Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.6% APRpaid last 24h +0.040%

Price spread now: Paradex against Aster+0.051%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 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 · Paradex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.051% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XPTUSDT	1,816	0.0294	pay 0.0147% / 4h	3h 36m	$15K	$12K	20x
Short	Paradex XPT-USD-PERP	1,817	0.0317	get 0.0317% / 8h	7h 36m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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 AsterbpFee ParadexbpOrdersPrice spread, now +0.051%Rate

Funding earned: $4.93
Price spread: +0.051% → 0.000%: $5.11
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$1.96
Costs to cover: 0.120%
Break-even: 9.8 days

Slippage unknown: Aster: no order-book sample; Paradex: 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 Aster no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Aster and Paradex: 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	1,816.9	+0.050%	$10K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,814.3	−0.094%	$233	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,814.9	−0.062%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,815.8	−0.012%	$3.6M	$1.1M	20x	as long as short
Extended XPT-USD	+0.0096%	1h	1,814.8	−0.070%	$203K	$487K	10x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,813.9	−0.119%	$17K	$25K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,817.3	+0.072%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,817.1	+0.060%	$309	—	10x	as long as short
Gate XPT_USDT	+0.0174%	4h	1,817.6	+0.086%	$679K	$358K	100x	as long as short
Variational Omni XPT	+0.0189%	4h	1,817	+0.056%	$288K	$326K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XPT/USDC PERP	+0.0220%	1h	2,002.4	+10.262%	$7K	$34K	52x	as long as short
edgeX XPTUSDC	+0.0234%	4h	1,816.4	+0.019%	$40K	$282K	10x	as long as short
MEXC XPT_USDT	+0.0250%	4h	1,814.8	−0.066%	$23.9M	$671K	100x	as long as short
Binance XPTUSDT	+0.0251%	4h	1,817.3	+0.071%	$4.3M	$4.0M	100x	as long as short
Lighter XPT	+0.0288%	1h	1,817.6	+0.087%	$360K	$16K	20x	as long as short
Aster XPTUSDTlong	+0.0294%	4h	1,816	long leg	$15K	$12K	20x
BloFin XPT-USDT	+0.0306%	4h	1,816.5	+0.028%	$86K	$64K	100x	as long as short
Paradex XPT-USD-PERPshort	+0.0317%	8h	1,817	+0.051%	$3K	—	5x
Bitget XPTUSDT	+0.0344%	4h	1,816.1	+0.003%	$1.3M	$328K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0418%	4h	1,816.2	+0.011%	$208K	$1.0M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0697%	8h	1,817.6	+0.087%	$908K	$552K	50x	as long as short