Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h +0.046%

Price spread now: Paradex against Extended+0.259%7-day average — · you sell dearer than you buy

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

Long on Extended 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 airdropExtended: Active · Paradex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.259% dearer against Extended than usual: you sell high and buy low (spread +0.259% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPT-USD	1,794.1	0.0768	pay 0.0096% / 1h	5m 05s	$204K	$619K	10x
Short	Paradex XPT-USD-PERP	1,798.8	0.0679	get 0.0679% / 8h	5h 05m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.259%Rate

Funding earned: −$18.65
Price spread: +0.259% → 0.000%: $25.92
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$1.73
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Extended: live order book, 58 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 Extended live order book, 58 min ago	1.39 bp	12.1 bp −$12	60.7 bp −$607	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	1,799	+0.272%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,795	+0.051%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,795.6	+0.084%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,797.5	+0.188%	$13K	$28K	10x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,798.7	+0.255%	$306	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,820.4	+1.468%	$6K	$34K	52x	as long as short
Gate XPT_USDT	+0.0396%	4h	1,799.6	+0.304%	$638K	$437K	100x	as long as short
tradeXYZ xyz:PLATINUM	+0.0486%	1h	1,795.9	+0.100%	$3.6M	$979K	20x	as long as short
KuCoin XPTUSDTM	+0.0564%	4h	1,799.7	+0.309%	$201K	$17K	75x	as long as short
Aster XPTUSDT	+0.0659%	4h	1,796.8	+0.149%	$14K	$10K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XPT	+0.0671%	4h	1,798.3	+0.235%	$280K	$215K	—	as long as short
Paradex XPT-USD-PERPshort	+0.0679%	8h	1,798.8	+0.259%	$3K	—	5x
MEXC XPT_USDT	+0.0730%	4h	1,797.5	+0.187%	$23.6M	$657K	100x	as long as short
Binance XPTUSDT	+0.0733%	4h	1,797.8	+0.208%	$4.3M	$3.8M	100x	as long as short
BloFin XPT-USDT	+0.0734%	4h	1,798.8	+0.261%	$89K	$68K	100x	as long as short
edgeX XPTUSDC	+0.0739%	4h	1,797.7	+0.199%	$39K	$282K	10x	as long as short
Extended XPT-USDlong	+0.0768%	1h	1,794.1	long leg	$204K	$619K	10x
Bitget XPTUSDT	+0.0826%	4h	1,797.2	+0.173%	$1.3M	$389K	100x	as long as short
Lighter XPT	+0.0872%	1h	1,798.9	+0.268%	$355K	$15K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0881%	8h	1,800	+0.329%	$939K	$564K	50x	as long as short
GRVT XPT_USDT_Perp	+0.1148%	4h	1,797.5	+0.191%	$205K	$829K	25x	as long as short