Funding you earn now, next payment 12:00 UTC+0.0576%/8h= +63.1% APRpaid last 24h +0.103%
Price spread now: OKX against Gate−0.031%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.031%, 7d avg +0.013%
=Funding pays, the price is against you. OKX is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.013%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.231% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.231% in total (about 12.0% a year). A funding rate is set anew for every payment. 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 | 1,780 | 0.0300 | pay 0.0150% / 4h | 3h 37m | $665K | $556K | 100x |
| Short | OKX XPT-USDT-SWAP | 1,779.4 | 0.0876 | get 0.0876% / 8h | 7h 37m | $1.1M | $826K | 50x |
Gate XPT_USDT
OKX XPT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $120.99
- Price spread: −0.031% → +0.013%
- −$4.36
- Slippage, 4 orders
- −$28.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $62.9
- Costs to cover
- 0.537%
- Break-even
- 3.4 days
Slippage from Gate: live order book, 59 min ago; OKX: live order book, 4 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, 59 min ago | 4.31 bp | 14.7 bp −$15 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.28 bp | 10.1 bp −$10 | 27.2 bp −$272 | 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 | 1,778.5 | −0.084% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,776.2 | −0.211% | $228 | — | 150x | as long as short |
| GRVT XPT_USDT_Perp | +0.0030% | 4h | 1,778 | −0.110% | $206K | $776K | 25x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,775.1 | −0.272% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,777.3 | −0.149% | $3.6M | $1.0M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,776.9 | −0.171% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,778.8 | −0.062% | $235K | $41K | 75x | as long as short |
| Variational Omni XPT | +0.0112% | 4h | 1,776.6 | −0.188% | $244K | $206K | — | as long as short |
| Aster XPTUSDT | +0.0159% | 4h | 1,778.4 | −0.090% | $15K | $9K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0195% | 8h | 1,779.4 | −0.032% | $3K | — | 5x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
GRVT XPT_USDT_Perp
Vest PL-PERP
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
KuCoin XPTUSDTM
Variational Omni XPT
Aster XPTUSDT
Paradex XPT-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPT-USDT | +0.0199% | 4h | 1,779.3 | −0.039% | $97K | $70K | 100x | as long as short |
| Binance XPTUSDT | +0.0210% | 4h | 1,779.5 | −0.025% | $4.6M | $5.3M | 100x | as long as short |
| MEXC XPT_USDT | +0.0210% | 4h | 1,779.3 | −0.038% | $23.1M | $648K | 100x | as long as short |
| edgeX XPTUSDC | +0.0212% | 4h | 1,777.8 | −0.123% | $39K | $282K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,800.3 | +1.142% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0256% | 1h | 1,779.6 | −0.018% | $303 | — | 10x | as long as short |
| Lighter XPT | +0.0296% | 1h | 1,780.3 | +0.020% | $355K | $43K | 20x | as long as short |
| Gate XPT_USDTlong | +0.0300% | 4h | 1,780 | long leg | $665K | $556K | 100x | |
| Bitget XPTUSDT | +0.0362% | 4h | 1,777.7 | −0.126% | $1.3M | $536K | 100x | as long as short |
| Extended XPT-USD | +0.0448% | 1h | 1,775.5 | −0.248% | $153K | $717K | 10x | as long as short |
| OKX XPT-USDT-SWAPshort | +0.0876% | 8h | 1,779.4 | −0.031% | $1.1M | $826K | 50x |
BloFin XPT-USDT
Binance XPTUSDT
MEXC XPT_USDT
edgeX XPTUSDC
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
Lighter XPT
Bitget XPTUSDT
Extended XPT-USD