XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.022%

Price spread now: KuCoin against Gate−0.112%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$780.782% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.112%, 7d avg −0.035%

Together, before fees+0.156%+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.077% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPT_USDT	1,797.8	0.0102	pay 0.0051% / 4h	58m 25s	$643K	$598K	100x
Short	KuCoin XPTUSDTM	1,795.8	0.0100	get 0.0050% / 4h	58m 25s	$237K	$41K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$0.42
Price spread: −0.112% → −0.035%: −$7.74
Slippage, 4 orders: −$51.18
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$86.34
Costs to cover: 0.782%
Break-even: never at this rate

Slippage from Gate: live order book, 46 min ago; KuCoin: live order book, 35 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, 46 min ago	2.37 bp	18.2 bp −$18	40.0 bp −$400	doesn't fit	doesn't fit
Sell KuCoin live order book, 35 min ago	13.03 bp	21.7 bp −$22	178.9 bp −$1,789	doesn't fit	doesn't fit

XPT on 21 exchanges

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
edgeX XPTUSDC	−0.0017%	4h	1,798	+0.013%	$39K	$282K	10x	as long as short
BloFin XPT-USDT	−0.0004%	4h	1,797.1	−0.039%	$89K	$77K	100x	as long as short
Aster XPTUSDT	0.0000%	4h	1,797.9	+0.006%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,797.9	+0.006%	$4.7M	$6.0M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,796.7	−0.061%	$23.0M	$720K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,798.2	+0.020%	$252K	$189K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,798.3	+0.027%	$10K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,794	−0.214%	$230	—	150x	as long as short
Injective XPT/USDC PERP	+0.0033%	1h	1,811.1	+0.741%	$6K	$34K	52x	as long as short
Vest PL-PERP	+0.0046%	1h	1,792.8	−0.278%	—	—	25x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XPTUSDT	+0.0062%	4h	1,797.6	−0.012%	$1.4M	$716K	100x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,795.3	−0.139%	$14K	$34K	10x	as long as short
KuCoin XPTUSDTMshort	+0.0100%	4h	1,795.8	−0.112%	$237K	$41K	75x
Gate XPT_USDTlong	+0.0102%	4h	1,797.8	long leg	$643K	$598K	100x
Aevo PLATINUM-PERP	+0.0104%	1h	1,796.5	−0.071%	$305	—	10x	as long as short
Extended XPT-USD	+0.0112%	1h	1,793.7	−0.227%	$161K	$689K	10x	as long as short
Paradex XPT-USD-PERP	+0.0147%	8h	1,797.6	−0.011%	$3K	—	5x	as long as short
GRVT XPT_USDT_Perp	+0.0154%	4h	1,798	+0.013%	$208K	$796K	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0251%	1h	1,795.1	−0.150%	$3.4M	$1.1M	20x	as long as short
OKX XPT-USDT-SWAP	+0.0397%	8h	1,797.6	−0.011%	$920K	$1.1M	50x	as long as short
Lighter XPT	+0.0592%	1h	1,797.9	+0.006%	$359K	$52K	20x	as long as short