Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0806%/8h= +88.3% APRpaid last 24h +0.045%

Price spread now: MEXC against Aevo−0.150%7-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 MEXC

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

Funding pays, the price is against you. MEXC is 0.150% cheaper against Aevo than usual: you would sell low and buy high (spread −0.150% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 15 hours of funding at the current rate (+$24 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PLATINUM-PERP	1,792.3	0.0512	pay 0.0064% / 1h	29m 50s	$305	—	10x
Short	MEXC XPT_USDT	1,789.6	0.1318	get 0.0659% / 4h	2h 29m	$23.5M	$608K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.150%Rate

Funding earned: $169.26
Price spread: −0.150% → 0.000%: −$14.96
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee MEXC: 0 bp × 2 orders: $0
Net: $138.3
Costs to cover: 0.160%
Break-even: 1.3 days

Slippage unknown: Aevo: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago	4.30 bp	17.5 bp −$17	20.5 bp −$205	37.5 bp −$3,754	206.4 bp −$103.2K

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	1,789.1	−0.176%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,787.5	−0.263%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,788.2	−0.226%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,789.8	−0.139%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.8	+1.204%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERPlong	+0.0512%	1h	1,792.3	long leg	$305	—	10x
tradeXYZ xyz:PLATINUM	+0.0543%	1h	1,789.6	−0.148%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0794%	4h	1,791.9	−0.022%	$248K	$40K	75x	as long as short
Paradex XPT-USD-PERP	+0.0813%	8h	1,791.6	−0.037%	$3K	—	5x	as long as short
Gate XPT_USDT	+0.0892%	4h	1,793.3	+0.060%	$723K	$518K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.1064%	1h	1,792.7	+0.025%	$354K	$19K	20x	as long as short
Aster XPTUSDT	+0.1264%	4h	1,789.3	−0.165%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.1269%	4h	1,790.7	−0.084%	$271K	$194K	—	as long as short
edgeX XPTUSDC	+0.1300%	4h	1,790.9	−0.076%	$39K	$283K	10x	as long as short
MEXC XPT_USDTshort	+0.1318%	4h	1,789.6	−0.150%	$23.5M	$608K	100x
OKX XPT-USDT-SWAP	+0.1319%	8h	1,792	−0.014%	$997K	$675K	50x	as long as short
Binance XPTUSDT	+0.1319%	4h	1,791.3	−0.052%	$4.5M	$4.4M	100x	as long as short
Bitget XPTUSDT	+0.1348%	4h	1,790.9	−0.078%	$1.4M	$497K	100x	as long as short
BloFin XPT-USDT	+0.1349%	4h	1,790.3	−0.112%	$91K	$68K	100x	as long as short
Extended XPT-USD	+0.1352%	1h	1,787.2	−0.283%	$206K	$628K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1674%	4h	1,790.1	−0.121%	$206K	$810K	25x	as long as short