | 1,796.5 | long leg | $4.5M | $4.3M | 100x | |
| BloFin XPT-USDT | +0.1262% | 4h | 1,796.2 | −0.019% | $89K | $68K | 100x | as long as short |
| Bitget XPTUSDT | +0.1280% | 4h | 1,795.1 | −0.079% | $1.4M | $472K | 100x | as long as short |
| Extended XPT-USD | +0.1368% | 1h | 1,791.4 | −0.289% | $205K | $617K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1740% | 4h | 1,795.1 | −0.078% | $206K | $815K | 25x | as long as short |
Binance XPTUSDT
edgeX XPTUSDC
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Gate XPT_USDT
Lighter XPT
Aster XPTUSDT
Variational Omni XPT
MEXC XPT_USDT
OKX XPT-USDT-SWAP
BloFin XPT-USDT
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp