Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0111%/8h= +12.1% APRpaid last 24h +0.082%

Price spread now: OKX against BloFin+0.074%73s7-day average — · you sell dearer than you buy

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

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.174%+$17 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.074% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPT-USDT	1,800.5	0.0702	pay 0.0351% / 4h	1h 29m	$85K	$68K	100x
Short	OKX XPT-USDT-SWAP	1,801.8	0.0813	get 0.0813% / 8h	5h 29m	$900K	$525K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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 BloFinbpFee OKXbpOrdersPrice spread, now +0.074%Rate

Funding earned: $23.23
Price spread: +0.074% → 0.000%: $7.44
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $8.68
Costs to cover: 0.220%
Break-even: 4.4 days

Slippage unknown: BloFin: no order-book sample; OKX: live order book, 31 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 BloFin no order-book sample	—	—	—	—	—
Sell OKX live order book, 31 min ago	0.28 bp	9.1 bp −$9	26.4 bp −$264	doesn't fit	doesn't fit

BloFin: 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	1,799.7	−0.042%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,798.3	−0.119%	$231	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,798.8	−0.092%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,798	−0.138%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,801.8	+0.074%	$306	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,816	+0.864%	$6K	$34K	52x	as long as short
Gate XPT_USDT	+0.0396%	4h	1,801.4	+0.053%	$637K	$430K	100x	as long as short
KuCoin XPTUSDTM	+0.0452%	4h	1,799.4	−0.059%	$201K	$17K	75x	as long as short
tradeXYZ xyz:PLATINUM	+0.0495%	1h	1,800	−0.026%	$3.6M	$976K	20x	as long as short
Variational Omni XPT	+0.0602%	4h	1,800.7	+0.014%	$280K	$227K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0607%	4h	1,800.3	−0.010%	$14K	$10K	20x	as long as short
MEXC XPT_USDT	+0.0658%	4h	1,800.2	−0.017%	$23.7M	$655K	100x	as long as short
Binance XPTUSDT	+0.0661%	4h	1,801.4	+0.051%	$4.3M	$3.8M	100x	as long as short
Paradex XPT-USD-PERP	+0.0661%	8h	1,801.3	+0.046%	$3K	—	5x	as long as short
edgeX XPTUSDC	+0.0672%	4h	1,799.2	−0.073%	$39K	$283K	10x	as long as short
BloFin XPT-USDTlong	+0.0702%	4h	1,800.5	long leg	$85K	$68K	100x
Bitget XPTUSDT	+0.0752%	4h	1,799.6	−0.047%	$1.3M	$393K	100x	as long as short
Extended XPT-USD	+0.0768%	1h	1,798.3	−0.119%	$199K	$616K	10x	as long as short
OKX XPT-USDT-SWAPshort	+0.0813%	8h	1,801.8	+0.074%	$900K	$525K	50x
Lighter XPT	+0.0864%	1h	1,802.9	+0.136%	$357K	$15K	20x	as long as short
GRVT XPT_USDT_Perp	+0.1134%	4h	1,799.3	−0.063%	$205K	$846K	25x	as long as short