Funding you earn now, next payment 08:00 UTC−0.0522%/8h= −57.1% APRpaid last 24h −0.052%
Price spread now: edgeX against OKX+0.164%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.164%, 7d avg −0.049%
=Together, before fees−0.292%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.214% dearer against OKX than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of −0.049%): +$21 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.139% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% 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 | OKX XPT-USDT-SWAP | 1,782.8 | 0.0997 | pay 0.0997% / 8h | 7m 30s | $1.0M | $787K | 50x |
| Short | edgeX XPTUSDC | 1,785.7 | 0.0475 | get 0.0238% / 4h | 7m 30s | $39K | $282K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- −$109.59
- Price spread: +0.164% → −0.049%
- $21.37
- Slippage, 4 orders
- −$13.67
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$120.89
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; edgeX: live order book, 30 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 OKX live order book, 4 min ago | 0.28 bp | 9.3 bp −$9 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 30 min ago | 1.03 bp | 6.4 bp −$6 | 136.0 bp −$1,360 | 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 | 1,783.8 | +0.056% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,780.7 | −0.116% | $228 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,780.3 | −0.140% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,781 | −0.101% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,780.4 | −0.135% | $13K | $32K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,782.8 | +0.002% | $238K | $41K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,800.3 | +0.980% | $6K | $34K | 52x | as long as short |
| Paradex XPT-USD-PERP | +0.0228% | 8h | 1,782.9 | +0.003% | $3K | — | 5x | as long as short |
| Lighter XPT | +0.0312% | 1h | 1,783.7 | +0.050% | $356K | $30K | 20x | as long as short |
| Aevo PLATINUM-PERP | +0.0352% | 1h | 1,782.1 | −0.038% | $303 | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0367% | 4h | 1,782.2 | −0.035% | $15K | $10K | 20x | as long as short |
| Extended XPT-USD | +0.0376% | 1h | 1,781 | −0.101% | $154K | $697K | 10x | as long as short |
| Variational Omni XPT | +0.0382% | 4h | 1,785.4 | +0.148% | $245K | $205K | — | as long as short |
| Binance XPTUSDT | +0.0415% | 4h | 1,782.7 | −0.003% | $4.6M | $5.2M | 100x | as long as short |
| MEXC XPT_USDT | +0.0422% | 4h | 1,782.8 | +0.001% | $23.3M | $653K | 100x | as long as short |
| BloFin XPT-USDT | +0.0467% | 4h | 1,783.7 | +0.053% | $97K | $70K | 100x | as long as short |
| edgeX XPTUSDCshort | +0.0475% | 4h | 1,785.7 | +0.164% | $39K | $282K | 10x | |
| Bitget XPTUSDT | +0.0536% | 4h | 1,781.5 | −0.074% | $1.3M | $526K | 100x | as long as short |
| Gate XPT_USDT | +0.0560% | 4h | 1,783.8 | +0.057% | $687K | $555K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0716% | 4h | 1,784.5 | +0.094% | $204K | $777K | 25x | as long as short |
| OKX XPT-USDT-SWAPlong | +0.0997% | 8h | 1,782.8 | long leg | $1.0M | $787K | 50x |
OKX XPT-USDT-SWAP
edgeX XPTUSDC
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Paradex XPT-USD-PERP
Lighter XPT
Aster XPTUSDT
Extended XPT-USD
Variational Omni XPT
Binance XPTUSDT
MEXC XPT_USDT
BloFin XPT-USDT
Bitget XPTUSDT
Gate XPT_USDT
GRVT XPT_USDT_Perp