Settings8H · net · $10k
Funding arb · Price arb /

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0915%/8h= +100.2% APRpaid last 24h +0.024%
Price spread now: edgeX against tradeXYZ+0.105%86s7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.105%, 7d avg +0.098%
Together, before fees−0.082%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.098%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.050%, so the current rate has only just turned in your favour. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.050% in total (about -2.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:PLATINUM1,7820.0121pay 0.0015% / 1h23m 56s$3.6M$1.1M20x
ShortedgeX XPTUSDC1,783.90.1036get 0.0518% / 4h1h 23m$39K$281K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$192.19
Price spread: +0.105% → +0.098%
$0.64
Slippage, 4 orders
−$24.07
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$141.77
Costs to cover
0.511%
Break-even
1.8 days
Slippage from tradeXYZ: live order book, 4 min ago; edgeX: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago1.40 bp13.2 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 19 min ago7.65 bp13.3 bp −$13169.1 bp −$1,691doesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,784.6+0.148%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,781.8−0.011%$229150xas long as short
Vest PL-PERP+0.0046%1h1,780.7−0.073%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,781.3−0.039%$13K$29K10xas long as short
tradeXYZ xyz:PLATINUMlong+0.0121%1h1,782long leg$3.6M$1.1M20x
Injective XPT/USDC PERP+0.0220%1h1,801.4+1.088%$6K$34K52xas long as short
KuCoin XPTUSDTM+0.0386%4h1,784+0.112%$238K$42K75xas long as short
Paradex XPT-USD-PERP+0.0480%8h1,784.4+0.133%$3K5xas long as short
Aevo PLATINUM-PERP+0.0512%1h1,784.7+0.153%$30310xas long as short
Lighter XPT+0.0656%1h1,785.4+0.191%$354K$21K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XPT-USD+0.0688%1h1,781.6−0.023%$201K$624K10xas long as short
Gate XPT_USDT+0.0736%4h1,784.6+0.143%$716K$539K100xas long as short
Aster XPTUSDT+0.0928%4h1,783.8+0.100%$15K$10K20xas long as short
Variational Omni XPT+0.0946%4h1,784.6+0.147%$260K$187Kas long as short
Binance XPTUSDT+0.0991%4h1,784.8+0.157%$4.5M$4.8M100xas long as short
MEXC XPT_USDT+0.0998%4h1,784.1+0.115%$23.3M$638K100xas long as short
edgeX XPTUSDCshort+0.1036%4h1,783.9+0.105%$39K$281K10x
Bitget XPTUSDT+0.1046%4h1,783.2+0.070%$1.4M$510K100xas long as short
BloFin XPT-USDT+0.1054%4h1,784.7+0.152%$96K$69K100xas long as short
GRVT XPT_USDT_Perp+0.1100%4h1,783.3+0.071%$205K$786K25xas long as short
OKX XPT-USDT-SWAP+0.1244%8h1,785+0.168%$1.0M$741K50xas long as short