Settings8H · net · $10k
Funding arb · Price arb /

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0344%/8h= −37.6% APRnext payment $1.72 per $10,000 · paid last 24h −0.014%
Price spread now: BloFin against GRVT−0.032%102s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.228%−$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.032% cheaper against GRVT 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. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.228% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XPT_USDT_Perp1,807.40.0584pay 0.0292% / 4h2h 03m$207K$1.2M25x
ShortBloFin XPT-USDT1,806.80.0240get 0.0120% / 4h2h 03m$86K$63K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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

Funding earned
−$72.14
Price spread: −0.032% → 0.000%
−$3.17
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$96.31
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 5 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 5 min ago0.33 bp10.6 bp −$118692.9 bp −$86.9Kdoesn't fitdoesn't fit
Sell BloFin no order-book sample
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 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,807.9+0.028%$11K$36K30xas long as short
Extended XPT-USD+0.0032%1h1,806.5−0.049%$199K$454K10xas long as short
Vest PL-PERP+0.0046%1h1,805.5−0.105%$5025xas long as short
Gate XPT_USDT+0.0052%4h1,808.6+0.067%$699K$431K100xas long as short
Lighter XPT+0.0056%1h1,808.7+0.072%$358K$21K20xas long as short
Pacifica PLATINUM+0.0100%1h1,806.7−0.038%$17K$20K10xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,807.7+0.016%$30710xas long as short
KuCoin XPTUSDTM+0.0114%4h1,807.3−0.007%$201K$54K75xas long as short
tradeXYZ xyz:PLATINUM+0.0130%1h1,806.3−0.060%$3.6M$1.4M20xas long as short
Injective XPT/USDC PERP+0.0220%1h1,826.4+1.051%$6K$34K52xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPT+0.0238%4h1,807.8+0.022%$283K$329Kas long as short
BloFin XPT-USDTshort+0.0240%4h1,806.8−0.032%$86K$63K100x
Binance XPTUSDT+0.0274%4h1,807.7+0.018%$4.3M$4.4M100xas long as short
MEXC XPT_USDT+0.0280%4h1,807.9+0.027%$24.1M$633K100xas long as short
Paradex XPT-USD-PERP+0.0290%8h1,807.8+0.024%$3K5xas long as short
edgeX XPTUSDC+0.0305%4h1,807.7+0.018%$39K$283K10xas long as short
Aster XPTUSDT+0.0378%4h1,807.8+0.022%$15K$31K20xas long as short
Bitget XPTUSDT+0.0472%4h1,807.3−0.003%$1.2M$425K100xas long as short
GRVT XPT_USDT_Perplong+0.0584%4h1,807.4long leg$207K$1.2M25x
OKX XPT-USDT-SWAP+0.0705%8h1,808.1+0.039%$922K$640K50xas long as short