Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.006%

Price spread now: Aevo against Gate−0.028%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.028% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPT_USDT	1,810.3	0.0152	pay 0.0076% / 4h	1h 32m	$698K	$337K	100x
Short	Aevo PLATINUM-PERP	1,809.8	0.0104	get 0.0013% / 1h	32m 22s	$308	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.028%Rate

Funding earned: −$10.08
Price spread: −0.028% → 0.000%: −$2.83
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$43.91
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 49 min ago; Aevo: 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 Gate live order book, 49 min ago	0.25 bp	13.3 bp −$13	37.1 bp −$371	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	1,810.7	+0.021%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,807	−0.184%	$232	—	150x	as long as short
Extended XPT-USD	+0.0032%	1h	1,807.1	−0.176%	$198K	$449K	10x	as long as short
Vest PL-PERP	+0.0046%	1h	1,807.2	−0.172%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,807	−0.183%	$17K	$20K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,809.7	−0.035%	$201K	$25K	75x	as long as short
Aevo PLATINUM-PERPshort	+0.0104%	1h	1,809.8	−0.028%	$308	—	10x
Gate XPT_USDTlong	+0.0152%	4h	1,810.3	long leg	$698K	$337K	100x
Variational Omni XPT	+0.0201%	4h	1,809.8	−0.026%	$283K	$325K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,828.5	+1.006%	$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
tradeXYZ xyz:PLATINUM	+0.0226%	1h	1,807.9	−0.134%	$3.6M	$1.1M	20x	as long as short
BloFin XPT-USDT	+0.0263%	4h	1,809.9	−0.025%	$85K	$63K	100x	as long as short
MEXC XPT_USDT	+0.0274%	4h	1,809.4	−0.052%	$24.1M	$632K	100x	as long as short
Binance XPTUSDT	+0.0277%	4h	1,809.8	−0.031%	$4.3M	$4.2M	100x	as long as short
edgeX XPTUSDC	+0.0296%	4h	1,809.7	−0.032%	$39K	$283K	10x	as long as short
Paradex XPT-USD-PERP	+0.0316%	8h	1,809.8	−0.031%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0362%	4h	1,809.7	−0.036%	$15K	$31K	20x	as long as short
Bitget XPTUSDT	+0.0434%	4h	1,809.3	−0.056%	$1.2M	$318K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0594%	4h	1,809.6	−0.042%	$205K	$1.2M	25x	as long as short
Lighter XPT	+0.0648%	1h	1,811.6	+0.071%	$358K	$20K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0711%	8h	1,810.1	−0.012%	$917K	$522K	50x	as long as short