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

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0800%/8h= −87.6% APRpaid last 24h +0.108%
Price spread now: GRVT against Extended+0.152%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.261%+$26 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.152%, 7d avg +0.051%
Together, before fees+0.193%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.101% dearer against Extended than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.051%): +$10 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.261%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XPT-USD1,788.70.1256pay 0.0157% / 1h9m 18s$150K$686K10x
ShortGRVT XPT_USDT_Perp1,791.40.0456get 0.0228% / 4h9m 18s$207K$794K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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
−$168
Price spread: +0.152% → +0.051%
$10.06
Slippage, 4 orders
−$14.05
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$185.99
Costs to cover
0.280%
Break-even
never at this rate
Slippage from Extended: live order book, 31 min ago; GRVT: live order book, 32 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 Extended live order book, 31 min ago0.28 bp5.0 bp −$534.7 bp −$347doesn't fitdoesn't fit
Sell GRVT live order book, 32 min ago0.03 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit

XPT on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPT0.0000%4h1,791.6+0.163%$253K$196Kas long as short
HTX XPT-USDT0.0000%4h1,790.8+0.120%$11K$39K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,788.7+0.003%$229150xas long as short
Injective XPT/USDC PERP+0.0033%1h1,811.1+1.255%$6K$34K52xas long as short
Vest PL-PERP+0.0046%1h1,787.9−0.044%25xas long as short
Aster XPTUSDT+0.0090%4h1,793.2+0.252%$14K$10K20xas long as short
edgeX XPTUSDC+0.0093%4h1,790.9+0.123%$39K$280K10xas long as short
MEXC XPT_USDT+0.0096%4h1,790.5+0.102%$22.9M$731K100xas long as short
Pacifica PLATINUM+0.0100%1h1,788.5−0.009%$13K$34K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,792.7+0.226%$236K$41K75xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XPTUSDT+0.0100%4h1,792.4+0.207%$4.7M$6.1M100xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,792.4+0.205%$30510xas long as short
BloFin XPT-USDT+0.0108%4h1,791.8+0.173%$88K$78K100xas long as short
tradeXYZ xyz:PLATINUM+0.0163%1h1,790.3+0.090%$3.4M$1.2M20xas long as short
Gate XPT_USDT+0.0190%4h1,791.3+0.145%$645K$607K100xas long as short
Bitget XPTUSDT+0.0338%4h1,791.2+0.142%$1.4M$727K100xas long as short
Paradex XPT-USD-PERP+0.0392%8h1,792.3+0.203%$3K5xas long as short
OKX XPT-USDT-SWAP+0.0417%8h1,792.8+0.230%$918K$1.2M50xas long as short
GRVT XPT_USDT_Perpshort+0.0456%4h1,791.4+0.152%$207K$794K25x
Lighter XPT+0.0632%1h1,792.9+0.235%$360K$58K20xas long as short
Extended XPT-USDlong+0.1256%1h1,788.7long leg$150K$686K10x