Funding you earn now, next payment 03:00 UTC+0.0415%/8h= +45.5% APRpaid last 24h +0.098%
Price spread now: OKX against tradeXYZ+0.134%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.134%, 7d avg +0.147%
=Together, before fees+0.140%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.147%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.111% in total (about 5.8% 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 | 1,796.5 | 0.0475 | pay 0.0059% / 1h | 0m 58s | $3.6M | $979K | 20x |
| Short | OKX XPT-USDT-SWAP | 1,798.9 | 0.0890 | get 0.0890% / 8h | 5h 00m | $938K | $561K | 50x |
tradeXYZ xyz:PLATINUM
OKX XPT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $87.17
- Price spread: +0.134% → +0.147%
- −$1.37
- Slippage, 4 orders
- −$17.87
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $39.93
- Costs to cover
- 0.459%
- Break-even
- 3.8 days
Slippage from tradeXYZ: live order book, 7 min ago; OKX: live order book, 60 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, 7 min ago | 1.95 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 60 min ago | 0.28 bp | 9.1 bp −$9 | 26.4 bp −$264 | 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 | 1,799 | +0.138% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,794.9 | −0.092% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,795.2 | −0.072% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,797.1 | +0.031% | $13K | $28K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,798.5 | +0.110% | $306 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,820.4 | +1.333% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0400% | 4h | 1,798.9 | +0.133% | $638K | $438K | 100x | as long as short |
| tradeXYZ xyz:PLATINUMlong | +0.0475% | 1h | 1,796.5 | long leg | $3.6M | $979K | 20x | |
| KuCoin XPTUSDTM | +0.0580% | 4h | 1,799.9 | +0.190% | $201K | $17K | 75x | as long as short |
| Aster XPTUSDT | +0.0665% | 4h | 1,796.9 | +0.023% | $14K | $10K | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
Gate XPT_USDT
KuCoin XPTUSDTM
Aster XPTUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | +0.0678% | 4h | 1,798.1 | +0.091% | $280K | $214K | — | as long as short |
| Paradex XPT-USD-PERP | +0.0693% | 8h | 1,798.5 | +0.111% | $3K | — | 5x | as long as short |
| MEXC XPT_USDT | +0.0736% | 4h | 1,797.8 | +0.071% | $23.6M | $657K | 100x | as long as short |
| Binance XPTUSDT | +0.0739% | 4h | 1,798.1 | +0.090% | $4.3M | $3.8M | 100x | as long as short |
| edgeX XPTUSDC | +0.0743% | 4h | 1,798.5 | +0.112% | $39K | $283K | 10x | as long as short |
| Extended XPT-USD | +0.0776% | 1h | 1,794.7 | −0.098% | $204K | $619K | 10x | as long as short |
| BloFin XPT-USDT | +0.0789% | 4h | 1,798.7 | +0.123% | $89K | $68K | 100x | as long as short |
| Bitget XPTUSDT | +0.0840% | 4h | 1,797.7 | +0.065% | $1.3M | $389K | 100x | as long as short |
| Lighter XPT | +0.0872% | 1h | 1,800 | +0.195% | $356K | $15K | 20x | as long as short |
| OKX XPT-USDT-SWAPshort | +0.0890% | 8h | 1,798.9 | +0.134% | $938K | $561K | 50x | |
| GRVT XPT_USDT_Perp | +0.1160% | 4h | 1,797.8 | +0.073% | $205K | $829K | 25x | as long as short |
Variational Omni XPT
Paradex XPT-USD-PERP
MEXC XPT_USDT
Binance XPTUSDT
edgeX XPTUSDC
Extended XPT-USD
BloFin XPT-USDT
Bitget XPTUSDT
Lighter XPT
GRVT XPT_USDT_Perp