Funding you earn now, next payment 04:00 UTC−0.0478%/8h= −52.3% APRnext payment −$0.60 per $10,000 · paid last 24h −0.004%
Price spread now: tradeXYZ against Extended+0.067%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.067%, 7d avg −0.050%
=Together, before fees−0.030%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.117% dearer against Extended than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.050%): +$12 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.001% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.60 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 | Extended XPT-USD | 1,793 | 0.0720 | pay 0.0090% / 1h | 33m 27s | $202K | $612K | 10x |
| Short | tradeXYZ xyz:PLATINUM | 1,794.2 | 0.0242 | get 0.0030% / 1h | 33m 27s | $3.5M | $978K | 20x |
Extended XPT-USD
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Extended. 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
- −$100.37
- Price spread: +0.067% → −0.050%
- $11.73
- Slippage, 4 orders
- −$17.87
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$129.51
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; tradeXYZ: live order book, 5 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 Extended live order book, 24 min ago | 0.83 bp | 7.1 bp −$7 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 1.39 bp | 12.4 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 | 1,794.2 | +0.070% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,793 | −0.002% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,793.7 | +0.040% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,792.7 | −0.019% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0128% | 1h | 1,796.3 | +0.184% | $305 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.3 | +1.133% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0242% | 1h | 1,794.2 | +0.067% | $3.5M | $978K | 20x | |
| Gate XPT_USDT | +0.0430% | 4h | 1,797 | +0.225% | $639K | $441K | 100x | as long as short |
| KuCoin XPTUSDTM | +0.0590% | 4h | 1,796.5 | +0.194% | $200K | $17K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0632% | 8h | 1,796 | +0.169% | $3K | — | 5x | 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
Paradex XPT-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0686% | 4h | 1,794.5 | +0.083% | $14K | $10K | 20x | as long as short |
| Variational Omni XPT | +0.0704% | 4h | 1,795.2 | +0.124% | $279K | $213K | — | as long as short |
| Extended XPT-USDlong | +0.0720% | 1h | 1,793 | long leg | $202K | $612K | 10x | |
| Lighter XPT | +0.0744% | 1h | 1,797.1 | +0.229% | $355K | $15K | 20x | as long as short |
| MEXC XPT_USDT | +0.0758% | 4h | 1,794 | +0.057% | $23.5M | $645K | 100x | as long as short |
| Binance XPTUSDT | +0.0758% | 4h | 1,796.2 | +0.181% | $4.3M | $3.8M | 100x | as long as short |
| edgeX XPTUSDC | +0.0764% | 4h | 1,794.5 | +0.086% | $39K | $282K | 10x | as long as short |
| BloFin XPT-USDT | +0.0775% | 4h | 1,794.7 | +0.093% | $88K | $67K | 100x | as long as short |
| Bitget XPTUSDT | +0.0874% | 4h | 1,794.1 | +0.061% | $1.3M | $389K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.0937% | 8h | 1,796.7 | +0.207% | $937K | $560K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1148% | 4h | 1,794.5 | +0.082% | $204K | $815K | 25x | as long as short |
Aster XPTUSDT
Variational Omni XPT
Lighter XPT
MEXC XPT_USDT
Binance XPTUSDT
edgeX XPTUSDC
BloFin XPT-USDT
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp