Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1320%/8h= +144.5% APRpaid last 24h +0.183%

Price spread now: GRVT against gTrade (Gains Network)+0.177%7-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 GRVT

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and GRVT is 0.177% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XPT/USD	1,791.6	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	47m 03s	$230	—	150x
Short	GRVT XPT_USDT_Perp	1,794.8	0.1326	get 0.0663% / 4h	3h 47m	$207K	$810K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.177%Rate

Funding earned: $277.15
Price spread: +0.177% → 0.000%: $17.75
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $275.9
Costs to cover: 0.190%
Break-even: 0.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; GRVT: live order book, 1 min ago. 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 GRVT live order book, 1 min ago	0.03 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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	1,796.9	+0.298%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDlong	L +0.0006% / S −0.0006%	1h	1,791.6	long leg	$230	—	150x
Vest PL-PERP	+0.0046%	1h	1,792.4	+0.046%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,794.1	+0.142%	$13K	$29K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.7	+1.232%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0280%	1h	1,795.7	+0.231%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0429%	1h	1,793.4	+0.102%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0732%	4h	1,794.7	+0.172%	$248K	$40K	75x	as long as short
Gate XPT_USDT	+0.0786%	4h	1,794.6	+0.167%	$730K	$507K	100x	as long as short
Lighter XPT	+0.0832%	1h	1,796.4	+0.269%	$355K	$19K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPT-USD-PERP	+0.0868%	8h	1,795	+0.192%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0979%	4h	1,793.2	+0.092%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.0986%	4h	1,793.7	+0.117%	$280K	$202K	—	as long as short
edgeX XPTUSDC	+0.1029%	4h	1,793.6	+0.114%	$39K	$282K	10x	as long as short
MEXC XPT_USDT	+0.1044%	4h	1,793.8	+0.124%	$23.5M	$599K	100x	as long as short
Binance XPTUSDT	+0.1046%	4h	1,795.6	+0.225%	$4.5M	$4.3M	100x	as long as short
BloFin XPT-USDT	+0.1104%	4h	1,795.9	+0.241%	$88K	$68K	100x	as long as short
OKX XPT-USDT-SWAP	+0.1108%	8h	1,796.1	+0.252%	$951K	$636K	50x	as long as short
Bitget XPTUSDT	+0.1132%	4h	1,794.4	+0.156%	$1.4M	$469K	100x	as long as short
Extended XPT-USD	+0.1192%	1h	1,791.6	+0.001%	$202K	$613K	10x	as long as short
GRVT XPT_USDT_Perpshort	+0.1326%	4h	1,794.8	+0.177%	$207K	$810K	25x