Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0965%/8h= +105.7% APRpaid last 24h +0.086%

Price spread now: BloFin against gTrade (Gains Network)+0.203%70s7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on BloFin

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—needs both histories

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and BloFin is 0.203% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 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	gTrade (Gains Network) XPT/USD	1,780.6	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	26m 59s	$228	—	150x
Short	BloFin XPT-USDT	1,784.2	0.0972	get 0.0486% / 4h	1h 26m	$96K	$69K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BloFinbpOrdersPrice spread, now +0.203%Rate

Funding earned: $202.75
Price spread: +0.203% → 0.000%: $20.27
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $201.02
Costs to cover: 0.220%
Break-even: 0.1 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

gTrade (Gains Network) and BloFin: 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	1,784.4	+0.212%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDlong	L +0.0006% / S −0.0006%	1h	1,780.6	long leg	$228	—	150x
Vest PL-PERP	+0.0046%	1h	1,781.2	+0.032%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,780.6	0.000%	$13K	$29K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0122%	1h	1,781.3	+0.038%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,801.4	+1.166%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0410%	4h	1,783.3	+0.151%	$238K	$42K	75x	as long as short
Paradex XPT-USD-PERP	+0.0491%	8h	1,783.5	+0.162%	$3K	—	5x	as long as short
Aevo PLATINUM-PERP	+0.0512%	1h	1,784.1	+0.196%	$303	—	10x	as long as short
Lighter XPT	+0.0648%	1h	1,784.9	+0.240%	$353K	$18K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XPT-USD	+0.0664%	1h	1,780.6	−0.003%	$201K	$628K	10x	as long as short
Gate XPT_USDT	+0.0738%	4h	1,784.6	+0.225%	$717K	$538K	100x	as long as short
Aster XPTUSDT	+0.0946%	4h	1,783.5	+0.162%	$15K	$10K	20x	as long as short
BloFin XPT-USDTshort	+0.0972%	4h	1,784.2	+0.203%	$96K	$69K	100x
Variational Omni XPT	+0.0984%	4h	1,784.2	+0.198%	$260K	$189K	—	as long as short
Binance XPTUSDT	+0.1014%	4h	1,783.8	+0.176%	$4.5M	$4.8M	100x	as long as short
MEXC XPT_USDT	+0.1016%	4h	1,783.4	+0.158%	$23.3M	$637K	100x	as long as short
edgeX XPTUSDC	+0.1047%	4h	1,784.1	+0.195%	$39K	$283K	10x	as long as short
Bitget XPTUSDT	+0.1058%	4h	1,783.1	+0.138%	$1.4M	$510K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1130%	4h	1,783.9	+0.185%	$205K	$786K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1251%	8h	1,784.8	+0.234%	$1.0M	$741K	50x	as long as short