Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h +0.040%

Price spread now: Paradex against edgeX−0.036%7-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 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 airdropedgeX: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.036% cheaper against edgeX than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 39 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XPTUSDC	1,814.9	0.0290	pay 0.0145% / 4h	3h 25m	$40K	$281K	10x
Short	Paradex XPT-USD-PERP	1,814.2	0.0365	get 0.0365% / 8h	7h 25m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.036%Rate

Funding earned: $15.8
Price spread: −0.036% → 0.000%: −$3.63
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$0.82
Costs to cover: 0.130%
Break-even: 7.4 days

Slippage unknown: edgeX: live order book, 47 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 edgeX live order book, 47 min ago	8.84 bp	14.1 bp −$14	135.7 bp −$1,357	doesn't fit	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	1,815.2	+0.016%	$10K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,811.3	−0.199%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,811.7	−0.177%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,810.8	−0.229%	$17K	$25K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,814.8	−0.008%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,814.6	−0.017%	$308	—	10x	as long as short
Extended XPT-USD	+0.0136%	1h	1,811.5	−0.190%	$208K	$510K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0138%	1h	1,813.1	−0.100%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,835.4	+1.129%	$6K	$34K	52x	as long as short
Variational Omni XPT	+0.0223%	4h	1,814.2	−0.038%	$287K	$326K	—	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	+0.0238%	4h	1,815	+0.002%	$679K	$359K	100x	as long as short
MEXC XPT_USDT	+0.0286%	4h	1,811.7	−0.178%	$23.8M	$672K	100x	as long as short
Binance XPTUSDT	+0.0289%	4h	1,814.8	−0.009%	$4.3M	$4.0M	100x	as long as short
edgeX XPTUSDClong	+0.0290%	4h	1,814.9	long leg	$40K	$281K	10x
Aster XPTUSDT	+0.0325%	4h	1,813.1	−0.101%	$15K	$12K	20x	as long as short
BloFin XPT-USDT	+0.0340%	4h	1,814.7	−0.014%	$85K	$64K	100x	as long as short
Paradex XPT-USD-PERPshort	+0.0365%	8h	1,814.2	−0.036%	$3K	—	5x
Bitget XPTUSDT	+0.0384%	4h	1,814.2	−0.040%	$1.3M	$340K	100x	as long as short
Lighter XPT	+0.0432%	1h	1,815.6	+0.038%	$359K	$16K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0707%	8h	1,814.9	0.000%	$907K	$537K	50x	as long as short
GRVT XPT_USDT_Perp	+0.0764%	4h	1,814.9	+0.001%	$208K	$1.0M	25x	as long as short