Funding you earn now, next payment 08:00 UTC+0.0363%/8h= +39.7% APRnext payment +$1.81 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against Gate−0.051%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$500.498% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.051%, 7d avg −0.018%
=Funding pays, the price is against you. Binance is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.018%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.036% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.81 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 | Gate XPT_USDT | 1,790 | 0.0828 | pay 0.0414% / 4h | 1h 54m | $720K | $534K | 100x |
| Short | Binance XPTUSDT | 1,789.1 | 0.1191 | get 0.0595% / 4h | 1h 54m | $4.5M | $4.7M | 100x |
Gate XPT_USDT
Binance XPTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $76.13
- Price spread: −0.051% → −0.018%
- −$3.29
- Slippage, 4 orders
- −$24.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $23.03
- Costs to cover
- 0.498%
- Break-even
- 4.9 days
Slippage from Gate: live order book, 52 min ago; Binance: live order book, 13 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 Gate live order book, 52 min ago | 0.03 bp | 11.8 bp −$12 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.53 bp | 9.5 bp −$10 | 20.9 bp −$209 | 109.4 bp −$10.9K | 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 | 1,791.5 | +0.087% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,786.3 | −0.206% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,786.2 | −0.210% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0085% | 1h | 1,786.8 | −0.177% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,786.2 | −0.213% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,809.9 | +1.113% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0536% | 1h | 1,790 | +0.004% | $304 | — | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0578% | 4h | 1,788.6 | −0.075% | $246K | $41K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0632% | 8h | 1,788.8 | −0.064% | $3K | — | 5x | as long as short |
| Lighter XPT | +0.0664% | 1h | 1,790.3 | +0.019% | $354K | $18K | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Lighter XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XPT-USD | +0.0704% | 1h | 1,785.6 | −0.245% | $205K | $625K | 10x | as long as short |
| Gate XPT_USDTlong | +0.0828% | 4h | 1,790 | long leg | $720K | $534K | 100x | |
| Aster XPTUSDT | +0.1130% | 4h | 1,788.6 | −0.076% | $15K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.1144% | 4h | 1,790.7 | +0.039% | $261K | $196K | — | as long as short |
| BloFin XPT-USDT | +0.1167% | 4h | 1,790.3 | +0.016% | $94K | $69K | 100x | as long as short |
| Binance XPTUSDTshort | +0.1191% | 4h | 1,789.1 | −0.051% | $4.5M | $4.7M | 100x | |
| MEXC XPT_USDT | +0.1192% | 4h | 1,787.8 | −0.120% | $23.4M | $631K | 100x | as long as short |
| Bitget XPTUSDT | +0.1214% | 4h | 1,788.9 | −0.057% | $1.4M | $510K | 100x | as long as short |
| edgeX XPTUSDC | +0.1243% | 4h | 1,791.7 | +0.100% | $39K | $280K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.1311% | 8h | 1,789.8 | −0.009% | $995K | $703K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1340% | 4h | 1,790.9 | +0.053% | $206K | $802K | 25x | as long as short |
Extended XPT-USD
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
MEXC XPT_USDT
Bitget XPTUSDT
edgeX XPTUSDC
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp