XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0256%/8h= −28.0% APRnext payment −$1.28 per $10,000 · paid last 24h −0.069%

Price spread now: KuCoin against Bitget+0.105%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$700.703% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.105%, 7d avg +0.018%

Together, before fees−0.095%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.087% dearer against Bitget than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.018%): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 27 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.28 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	Bitget XPTUSDT	1,776.9	0.0356	pay 0.0178% / 4h	3h 36m	$1.3M	$535K	100x
Short	KuCoin XPTUSDTM	1,778.8	0.0100	get 0.0050% / 4h	3h 36m	$235K	$41K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$53.76
Price spread: +0.105% → +0.018%: $8.66
Slippage, 4 orders: −$46.29
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$115.38
Costs to cover: 0.703%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 55 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, 5 min ago	4.00 bp	12.1 bp −$12	30.7 bp −$307	100.6 bp −$10.1K	doesn't fit
Sell KuCoin live order book, 55 min ago	2.96 bp	26.8 bp −$27	185.7 bp −$1,857	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	+0.086%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,776.2	−0.041%	$228	—	150x	as long as short
GRVT XPT_USDT_Perp	+0.0030%	4h	1,778	+0.061%	$206K	$776K	25x	as long as short
Vest PL-PERP	+0.0046%	1h	1,774.6	−0.131%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,777.4	+0.027%	$3.6M	$1.0M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,776.8	−0.006%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTMshort	+0.0100%	4h	1,778.8	+0.105%	$235K	$41K	75x
Variational Omni XPT	+0.0112%	4h	1,776.6	−0.018%	$244K	$206K	—	as long as short
Aster XPTUSDT	+0.0154%	4h	1,777.6	+0.037%	$15K	$9K	20x	as long as short
Paradex XPT-USD-PERP	+0.0194%	8h	1,778.6	+0.094%	$3K	—	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPT-USDT	+0.0199%	4h	1,779.3	+0.131%	$97K	$70K	100x	as long as short
Binance XPTUSDT	+0.0205%	4h	1,778.2	+0.071%	$4.6M	$5.3M	100x	as long as short
MEXC XPT_USDT	+0.0208%	4h	1,778.7	+0.100%	$23.1M	$648K	100x	as long as short
edgeX XPTUSDC	+0.0212%	4h	1,777.8	+0.047%	$39K	$282K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,800.3	+1.315%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0256%	1h	1,779.6	+0.152%	$303	—	10x	as long as short
Lighter XPT	+0.0296%	1h	1,779.7	+0.156%	$355K	$43K	20x	as long as short
Gate XPT_USDT	+0.0300%	4h	1,779.4	+0.138%	$665K	$556K	100x	as long as short
Bitget XPTUSDTlong	+0.0356%	4h	1,776.9	long leg	$1.3M	$535K	100x
Extended XPT-USD	+0.0480%	1h	1,775.3	−0.093%	$151K	$719K	10x	as long as short
OKX XPT-USDT-SWAP	+0.0873%	8h	1,779.2	+0.128%	$1.1M	$826K	50x	as long as short