Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0209%/8h= −22.8% APRpaid last 24h +0.007%

Price spread now: Paradex against Bitget+0.061%7-day average — · you sell dearer than you buy

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

Long on Bitget 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 pays, funding is against you. Paradex is 0.061% dearer against Bitget than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XPTUSDT	1,798.8	0.0942	pay 0.0471% / 4h	22m 01s	$1.3M	$438K	100x
Short	Paradex XPT-USD-PERP	1,799.9	0.0733	get 0.0733% / 8h	4h 22m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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 BitgetbpFee ParadexbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$43.8
Price spread: +0.061% → 0.000%: $6.09
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$53.71
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago	3.87 bp	13.8 bp −$14	32.6 bp −$326	94.8 bp −$9,481	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	1,799.9	+0.062%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,794.5	−0.235%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,795.4	−0.187%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,797.6	−0.065%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERP	+0.0168%	1h	1,799.7	+0.053%	$306	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.3	+0.808%	$6K	$34K	52x	as long as short
tradeXYZ xyz:PLATINUM	+0.0361%	1h	1,797.3	−0.082%	$3.6M	$996K	20x	as long as short
Gate XPT_USDT	+0.0468%	4h	1,800.8	+0.114%	$733K	$503K	100x	as long as short
KuCoin XPTUSDTM	+0.0662%	4h	1,801	+0.126%	$249K	$40K	75x	as long as short
Paradex XPT-USD-PERPshort	+0.0733%	8h	1,799.9	+0.061%	$3K	—	5x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XPT	+0.0745%	4h	1,799.1	+0.021%	$280K	$210K	—	as long as short
Aster XPTUSDT	+0.0760%	4h	1,799.1	+0.018%	$14K	$9K	20x	as long as short
Extended XPT-USD	+0.0768%	1h	1,794.5	−0.236%	$207K	$617K	10x	as long as short
edgeX XPTUSDC	+0.0809%	4h	1,799.1	+0.016%	$39K	$281K	10x	as long as short
MEXC XPT_USDT	+0.0814%	4h	1,795.6	−0.179%	$23.6M	$645K	100x	as long as short
Binance XPTUSDT	+0.0827%	4h	1,799.5	+0.040%	$4.5M	$4.3M	100x	as long as short
BloFin XPT-USDT	+0.0855%	4h	1,800	+0.068%	$88K	$68K	100x	as long as short
Lighter XPT	+0.0856%	1h	1,800.5	+0.096%	$356K	$15K	20x	as long as short
Bitget XPTUSDTlong	+0.0942%	4h	1,798.8	long leg	$1.3M	$438K	100x
OKX XPT-USDT-SWAP	+0.0978%	8h	1,800.5	+0.096%	$944K	$605K	50x	as long as short
GRVT XPT_USDT_Perp	+0.1178%	4h	1,798.7	−0.003%	$205K	$813K	25x	as long as short