Funding you earn now, next payment 04:00 UTC−0.0555%/8h= −60.8% APRpaid last 24h −0.038%
Price spread now: tradeXYZ against Bitget−0.051%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now −0.051%, 7d avg −0.092%
=Together, before fees+0.013%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.041% dearer against Bitget than usual: you sell high and buy low (spread −0.051% now, against its 7-day average of −0.092%): +$4 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 6 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment. 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 | 1,796.5 | 0.1040 | pay 0.0520% / 4h | 7m 44s | $1.3M | $455K | 100x |
| Short | tradeXYZ xyz:PLATINUM | 1,795.6 | 0.0485 | get 0.0061% / 1h | 7m 44s | $3.6M | $999K | 20x |
Bitget XPTUSDT
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$116.64
- Price spread: −0.051% → −0.092%
- $4.15
- Slippage, 4 orders
- −$16.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$159.24
- Costs to cover
- 0.467%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; tradeXYZ: live order book, 9 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 | 1.00 bp | 11.1 bp −$11 | 30.5 bp −$305 | 101.6 bp −$10.2K | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.39 bp | 12.1 bp −$12 | doesn't fit | 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 | 1,798.6 | +0.116% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,791.5 | −0.281% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,792.8 | −0.207% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,796.2 | −0.015% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0216% | 1h | 1,797.4 | +0.052% | $306 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,818 | +1.195% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0485% | 1h | 1,795.6 | −0.051% | $3.6M | $999K | 20x | |
| Gate XPT_USDT | +0.0516% | 4h | 1,798.4 | +0.106% | $734K | $506K | 100x | as long as short |
| KuCoin XPTUSDTM | +0.0758% | 4h | 1,797.3 | +0.044% | $249K | $40K | 75x | as long as short |
| Variational Omni XPT | +0.0851% | 4h | 1,796.8 | +0.017% | $279K | $206K | — | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
Gate XPT_USDT
KuCoin XPTUSDTM
Variational Omni XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XPT-USD-PERP | +0.0878% | 8h | 1,797.6 | +0.062% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0878% | 4h | 1,797.2 | +0.041% | $14K | $9K | 20x | as long as short |
| BloFin XPT-USDT | +0.0915% | 4h | 1,798.6 | +0.117% | $89K | $68K | 100x | as long as short |
| edgeX XPTUSDC | +0.0920% | 4h | 1,796.8 | +0.014% | $39K | $281K | 10x | as long as short |
| MEXC XPT_USDT | +0.0938% | 4h | 1,794.9 | −0.087% | $23.6M | $646K | 100x | as long as short |
| Binance XPTUSDT | +0.0947% | 4h | 1,797.2 | +0.041% | $4.5M | $4.3M | 100x | as long as short |
| Lighter XPT | +0.1000% | 1h | 1,798.8 | +0.127% | $355K | $16K | 20x | as long as short |
| Extended XPT-USD | +0.1008% | 1h | 1,791.9 | −0.257% | $207K | $610K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.1039% | 8h | 1,798.1 | +0.089% | $941K | $616K | 50x | as long as short |
| Bitget XPTUSDTlong | +0.1040% | 4h | 1,796.5 | long leg | $1.3M | $455K | 100x | |
| GRVT XPT_USDT_Perp | +0.1272% | 4h | 1,797.1 | +0.035% | $207K | $810K | 25x | as long as short |
Paradex XPT-USD-PERP
Aster XPTUSDT
BloFin XPT-USDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Lighter XPT
Extended XPT-USD
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp