Settings8H · net · $10k
Funding arb · Price arb /

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.027%
Price spread now: Bitget against edgeX+0.014%104s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.547% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.014%, 7d avg −0.014%
Together, before fees+0.025%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.028% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XPTUSDC1,820.20.0286pay 0.0143% / 4h3h 57m$40K$283K10x
ShortBitget XPTUSDT1,820.50.0390get 0.0195% / 4h3h 57m$1.3M$334K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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

Funding earned
$21.79
Price spread: +0.014% → −0.014%
$2.79
Slippage, 4 orders
−$33.72
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$30.14
Costs to cover
0.547%
Break-even
16.7 days
Slippage from edgeX: live order book, 15 min ago; Bitget: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 15 min ago8.84 bp14.1 bp −$14135.7 bp −$1,357doesn't fitdoesn't fit
Sell Bitget live order book, 9 min ago2.31 bp11.4 bp −$1137.7 bp −$377doesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,820−0.012%$11K$36K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,818.5−0.094%$233150xas long as short
Vest PL-PERP+0.0046%1h1,819.1−0.061%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,819−0.069%$17K$27K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,822.3+0.114%$202K$19K75xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,821.3+0.058%$31010xas long as short
tradeXYZ xyz:PLATINUM+0.0146%1h1,819.9−0.017%$3.6M$1.1M20xas long as short
Gate XPT_USDT+0.0210%4h1,822.2+0.109%$676K$348K100xas long as short
Injective XPT/USDC PERP+0.0220%1h1,835.4+0.835%$6K$34K52xas long as short
Variational Omni XPT+0.0230%4h1,820.5+0.014%$288K$326Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XPT-USDT+0.0285%4h1,821.4+0.065%$86K$64K100xas long as short
edgeX XPTUSDClong+0.0286%4h1,820.2long leg$40K$283K10x
Extended XPT-USD+0.0304%1h1,818.8−0.076%$206K$453K10xas long as short
MEXC XPT_USDT+0.0304%4h1,820.7+0.027%$24.2M$644K100xas long as short
Binance XPTUSDT+0.0304%4h1,821.2+0.052%$4.3M$3.9M100xas long as short
Aster XPTUSDT+0.0370%4h1,819.2−0.054%$15K$12K20xas long as short
Bitget XPTUSDTshort+0.0390%4h1,820.5+0.014%$1.3M$334K100x
Paradex XPT-USD-PERP+0.0395%8h1,821.2+0.056%$3K5xas long as short
Lighter XPT+0.0520%1h1,821.9+0.093%$360K$15K20xas long as short
GRVT XPT_USDT_Perp+0.0692%4h1,820.8+0.034%$207K$1.1M25xas long as short
OKX XPT-USDT-SWAP+0.0715%8h1,821.4+0.065%$924K$534K50xas long as short