Funding arb · Price arb /

XPT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.007%

Price spread now: Pacifica against Gate−0.090%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 Pacifica

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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Pacifica is 0.090% cheaper against Gate than usual: you would sell low and buy high (−$9 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	1,816.1	0.0244	pay 0.0122% / 4h	52m 50s	$692K	$340K	100x
Short	Pacifica PLATINUM	1,814.5	0.0100	get 0.0013% / 1h	52m 50s	$17K	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.090%Rate

Funding earned: −$30.24
Price spread: −0.090% → 0.000%: −$8.98
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$62.22
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 23 min ago; Pacifica: 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, 23 min ago	0.19 bp	16.7 bp −$17	32.2 bp −$322	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	1,815.8	−0.017%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,813.2	−0.158%	$233	—	150x	as long as short
Extended XPT-USD	+0.0032%	1h	1,813.3	−0.152%	$207K	$454K	10x	as long as short
Vest PL-PERP	+0.0046%	1h	1,813.7	−0.131%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,813.8	−0.126%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUMshort	+0.0100%	1h	1,814.5	−0.090%	$17K	$20K	10x
KuCoin XPTUSDTM	+0.0100%	4h	1,816.4	+0.018%	$202K	$25K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,815.5	−0.033%	$309	—	10x	as long as short
Variational Omni XPT	+0.0199%	4h	1,814.7	−0.077%	$284K	$325K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,833.1	+0.939%	$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
BloFin XPT-USDT	+0.0225%	4h	1,815.6	−0.026%	$86K	$63K	100x	as long as short
Gate XPT_USDTlong	+0.0244%	4h	1,816.1	long leg	$692K	$340K	100x
edgeX XPTUSDC	+0.0251%	4h	1,815.4	−0.035%	$40K	$282K	10x	as long as short
Binance XPTUSDT	+0.0259%	4h	1,815.4	−0.036%	$4.3M	$4.1M	100x	as long as short
MEXC XPT_USDT	+0.0260%	4h	1,815.1	−0.056%	$24.1M	$644K	100x	as long as short
Paradex XPT-USD-PERP	+0.0298%	8h	1,815.4	−0.035%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0335%	4h	1,814.5	−0.086%	$15K	$31K	20x	as long as short
Bitget XPTUSDT	+0.0370%	4h	1,814.3	−0.101%	$1.2M	$325K	100x	as long as short
Lighter XPT	+0.0376%	1h	1,816.3	+0.012%	$359K	$19K	20x	as long as short
GRVT XPT_USDT_Perp	+0.0600%	4h	1,815.5	−0.035%	$207K	$1.1M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0710%	8h	1,815.9	−0.010%	$918K	$528K	50x	as long as short