Funding you earn now, next payment 08:00 UTC+0.0356%/8h= +39.0% APRnext payment +$1.78 per $10,000 · paid last 24h +0.016%
Price spread now: MEXC against KuCoin+0.007%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$680.685% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.007%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.087%, 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 -0.087% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.78 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 | 0.0702 | pay 0.0351% / 4h | 3h 37m | $248K | $40K | 75x |
| Short | MEXC XPT_USDT | 1,794 | 0.1058 | get 0.0529% / 4h | 3h 37m | $23.5M | $600K | 100x |
KuCoin XPTUSDTM
MEXC XPT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $74.76
- Price spread: +0.007% → −0.001%
- $0.72
- Slippage, 4 orders
- −$56.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $7
- Costs to cover
- 0.685%
- Break-even
- 6.3 days
Slippage from KuCoin: live order book, 34 min ago; MEXC: live order book, 1 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, 34 min ago | 7.85 bp | 25.7 bp −$26 | 193.6 bp −$1,936 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 9.42 bp | 14.0 bp −$14 | 16.1 bp −$161 | 57.2 bp −$5,720 | 240.8 bp −$120.4K |
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 | +0.022% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,791.4 | −0.135% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.8 | −0.114% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,790.9 | −0.166% | $13K | $30K | 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 | +0.0304% | 1h | 1,795.9 | +0.112% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0425% | 1h | 1,793.4 | −0.025% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTMlong | +0.0702% | 4h | 1,793.9 | long leg | $248K | $40K | 75x | |
| Gate XPT_USDT | +0.0740% | 4h | 1,795.9 | +0.111% | $730K | $509K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0828% | 8h | 1,795 | +0.066% | $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 | 1,796.2 | +0.131% | $355K | $19K | 20x | as long as short |
| Aster XPTUSDT | +0.0998% | 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 |
| BloFin XPT-USDT | +0.1044% | 4h | 1,794.9 | +0.056% | $89K | $68K | 100x | as long as short |
| edgeX XPTUSDC | +0.1057% | 4h | 1,794.5 | +0.039% | $39K | $282K | 10x | as long as short |
| MEXC XPT_USDTshort | +0.1058% | 4h | 1,794 | +0.007% | $23.5M | $600K | 100x | |
| Binance XPTUSDT | +0.1061% | 4h | 1,795.5 | +0.091% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1128% | 8h | 1,794.9 | +0.059% | $950K | $628K | 50x | as long as short |
| Extended XPT-USD | +0.1136% | 1h | 1,791.1 | −0.153% | $203K | $613K | 10x | as long as short |
| Bitget XPTUSDT | +0.1142% | 4h | 1,794.1 | +0.014% | $1.4M | $469K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1346% | 4h | 1,794.2 | +0.021% | $205K | $814K | 25x | as long as short |
Lighter XPT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
edgeX XPTUSDC
Binance XPTUSDT
OKX XPT-USDT-SWAP
Extended XPT-USD
Bitget XPTUSDT
GRVT XPT_USDT_Perp