Funding you earn now, next payment 02:00 UTC−0.0249%/8h= −27.2% APRpaid last 24h −0.093%
Price spread now: Extended against OKX−0.188%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.188%, 7d avg −0.095%
=Together, before fees−0.065%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.093% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.122% in total (about -6.4% 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 | 1,805.7 | 0.0721 | pay 0.0721% / 8h | 6h 13m | $905K | $508K | 50x |
| Short | Extended XPT-USD | 1,802.3 | 0.0472 | get 0.0059% / 1h | 13m 55s | $203K | $614K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$52.25
- Price spread: −0.188% → −0.095%
- −$9.33
- Slippage, 4 orders
- −$20.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$96.9
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from OKX: live order book, 52 min ago; Extended: live order book, 54 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, 52 min ago | 0.28 bp | 10.1 bp −$10 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Extended live order book, 54 min ago | 2.20 bp | 9.3 bp −$9 | 43.4 bp −$434 | doesn't fit | doesn't fit |
XPT on 20 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 | 1,806 | +0.014% | $11K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,802.5 | −0.176% | $231 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,803.2 | −0.138% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,803.1 | −0.144% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,806 | +0.015% | $307 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,824.7 | +1.053% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0242% | 1h | 1,802.5 | −0.177% | $3.6M | $981K | 20x | as long as short |
| KuCoin XPTUSDTM | +0.0254% | 4h | 1,806 | +0.016% | $201K | $17K | 75x | as long as short |
| Gate XPT_USDT | +0.0274% | 4h | 1,805.8 | +0.007% | $631K | $422K | 100x | as long as short |
| Variational Omni XPT | +0.0402% | 4h | 1,806.1 | +0.020% | $281K | $232K | — | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0450% | 4h | 1,805 | −0.039% | $14K | $10K | 20x | as long as short |
| edgeX XPTUSDC | +0.0463% | 4h | 1,806.5 | +0.044% | $39K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.0468% | 4h | 1,803.9 | −0.102% | $23.7M | $658K | 100x | as long as short |
| Binance XPTUSDT | +0.0469% | 4h | 1,805.4 | −0.016% | $4.2M | $3.8M | 100x | as long as short |
| Extended XPT-USDshort | +0.0472% | 1h | 1,802.3 | −0.188% | $203K | $614K | 10x | |
| Paradex XPT-USD-PERP | +0.0504% | 8h | 1,804.8 | −0.051% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0552% | 4h | 1,804.9 | −0.043% | $1.2M | $372K | 100x | as long as short |
| Lighter XPT | +0.0712% | 1h | 1,805.9 | +0.011% | $357K | $15K | 20x | as long as short |
| OKX XPT-USDT-SWAPlong | +0.0721% | 8h | 1,805.7 | long leg | $905K | $508K | 50x | |
| GRVT XPT_USDT_Perp | +0.0948% | 4h | 1,806.9 | +0.067% | $206K | $964K | 25x | as long as short |
OKX XPT-USDT-SWAP
Extended XPT-USD
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Gate XPT_USDT
Variational Omni XPT
Aster XPTUSDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT
Lighter XPT
GRVT XPT_USDT_Perp