Funding you earn now, next payment 08:00 UTC+0.0274%/8h= +30.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.014%
Price spread now: MEXC against Gate−0.069%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.437% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.069%, 7d avg −0.036%
=Funding pays, the price is against you. MEXC is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.036%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.033% in total) that is about 6.9 days.
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; at this rate the next one is about +$1.37 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 | 1,784.6 | 0.0740 | pay 0.0370% / 4h | 1h 26m | $717K | $538K | 100x |
| Short | MEXC XPT_USDT | 1,783.4 | 0.1014 | get 0.0507% / 4h | 1h 26m | $23.3M | $637K | 100x |
Gate XPT_USDT
MEXC XPT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $57.54
- Price spread: −0.069% → −0.036%
- −$3.26
- Slippage, 4 orders
- −$28.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $10.61
- Costs to cover
- 0.437%
- Break-even
- 5.7 days
Slippage from Gate: live order book, 15 min ago; MEXC: live order book, 2 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, 15 min ago | 1.18 bp | 18.9 bp −$19 | 40.9 bp −$409 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.16 bp | 7.6 bp −$8 | 14.5 bp −$145 | 69.7 bp −$6,968 | 258.3 bp −$129.1K |
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 | 1,784.4 | −0.013% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,780.6 | −0.225% | $228 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,781.2 | −0.193% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,781.1 | −0.199% | $13K | $29K | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0122% | 1h | 1,781.7 | −0.165% | $3.6M | $1.1M | 20x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,801.4 | +0.939% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTM | +0.0410% | 4h | 1,783.4 | −0.070% | $238K | $42K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0488% | 8h | 1,784.4 | −0.012% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0512% | 1h | 1,784.1 | −0.029% | $303 | — | 10x | as long as short |
| Lighter XPT | +0.0656% | 1h | 1,785.9 | +0.071% | $353K | $18K | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
tradeXYZ xyz:PLATINUM
Injective XPT/USDC PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Aevo PLATINUM-PERP
Lighter XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XPT-USD | +0.0664% | 1h | 1,781.4 | −0.184% | $201K | $628K | 10x | as long as short |
| Gate XPT_USDTlong | +0.0740% | 4h | 1,784.6 | long leg | $717K | $538K | 100x | |
| Aster XPTUSDT | +0.0946% | 4h | 1,783.8 | −0.048% | $15K | $10K | 20x | as long as short |
| BloFin XPT-USDT | +0.0972% | 4h | 1,784.2 | −0.022% | $96K | $69K | 100x | as long as short |
| Variational Omni XPT | +0.0984% | 4h | 1,784.2 | −0.027% | $260K | $189K | — | as long as short |
| Binance XPTUSDT | +0.1007% | 4h | 1,784.8 | +0.006% | $4.5M | $4.8M | 100x | as long as short |
| MEXC XPT_USDTshort | +0.1014% | 4h | 1,783.4 | −0.069% | $23.3M | $637K | 100x | |
| edgeX XPTUSDC | +0.1047% | 4h | 1,784.1 | −0.030% | $39K | $283K | 10x | as long as short |
| Bitget XPTUSDT | +0.1054% | 4h | 1,783.2 | −0.078% | $1.4M | $510K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1130% | 4h | 1,783.9 | −0.040% | $205K | $786K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1251% | 8h | 1,784.8 | +0.009% | $1.0M | $741K | 50x | as long as short |
Extended XPT-USD
Aster XPTUSDT
BloFin XPT-USDT
Variational Omni XPT
Binance XPTUSDT
edgeX XPTUSDC
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP