Settings8H · net · $10k
Funding arb · Price arb /

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0245%/8h= −26.8% APRnext payment $1.22 per $10,000 · paid last 24h −0.016%
Price spread now: KuCoin against BloFin+0.035%80s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.035% dearer against BloFin than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XPT-USDT1,8010.0675pay 0.0337% / 4h1h 23m$85K$68K100x
ShortKuCoin XPTUSDTM1,801.60.0430get 0.0215% / 4h1h 23m$201K$17K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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

Funding earned
−$51.42
Price spread: +0.035% → 0.000%
$3.5
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$71.93
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 71 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell KuCoin live order book, 71 min ago8.74 bp23.6 bp −$24194.7 bp −$1,947doesn't fitdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,802.2+0.072%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,799−0.111%$231150xas long as short
Vest PL-PERP+0.0046%1h1,800−0.053%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,798.8−0.120%$13K$29K10xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,802.4+0.080%$30610xas long as short
Injective XPT/USDC PERP+0.0220%1h1,816+0.837%$6K$34K52xas long as short
Gate XPT_USDT+0.0394%4h1,803+0.115%$638K$432K100xas long as short
KuCoin XPTUSDTMshort+0.0430%4h1,801.6+0.035%$201K$17K75x
tradeXYZ xyz:PLATINUM+0.0467%1h1,800.3−0.036%$3.6M$977K20xas long as short
Aster XPTUSDT+0.0601%4h1,800.5−0.022%$14K$10K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPT+0.0608%4h1,800.8−0.009%$280K$226Kas long as short
Paradex XPT-USD-PERP+0.0633%8h1,802+0.061%$3K5xas long as short
edgeX XPTUSDC+0.0643%4h1,800.4−0.030%$39K$281K10xas long as short
MEXC XPT_USDT+0.0664%4h1,799.9−0.060%$23.7M$656K100xas long as short
Binance XPTUSDT+0.0665%4h1,801.6+0.034%$4.3M$3.8M100xas long as short
BloFin XPT-USDTlong+0.0675%4h1,801long leg$85K$68K100x
Extended XPT-USD+0.0696%1h1,798−0.163%$201K$617K10xas long as short
Bitget XPTUSDT+0.0754%4h1,800.9−0.003%$1.3M$392K100xas long as short
OKX XPT-USDT-SWAP+0.0817%8h1,803.1+0.119%$915K$542K50xas long as short
Lighter XPT+0.0832%1h1,803.1+0.119%$357K$15K20xas long as short
GRVT XPT_USDT_Perp+0.1118%4h1,800.90.000%$205K$841K25xas long as short