Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0881%/8h= −96.5% APRpaid last 24h −0.077%

Price spread now: gTrade (Gains Network) against edgeX−0.033%68s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and gTrade (Gains Network) is 0.033% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 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	edgeX XPTUSDC	1,781.9	0.0887	pay 0.0444% / 4h	59m 49s	$39K	$282K	10x
Short	gTrade (Gains Network) XPT/USD	1,781.4	L +0.0006% / S −0.0006%	get 0.0001% / 1h	59m 49s	$229	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee edgeXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.033%Rate

Funding earned: −$185.03
Price spread: −0.033% → 0.000%: −$3.34
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$207.37
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 43 min ago; gTrade (Gains Network): 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 edgeX live order book, 43 min ago	7.65 bp	12.8 bp −$13	131.9 bp −$1,319	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	1,785.4	+0.194%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDshort	L +0.0006% / S −0.0006%	1h	1,781.4	−0.033%	$229	—	150x
Vest PL-PERP	+0.0046%	1h	1,781	−0.053%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,781.8	−0.008%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,781	−0.056%	$13K	$29K	10x	as long as short
KuCoin XPTUSDTM	+0.0216%	4h	1,783.8	+0.105%	$238K	$42K	75x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,802.2	+1.137%	$6K	$34K	52x	as long as short
Paradex XPT-USD-PERP	+0.0405%	8h	1,783.4	+0.083%	$3K	—	5x	as long as short
Aevo PLATINUM-PERP	+0.0488%	1h	1,784.5	+0.145%	$303	—	10x	as long as short
Lighter XPT	+0.0576%	1h	1,784.7	+0.155%	$355K	$23K	20x	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	+0.0660%	4h	1,785.4	+0.192%	$714K	$541K	100x	as long as short
Extended XPT-USD	+0.0720%	1h	1,781.7	−0.016%	$204K	$632K	10x	as long as short
Aster XPTUSDT	+0.0777%	4h	1,783.9	+0.108%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0817%	4h	1,783.4	+0.081%	$263K	$185K	—	as long as short
Binance XPTUSDT	+0.0852%	4h	1,783.7	+0.099%	$4.6M	$5.0M	100x	as long as short
MEXC XPT_USDT	+0.0860%	4h	1,784.1	+0.120%	$23.3M	$653K	100x	as long as short
edgeX XPTUSDClong	+0.0887%	4h	1,781.9	long leg	$39K	$282K	10x
Bitget XPTUSDT	+0.0904%	4h	1,783.5	+0.088%	$1.4M	$504K	100x	as long as short
BloFin XPT-USDT	+0.0909%	4h	1,783.4	+0.082%	$96K	$69K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0988%	4h	1,783.2	+0.073%	$204K	$779K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1181%	8h	1,784.6	+0.149%	$1.0M	$741K	50x	as long as short