Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h +0.018%

Price spread now: KuCoin against Aevo+0.025%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on KuCoin

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—needs both histories

The price spread pays, funding is against you. KuCoin is 0.025% dearer against Aevo than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PLATINUM-PERP	1,787.9	0.0440	pay 0.0055% / 1h	37m 12s	$304	—	10x
Short	KuCoin XPTUSDTM	1,788.3	0.0100	get 0.0050% / 4h	37m 12s	$239K	$40K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$71.4
Price spread: +0.025% → 0.000%: $2.51
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$96.89
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 64 min ago. 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 KuCoin live order book, 64 min ago	9.16 bp	23.0 bp −$23	197.9 bp −$1,979	doesn't fit	doesn't fit

Aevo: 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	1,784.2	−0.206%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,784.9	−0.166%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,784.8	−0.171%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,786.1	−0.098%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,785.4	−0.137%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTMshort	+0.0100%	4h	1,788.3	+0.025%	$239K	$40K	75x
Injective XPT/USDC PERP	+0.0220%	1h	1,803.4	+0.871%	$6K	$34K	52x	as long as short
Lighter XPT	+0.0312%	1h	1,788.7	+0.047%	$356K	$24K	20x	as long as short
Paradex XPT-USD-PERP	+0.0324%	8h	1,788	+0.007%	$3K	—	5x	as long as short
Aevo PLATINUM-PERPlong	+0.0440%	1h	1,787.9	long leg	$304	—	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0607%	4h	1,785.9	−0.112%	$15K	$10K	20x	as long as short
Gate XPT_USDT	+0.0634%	4h	1,789	+0.065%	$701K	$541K	100x	as long as short
Variational Omni XPT	+0.0663%	4h	1,788.3	+0.027%	$236K	$206K	—	as long as short
Binance XPTUSDT	+0.0675%	4h	1,787.8	−0.003%	$4.7M	$5.0M	100x	as long as short
MEXC XPT_USDT	+0.0684%	4h	1,787	−0.049%	$23.3M	$651K	100x	as long as short
edgeX XPTUSDC	+0.0693%	4h	1,786.5	−0.073%	$39K	$281K	10x	as long as short
Extended XPT-USD	+0.0696%	1h	1,785.3	−0.142%	$154K	$699K	10x	as long as short
BloFin XPT-USDT	+0.0731%	4h	1,787.9	+0.004%	$96K	$69K	100x	as long as short
Bitget XPTUSDT	+0.0740%	4h	1,785.7	−0.119%	$1.4M	$495K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0858%	4h	1,786.2	−0.092%	$205K	$783K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1112%	8h	1,787.6	−0.014%	$1.0M	$748K	50x	as long as short