Funding you earn now, next payment 12:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.62 per $10,000 · paid last 24h −0.047%
Price spread now: Gate against Bitget+0.051%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$520.515% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.051%, 7d avg +0.052%
=The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPTUSDT | 1,775.8 | 0.0316 | pay 0.0158% / 4h | 3h 29m | $1.3M | $541K | 100x |
| Short | Gate XPT_USDT | 1,776.7 | 0.0192 | get 0.0096% / 4h | 3h 29m | $663K | $557K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$26.04
- Price spread: +0.051% → +0.052%
- −$0.09
- Slippage, 4 orders
- −$24.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$77.65
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 1 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 Bitget live order book, 1 min ago | 2.05 bp | 9.2 bp −$9 | 26.6 bp −$266 | 102.9 bp −$10.3K | doesn't fit |
| Sell Gate live order book, 1 min ago | 0.84 bp | 12.8 bp −$13 | 14.3 bp −$143 | 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 | 1,778.5 | +0.153% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,774 | −0.101% | $227 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,772.6 | −0.180% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,774.7 | −0.061% | $3.6M | $1.1M | 20x | as long as short |
| Variational Omni XPT | +0.0052% | 4h | 1,777.3 | +0.087% | $245K | $206K | — | as long as short |
| GRVT XPT_USDT_Perp | +0.0080% | 4h | 1,778.5 | +0.151% | $206K | $776K | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,774.8 | −0.054% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,776.7 | +0.053% | $235K | $41K | 75x | as long as short |
| Aster XPTUSDT | +0.0116% | 4h | 1,777.2 | +0.079% | $14K | $9K | 20x | as long as short |
| Binance XPTUSDT | +0.0169% | 4h | 1,777.3 | +0.085% | $4.6M | $5.3M | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPT_USDT | +0.0172% | 4h | 1,776.9 | +0.061% | $23.1M | $648K | 100x | as long as short |
| BloFin XPT-USDT | +0.0172% | 4h | 1,778.2 | +0.137% | $97K | $71K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0177% | 8h | 1,775.4 | −0.022% | $3K | — | 5x | as long as short |
| edgeX XPTUSDC | +0.0189% | 4h | 1,777.5 | +0.094% | $39K | $283K | 10x | as long as short |
| Gate XPT_USDTshort | +0.0192% | 4h | 1,776.7 | +0.051% | $663K | $557K | 100x | |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,800.3 | +1.379% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0232% | 1h | 1,775.8 | +0.002% | $302 | — | 10x | as long as short |
| Lighter XPT | +0.0288% | 1h | 1,777 | +0.068% | $355K | $46K | 20x | as long as short |
| Bitget XPTUSDTlong | +0.0316% | 4h | 1,775.8 | long leg | $1.3M | $541K | 100x | |
| Extended XPT-USD | +0.0592% | 1h | 1,774.1 | −0.096% | $150K | $721K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.0852% | 8h | 1,777 | +0.068% | $1.1M | $828K | 50x | as long as short |
Bitget XPTUSDT
Gate XPT_USDT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
tradeXYZ xyz:PLATINUM
Variational Omni XPT
GRVT XPT_USDT_Perp
Pacifica PLATINUM
KuCoin XPTUSDTM
Aster XPTUSDT
Binance XPTUSDT
MEXC XPT_USDT
BloFin XPT-USDT
Paradex XPT-USD-PERP
edgeX XPTUSDC
Injective XPT/USDC PERP
Lighter XPT
Extended XPT-USD
OKX XPT-USDT-SWAP