Funding you earn now, next payment 02:00 UTC+0.0230%/8h= +25.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against tradeXYZ+0.026%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.385% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.026%, 7d avg +0.052%
=Together, before fees−0.046%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.027% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.052%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.29 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 | tradeXYZ xyz:PLATINUM | 1,802.5 | 0.0242 | pay 0.0030% / 1h | 14m 09s | $3.6M | $981K | 20x |
| Short | Extended XPT-USD | 1,803 | 0.0472 | get 0.0059% / 1h | 14m 09s | $203K | $614K | 10x |
tradeXYZ xyz:PLATINUM
Extended XPT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $48.38
- Price spread: +0.026% → +0.052%
- −$2.68
- Slippage, 4 orders
- −$15.47
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $7.23
- Costs to cover
- 0.385%
- Break-even
- 6.0 days
Slippage from tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 0.83 bp | 12.5 bp −$12 | doesn't fit | 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 | +0.191% | $11K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,802.5 | +0.001% | $231 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,803.2 | +0.039% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,803.1 | +0.033% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,806 | +0.193% | $307 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,824.7 | +1.233% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUMlong | +0.0242% | 1h | 1,802.5 | long leg | $3.6M | $981K | 20x | |
| KuCoin XPTUSDTM | +0.0254% | 4h | 1,806 | +0.195% | $201K | $17K | 75x | as long as short |
| Gate XPT_USDT | +0.0274% | 4h | 1,806 | +0.196% | $631K | $422K | 100x | as long as short |
| Variational Omni XPT | +0.0402% | 4h | 1,806.1 | +0.198% | $281K | $232K | — | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
KuCoin XPTUSDTM
Gate XPT_USDT
Variational Omni XPTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0450% | 4h | 1,805.9 | +0.186% | $14K | $10K | 20x | as long as short |
| edgeX XPTUSDC | +0.0463% | 4h | 1,806.5 | +0.221% | $39K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.0468% | 4h | 1,803.9 | +0.077% | $23.7M | $658K | 100x | as long as short |
| Binance XPTUSDT | +0.0469% | 4h | 1,805.4 | +0.161% | $4.2M | $3.8M | 100x | as long as short |
| Extended XPT-USDshort | +0.0472% | 1h | 1,803 | +0.026% | $203K | $614K | 10x | |
| Paradex XPT-USD-PERP | +0.0504% | 8h | 1,804.8 | +0.126% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0552% | 4h | 1,804.9 | +0.134% | $1.2M | $372K | 100x | as long as short |
| Lighter XPT | +0.0712% | 1h | 1,805.9 | +0.189% | $357K | $15K | 20x | as long as short |
| OKX XPT-USDT-SWAP | +0.0721% | 8h | 1,805.7 | +0.178% | $905K | $508K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.0948% | 4h | 1,806.9 | +0.245% | $206K | $964K | 25x | as long as short |
Aster XPTUSDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT
Lighter XPT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp