XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.032%

Price spread now: MEXC against Bitget−0.121%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$470.472% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 7 days+0.161%+$16 · spread now −0.121%, 7d avg +0.019%

Together, before fees+0.108%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.140% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XPTUSDT	1,797.5	0.1366	pay 0.0683% / 4h	2h 47m	$1.4M	$489K	100x
Short	MEXC XPT_USDT	1,795.3	0.1324	get 0.0662% / 4h	2h 47m	$23.6M	$607K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.121%Rate

Funding earned: −$8.82
Price spread: −0.121% → +0.019%: −$13.97
Slippage, 4 orders: −$35.23
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$70.02
Costs to cover: 0.472%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; MEXC: 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, 4 min ago	4.01 bp	12.7 bp −$13	28.5 bp −$285	85.2 bp −$8,517	doesn't fit
Sell MEXC live order book, 1 min ago	11.55 bp	11.5 bp −$12	14.0 bp −$140	50.6 bp −$5,058	238.3 bp −$119.1K

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	1,797.1	−0.019%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,794.6	−0.162%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,795.2	−0.126%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,797	−0.027%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,814.7	+0.961%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0472%	1h	1,799.1	+0.093%	$306	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0689%	1h	1,796.4	−0.060%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0846%	4h	1,798.8	+0.072%	$249K	$40K	75x	as long as short
Paradex XPT-USD-PERP	+0.0884%	8h	1,798.2	+0.042%	$3K	—	5x	as long as short
Gate XPT_USDT	+0.0910%	4h	1,799.6	+0.120%	$736K	$503K	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	+0.1256%	1h	1,799.9	+0.135%	$356K	$19K	20x	as long as short
Variational Omni XPT	+0.1268%	4h	1,798.3	+0.043%	$277K	$188K	—	as long as short
Aster XPTUSDT	+0.1275%	4h	1,796.9	−0.034%	$14K	$9K	20x	as long as short
OKX XPT-USDT-SWAP	+0.1286%	8h	1,798.8	+0.074%	$964K	$630K	50x	as long as short
BloFin XPT-USDT	+0.1286%	4h	1,798.4	+0.054%	$90K	$68K	100x	as long as short
edgeX XPTUSDC	+0.1320%	4h	1,798.4	+0.049%	$39K	$283K	10x	as long as short
MEXC XPT_USDTshort	+0.1324%	4h	1,795.3	−0.121%	$23.6M	$607K	100x
Binance XPTUSDT	+0.1325%	4h	1,798.6	+0.061%	$4.5M	$4.3M	100x	as long as short
Bitget XPTUSDTlong	+0.1366%	4h	1,797.5	long leg	$1.4M	$489K	100x
Extended XPT-USD	+0.1568%	1h	1,794.3	−0.176%	$202K	$621K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1850%	4h	1,798.1	+0.036%	$207K	$812K	25x	as long as short