Funding arb · Price arb /

XPT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.009%

Price spread now: KuCoin against Extended+0.077%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$610.607% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.077%, 7d avg +0.040%

Together, before fees+0.054%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.037% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPT-USD	1,814.5	0.0032	pay 0.0004% / 1h	17m 08s	$207K	$454K	10x
Short	KuCoin XPTUSDTM	1,815.9	0.0100	get 0.0050% / 4h	17m 08s	$202K	$19K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.077%Rate

Funding earned: $14.28
Price spread: +0.077% → +0.040%: $3.67
Slippage, 4 orders: −$43.68
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$42.72
Costs to cover: 0.607%
Break-even: 27.9 days

Slippage from Extended: live order book, 61 min ago; KuCoin: live order book, 37 min ago.

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 Extended live order book, 61 min ago	0.55 bp	6.1 bp −$6	35.9 bp −$359	doesn't fit	doesn't fit
Sell KuCoin live order book, 37 min ago	7.90 bp	27.2 bp −$27	206.1 bp −$2,061	doesn't fit	doesn't fit

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	1,818.1	+0.196%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,814.4	−0.007%	$233	—	150x	as long as short
Extended XPT-USDlong	+0.0032%	1h	1,814.5	long leg	$207K	$454K	10x
Vest PL-PERP	+0.0046%	1h	1,815.2	+0.037%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0087%	1h	1,815.8	+0.070%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,814.2	−0.016%	$17K	$23K	10x	as long as short
KuCoin XPTUSDTMshort	+0.0100%	4h	1,815.9	+0.077%	$202K	$19K	75x
Aevo PLATINUM-PERP	+0.0104%	1h	1,817.4	+0.157%	$309	—	10x	as long as short
Variational Omni XPT	+0.0175%	4h	1,816.8	+0.128%	$287K	$329K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,833.9	+1.070%	$6K	$34K	52x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPT-USDT	+0.0222%	4h	1,817.5	+0.162%	$86K	$64K	100x	as long as short
Gate XPT_USDT	+0.0238%	4h	1,818.3	+0.208%	$678K	$351K	100x	as long as short
MEXC XPT_USDT	+0.0248%	4h	1,815.2	+0.036%	$24.1M	$646K	100x	as long as short
edgeX XPTUSDC	+0.0248%	4h	1,816.9	+0.132%	$40K	$283K	10x	as long as short
Binance XPTUSDT	+0.0255%	4h	1,817.9	+0.183%	$4.3M	$4.1M	100x	as long as short
Paradex XPT-USD-PERP	+0.0316%	8h	1,817.9	+0.186%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0317%	4h	1,816.4	+0.102%	$15K	$12K	20x	as long as short
Bitget XPTUSDT	+0.0334%	4h	1,817.3	+0.153%	$1.2M	$338K	100x	as long as short
Lighter XPT	+0.0448%	1h	1,818.4	+0.213%	$360K	$19K	20x	as long as short
GRVT XPT_USDT_Perp	+0.0610%	4h	1,817.5	+0.162%	$207K	$1.1M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0708%	8h	1,818.6	+0.224%	$918K	$524K	50x	as long as short