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 − costs—prices read too far apart to compare
costs, in and out, $10k−$510.511% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:PLATINUM | 1,782 | 0.0121 | pay 0.0015% / 1h | 23m 56s | $3.6M | $1.1M | 20x |
| Short | edgeX XPTUSDC | 1,783.9 | 0.1036 | get 0.0518% / 4h | 1h 23m | $39K | $281K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 4 min ago | 1.40 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 19 min ago | 7.65 bp | 13.3 bp −$13 | 169.1 bp −$1,691 | 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 | 1,784.6 | +0.148% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,781.8 | −0.011% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,780.7 | −0.073% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,781.3 | −0.039% | $13K | $29K | 10x | as long as short |
| tradeXYZ xyz:PLATINUMlong | +0.0121% | 1h | 1,782 | long leg | $3.6M | $1.1M | 20x | |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,801.4 | +1.088% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTM | +0.0386% | 4h | 1,784 | +0.112% | $238K | $42K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0480% | 8h | 1,784.4 | +0.133% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0512% | 1h | 1,784.7 | +0.153% | $303 | — | 10x | as long as short |
| Lighter XPT | +0.0656% | 1h | 1,785.4 | +0.191% | $354K | $21K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XPT-USD | +0.0688% | 1h | 1,781.6 | −0.023% | $201K | $624K | 10x | as long as short |
| Gate XPT_USDT | +0.0736% | 4h | 1,784.6 | +0.143% | $716K | $539K | 100x | as long as short |
| Aster XPTUSDT | +0.0928% | 4h | 1,783.8 | +0.100% | $15K | $10K | 20x | as long as short |
| Variational Omni XPT | +0.0946% | 4h | 1,784.6 | +0.147% | $260K | $187K | — | as long as short |
| Binance XPTUSDT | +0.0991% | 4h | 1,784.8 | +0.157% | $4.5M | $4.8M | 100x | as long as short |
| MEXC XPT_USDT | +0.0998% | 4h | 1,784.1 | +0.115% | $23.3M | $638K | 100x | as long as short |
| edgeX XPTUSDCshort | +0.1036% | 4h | 1,783.9 | +0.105% | $39K | $281K | 10x | |
| Bitget XPTUSDT | +0.1046% | 4h | 1,783.2 | +0.070% | $1.4M | $510K | 100x | as long as short |
| BloFin XPT-USDT | +0.1054% | 4h | 1,784.7 | +0.152% | $96K | $69K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1100% | 4h | 1,783.3 | +0.071% | $205K | $786K | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.1244% | 8h | 1,785 | +0.168% | $1.0M | $741K | 50x | as long as short |
tradeXYZ xyz:PLATINUM
edgeX XPTUSDC
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Lighter XPT
Extended XPT-USD
Gate XPT_USDT
Aster XPTUSDT
Variational Omni XPT
Binance XPTUSDT
MEXC XPT_USDT
Bitget XPTUSDT
BloFin XPT-USDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP