Funding you earn now, next payment 05:00 UTC−0.0294%/8h= −32.2% APRpaid last 24h −0.024%
Price spread now: tradeXYZ against Gate−0.159%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.159%, 7d avg −0.131%
=Together, before fees+0.064%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and tradeXYZ is 0.028% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.131%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% 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 | 1,795.9 | 0.0718 | pay 0.0359% / 4h | 3h 38m | $730K | $509K | 100x |
| Short | tradeXYZ xyz:PLATINUM | 1,793 | 0.0424 | get 0.0053% / 1h | 38m 12s | $3.6M | $1.0M | 20x |
Gate XPT_USDT
tradeXYZ xyz:PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$61.74
- Price spread: −0.159% → −0.131%
- −$2.76
- Slippage, 4 orders
- −$21.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$118.9
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; tradeXYZ: live order book, 10 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, 13 min ago | 0.14 bp | 14.4 bp −$14 | 36.3 bp −$363 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.84 bp | 11.3 bp −$11 | 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 | 1,794.3 | −0.089% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.8 | −0.282% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.5 | −0.242% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,793.2 | −0.148% | $13K | $30K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +0.991% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0296% | 1h | 1,795.5 | −0.021% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUMshort | +0.0424% | 1h | 1,793 | −0.159% | $3.6M | $1.0M | 20x | |
| KuCoin XPTUSDTM | +0.0704% | 4h | 1,793.9 | −0.111% | $248K | $40K | 75x | as long as short |
| Gate XPT_USDTlong | +0.0718% | 4h | 1,795.9 | long leg | $730K | $509K | 100x | |
| Paradex XPT-USD-PERP | +0.0831% | 8h | 1,794.3 | −0.084% | $3K | — | 5x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.0840% | 1h | 1,796.1 | +0.014% | $355K | $19K | 20x | as long as short |
| Aster XPTUSDT | +0.0994% | 4h | 1,793.2 | −0.146% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0999% | 4h | 1,794.5 | −0.077% | $280K | $199K | — | as long as short |
| BloFin XPT-USDT | +0.1044% | 4h | 1,794.9 | −0.055% | $89K | $68K | 100x | as long as short |
| edgeX XPTUSDC | +0.1050% | 4h | 1,794.5 | −0.075% | $39K | $281K | 10x | as long as short |
| MEXC XPT_USDT | +0.1056% | 4h | 1,793.6 | −0.126% | $23.5M | $600K | 100x | as long as short |
| Binance XPTUSDT | +0.1060% | 4h | 1,795.2 | −0.034% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1128% | 8h | 1,794.9 | −0.053% | $950K | $628K | 50x | as long as short |
| Extended XPT-USD | +0.1136% | 1h | 1,790.9 | −0.274% | $203K | $613K | 10x | as long as short |
| Bitget XPTUSDT | +0.1140% | 4h | 1,794.1 | −0.097% | $1.4M | $469K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1348% | 4h | 1,794.3 | −0.089% | $205K | $814K | 25x | as long as short |
Lighter XPT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
OKX XPT-USDT-SWAP
Extended XPT-USD
Bitget XPTUSDT
GRVT XPT_USDT_Perp