Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0071%/8h= +7.7% APRpaid last 24h +0.038%

Price spread now: Paradex against Binance−0.018%7-day average — · you buy dearer than you sell

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

Long on Binance 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 airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPTUSDT	1,816.8	0.0272	pay 0.0136% / 4h	3h 29m	$4.3M	$4.0M	100x
Short	Paradex XPT-USD-PERP	1,816.5	0.0342	get 0.0342% / 8h	7h 29m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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 BinancebpFee ParadexbpOrdersPrice spread, now −0.018%Rate

Funding earned: $14.85
Price spread: −0.018% → 0.000%: −$1.81
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$0.96
Costs to cover: 0.140%
Break-even: 7.5 days

Slippage unknown: Binance: live order book, 8 min ago; 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 Binance live order book, 8 min ago	0.03 bp	10.1 bp −$10	23.4 bp −$234	123.5 bp −$12.3K	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	1,818.5	+0.094%	$10K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,812.9	−0.215%	$233	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,813.7	−0.172%	—	$50	25x	as long as short
Extended XPT-USD	+0.0088%	1h	1,813	−0.208%	$210K	$493K	10x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,812.9	−0.219%	$17K	$25K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,817	+0.011%	$202K	$19K	75x	as long as short
tradeXYZ xyz:PLATINUM	+0.0101%	1h	1,815.3	−0.084%	$3.6M	$1.1M	20x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,816.5	−0.018%	$309	—	10x	as long as short
Variational Omni XPT	+0.0204%	4h	1,816.6	−0.012%	$288K	$326K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,835.4	+1.022%	$6K	$34K	52x	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	+0.0222%	4h	1,816.7	−0.006%	$679K	$358K	100x	as long as short
MEXC XPT_USDT	+0.0266%	4h	1,815.1	−0.096%	$23.9M	$671K	100x	as long as short
Binance XPTUSDTlong	+0.0272%	4h	1,816.8	long leg	$4.3M	$4.0M	100x
BloFin XPT-USDT	+0.0276%	4h	1,816.9	+0.003%	$86K	$64K	100x	as long as short
edgeX XPTUSDC	+0.0280%	4h	1,816.6	−0.011%	$40K	$283K	10x	as long as short
Aster XPTUSDT	+0.0311%	4h	1,815.2	−0.091%	$15K	$12K	20x	as long as short
Paradex XPT-USD-PERPshort	+0.0342%	8h	1,816.5	−0.018%	$3K	—	5x
Bitget XPTUSDT	+0.0368%	4h	1,815.9	−0.052%	$1.3M	$336K	100x	as long as short
Lighter XPT	+0.0392%	1h	1,817.3	+0.026%	$359K	$16K	20x	as long as short
GRVT XPT_USDT_Perp	+0.0642%	4h	1,816.4	−0.025%	$208K	$1.0M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0704%	8h	1,817.1	+0.015%	$908K	$542K	50x	as long as short