Funding you earn now, next payment 08:00 UTC+0.0351%/8h= +38.5% APRnext payment +$1.76 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against KuCoin+0.053%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$630.634% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now +0.053%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Binance is 0.037% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.76 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 | KuCoin XPTUSDTM | 1,793.9 | 0.0706 | pay 0.0353% / 4h | 3h 40m | $248K | $40K | 75x |
| Short | Binance XPTUSDT | 1,794.8 | 0.1057 | get 0.0529% / 4h | 3h 40m | $4.5M | $4.3M | 100x |
KuCoin XPTUSDTM
Binance XPTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $73.81
- Price spread: +0.053% → +0.016%
- $3.72
- Slippage, 4 orders
- −$41.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $14.1
- Costs to cover
- 0.634%
- Break-even
- 5.7 days
Slippage from KuCoin: live order book, 31 min ago; Binance: live order book, 12 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 KuCoin live order book, 31 min ago | 7.85 bp | 25.7 bp −$26 | 193.6 bp −$1,936 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.42 bp | 9.9 bp −$10 | 21.2 bp −$212 | 106.5 bp −$10.6K | 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 | 1,793.6 | −0.013% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.8 | −0.170% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.4 | −0.137% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,793.3 | −0.031% | $13K | $29K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +1.104% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0296% | 1h | 1,795.2 | +0.073% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0423% | 1h | 1,792.8 | −0.059% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTMlong | +0.0706% | 4h | 1,793.9 | long leg | $248K | $40K | 75x | |
| Gate XPT_USDT | +0.0708% | 4h | 1,795.6 | +0.096% | $730K | $509K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0840% | 8h | 1,794.6 | +0.039% | $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
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
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 | 1,795.8 | +0.109% | $355K | $19K | 20x | as long as short |
| Aster XPTUSDT | +0.0992% | 4h | 1,793.2 | −0.035% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0999% | 4h | 1,794.5 | +0.034% | $280K | $199K | — | as long as short |
| edgeX XPTUSDC | +0.1044% | 4h | 1,795 | +0.064% | $39K | $281K | 10x | as long as short |
| MEXC XPT_USDT | +0.1054% | 4h | 1,793.4 | −0.023% | $23.5M | $600K | 100x | as long as short |
| Binance XPTUSDTshort | +0.1057% | 4h | 1,794.8 | +0.053% | $4.5M | $4.3M | 100x | |
| BloFin XPT-USDT | +0.1074% | 4h | 1,794.9 | +0.056% | $89K | $68K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1123% | 8h | 1,794.8 | +0.053% | $950K | $630K | 50x | as long as short |
| Bitget XPTUSDT | +0.1142% | 4h | 1,793.6 | −0.012% | $1.4M | $469K | 100x | as long as short |
| Extended XPT-USD | +0.1160% | 1h | 1,790.8 | −0.173% | $203K | $613K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1322% | 4h | 1,795.5 | +0.089% | $208K | $810K | 25x | as long as short |
Lighter XPT
Aster XPTUSDT
Variational Omni XPT
edgeX XPTUSDC
MEXC XPT_USDT
BloFin XPT-USDT
OKX XPT-USDT-SWAP
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp