Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0646%/8h= −70.7% APRpaid last 24h −0.119%

Price spread now: Injective against GRVT+0.883%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Injective is 0.883% dearer against GRVT than usual: you sell high and buy low (spread +0.883% now, against zero (this spread has no 7-day history yet)): +$88 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XPT_USDT_Perp	1,787.6	0.0866	pay 0.0433% / 4h	38m 31s	$205K	$783K	25x
Short	Injective XPT/USDC PERP	1,803.4	0.0220	get 0.0028% / 1h	38m 31s	$6K	$34K	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.883%Rate

Funding earned: −$135.66
Price spread: +0.883% → 0.000%: $88.28
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$56.4
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: GRVT: live order book, 59 min ago; Injective: 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, 59 min ago	0.03 bp	9.0 bp −$9	8971.7 bp −$89.7K	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	1,787.1	−0.028%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,783.7	−0.222%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,784.2	−0.193%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,785.5	−0.120%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,784.7	−0.165%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,787.2	−0.026%	$239K	$40K	75x	as long as short
Injective XPT/USDC PERPshort	+0.0220%	1h	1,803.4	+0.883%	$6K	$34K	52x
Lighter XPT	+0.0312%	1h	1,787.7	+0.003%	$356K	$24K	20x	as long as short
Paradex XPT-USD-PERP	+0.0326%	8h	1,787.4	−0.013%	$3K	—	5x	as long as short
Aevo PLATINUM-PERP	+0.0448%	1h	1,786.5	−0.063%	$304	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0607%	4h	1,785.5	−0.121%	$15K	$10K	20x	as long as short
Gate XPT_USDT	+0.0636%	4h	1,788.3	+0.039%	$700K	$541K	100x	as long as short
BloFin XPT-USDT	+0.0650%	4h	1,786.3	−0.078%	$96K	$69K	100x	as long as short
Variational Omni XPT	+0.0663%	4h	1,788.3	+0.038%	$236K	$206K	—	as long as short
Binance XPTUSDT	+0.0685%	4h	1,787.5	−0.011%	$4.7M	$5.0M	100x	as long as short
MEXC XPT_USDT	+0.0692%	4h	1,786.4	−0.068%	$23.3M	$651K	100x	as long as short
Extended XPT-USD	+0.0696%	1h	1,784.5	−0.177%	$154K	$699K	10x	as long as short
edgeX XPTUSDC	+0.0700%	4h	1,787.5	−0.010%	$39K	$281K	10x	as long as short
Bitget XPTUSDT	+0.0746%	4h	1,785.4	−0.129%	$1.4M	$495K	100x	as long as short
GRVT XPT_USDT_Perplong	+0.0866%	4h	1,787.6	long leg	$205K	$783K	25x
OKX XPT-USDT-SWAP	+0.1118%	8h	1,786.1	−0.087%	$1.0M	$747K	50x	as long as short