Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0706%/8h= −77.3% APRpaid last 24h −0.070%

Price spread now: gTrade (Gains Network) against GRVT−0.310%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on gTrade (Gains Network)

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 against this trade now: funding costs −$21 a day on $10k at the current rate, and gTrade (Gains Network) is 0.310% cheaper against GRVT than usual: you would sell low and buy high (−$31 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	GRVT XPT_USDT_Perp	1,811.2	0.0712	pay 0.0356% / 4h	2h 40m	$207K	$985K	25x
Short	gTrade (Gains Network) XPT/USD	1,805.6	L +0.0006% / S −0.0006%	get 0.0001% / 1h	40m 43s	$232	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee GRVTbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.310%Rate

Funding earned: −$148.27
Price spread: −0.310% → 0.000%: −$31.03
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$198.29
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 22 min ago; gTrade (Gains Network): 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 GRVT live order book, 22 min ago	0.03 bp	9.1 bp −$9	9278.6 bp −$92.8K	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	1,809.1	−0.117%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USDshort	L +0.0006% / S −0.0006%	1h	1,805.6	−0.310%	$232	—	150x
Vest PL-PERP	+0.0046%	1h	1,806.1	−0.283%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,808.6	−0.144%	$17K	$25K	10x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,810	−0.065%	$308	—	10x	as long as short
KuCoin XPTUSDTM	+0.0112%	4h	1,810.7	−0.030%	$201K	$17K	75x	as long as short
Extended XPT-USD	+0.0128%	1h	1,806.3	−0.272%	$206K	$615K	10x	as long as short
Gate XPT_USDT	+0.0192%	4h	1,809.7	−0.082%	$637K	$403K	100x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,834	+1.258%	$6K	$34K	52x	as long as short
Variational Omni XPT	+0.0263%	4h	1,809.4	−0.098%	$286K	$227K	—	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	+0.0279%	4h	1,814.9	+0.202%	$85K	$69K	100x	as long as short
tradeXYZ xyz:PLATINUM	+0.0297%	1h	1,808.2	−0.167%	$3.6M	$1.0M	20x	as long as short
edgeX XPTUSDC	+0.0320%	4h	1,811.7	+0.029%	$40K	$281K	10x	as long as short
MEXC XPT_USDT	+0.0322%	4h	1,808.9	−0.128%	$23.8M	$656K	100x	as long as short
Binance XPTUSDT	+0.0340%	4h	1,810.1	−0.063%	$4.2M	$3.9M	100x	as long as short
Aster XPTUSDT	+0.0347%	4h	1,810	−0.065%	$15K	$10K	20x	as long as short
Paradex XPT-USD-PERP	+0.0390%	8h	1,809.1	−0.119%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0428%	4h	1,808.7	−0.141%	$1.2M	$367K	100x	as long as short
Lighter XPT	+0.0624%	1h	1,810.7	−0.029%	$358K	$14K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0689%	8h	1,810.2	−0.056%	$907K	$518K	50x	as long as short
GRVT XPT_USDT_Perplong	+0.0712%	4h	1,811.2	long leg	$207K	$985K	25x