Funding arb · Price arb /

XPT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0259%/8h= +28.4% APRpaid last 24h −0.008%

Price spread now: Aster against Aevo−0.108%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.108% cheaper against Aevo than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 33 hours of funding at the current rate (+$8 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PLATINUM-PERP	1,819.8	0.0104	pay 0.0013% / 1h	1m 34s	$309	—	10x
Short	Aster XPTUSDT	1,817.9	0.0363	get 0.0182% / 4h	1m 34s	$15K	$12K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee AsterbpOrdersPrice spread, now −0.108%Rate

Funding earned: $54.49
Price spread: −0.108% → 0.000%: −$10.81
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: $19.68
Costs to cover: 0.240%
Break-even: 4.5 days

Slippage unknown: Aevo: no order-book sample; Aster: no order-book sample. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Aevo and Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,819	−0.046%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,816.4	−0.186%	$233	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,818	−0.101%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,817.6	−0.121%	$17K	$23K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,818	−0.101%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERPlong	+0.0104%	1h	1,819.8	long leg	$309	—	10x
tradeXYZ xyz:PLATINUM	+0.0133%	1h	1,819	−0.046%	$3.6M	$1.1M	20x	as long as short
Variational Omni XPT	+0.0217%	4h	1,818.5	−0.071%	$288K	$326K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,835.4	+0.857%	$6K	$34K	52x	as long as short
BloFin XPT-USDT	+0.0257%	4h	1,819	−0.045%	$85K	$64K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XPT_USDT	+0.0266%	4h	1,820	+0.009%	$679K	$353K	100x	as long as short
edgeX XPTUSDC	+0.0279%	4h	1,818.7	−0.062%	$40K	$283K	10x	as long as short
MEXC XPT_USDT	+0.0296%	4h	1,819.2	−0.035%	$24.2M	$647K	100x	as long as short
Binance XPTUSDT	+0.0300%	4h	1,820.6	+0.042%	$4.3M	$4.1M	100x	as long as short
Extended XPT-USD	+0.0328%	1h	1,817.8	−0.114%	$207K	$454K	10x	as long as short
Aster XPTUSDTshort	+0.0363%	4h	1,817.9	−0.108%	$15K	$12K	20x
Bitget XPTUSDT	+0.0386%	4h	1,817.8	−0.110%	$1.2M	$338K	100x	as long as short
Paradex XPT-USD-PERP	+0.0399%	8h	1,820.6	+0.043%	$3K	—	5x	as long as short
Lighter XPT	+0.0528%	1h	1,822.1	+0.125%	$360K	$19K	20x	as long as short
GRVT XPT_USDT_Perp	+0.0680%	4h	1,817.9	−0.108%	$207K	$1.1M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0714%	8h	1,820.8	+0.053%	$919K	$524K	50x	as long as short