Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0639%/8h= +70.0% APRpaid last 24h +0.080%

Price spread now: Paradex against gTrade (Gains Network)+0.178%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 Paradex

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 airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Paradex is 0.178% 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	1,797.2	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	27m 39s	$231	—	150x
Short	Paradex XPT-USD-PERP	1,800.4	0.0645	get 0.0645% / 8h	5h 27m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.178%Rate

Funding earned: $134.21
Price spread: +0.178% → 0.000%: $17.81
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $138.02
Costs to cover: 0.140%
Break-even: from the start

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

gTrade (Gains Network) and 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	1,801.7	+0.250%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDlong	L +0.0006% / S −0.0006%	1h	1,797.2	long leg	$231	—	150x
Vest PL-PERP	+0.0046%	1h	1,797.8	+0.034%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,797	−0.010%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,800.5	+0.183%	$306	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,816	+1.048%	$6K	$34K	52x	as long as short
Gate XPT_USDT	+0.0398%	4h	1,801.2	+0.221%	$637K	$431K	100x	as long as short
KuCoin XPTUSDTM	+0.0442%	4h	1,799.4	+0.124%	$201K	$17K	75x	as long as short
tradeXYZ xyz:PLATINUM	+0.0484%	1h	1,798.7	+0.085%	$3.6M	$977K	20x	as long as short
Variational Omni XPT	+0.0602%	4h	1,800.7	+0.196%	$280K	$227K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0606%	4h	1,799.1	+0.105%	$14K	$10K	20x	as long as short
Paradex XPT-USD-PERPshort	+0.0645%	8h	1,800.4	+0.178%	$3K	—	5x
MEXC XPT_USDT	+0.0662%	4h	1,799.3	+0.120%	$23.7M	$656K	100x	as long as short
Binance XPTUSDT	+0.0664%	4h	1,800.9	+0.205%	$4.3M	$3.8M	100x	as long as short
edgeX XPTUSDC	+0.0672%	4h	1,799.2	+0.110%	$39K	$283K	10x	as long as short
BloFin XPT-USDT	+0.0711%	4h	1,799.5	+0.127%	$85K	$68K	100x	as long as short
Extended XPT-USD	+0.0736%	1h	1,797.3	+0.004%	$199K	$616K	10x	as long as short
Bitget XPTUSDT	+0.0752%	4h	1,799.6	+0.135%	$1.3M	$392K	100x	as long as short
OKX XPT-USDT-SWAP	+0.0814%	8h	1,800.7	+0.196%	$899K	$525K	50x	as long as short
Lighter XPT	+0.0848%	1h	1,801.7	+0.252%	$357K	$15K	20x	as long as short
GRVT XPT_USDT_Perp	+0.1128%	4h	1,800.7	+0.195%	$205K	$846K	25x	as long as short