Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h −0.012%

Price spread now: OKX against GRVT+0.111%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$410.412% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.136%−$14 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.111%, 7d avg +0.044%

Together, before fees−0.235%+ Points / potential airdropGRVT: Active · farm board−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.067% dearer against GRVT than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.136%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XPT_USDT_Perp	1,790.9	0.0224	pay 0.0112% / 4h	47m 22s	$207K	$794K	25x
Short	OKX XPT-USDT-SWAP	1,792.9	0.0390	get 0.0390% / 8h	4h 47m	$917K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.111%Rate

Funding earned: $34.77
Price spread: +0.111% → +0.044%: $6.72
Slippage, 4 orders: −$22.21
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: $0.28
Costs to cover: 0.412%
Break-even: 6.9 days

Slippage from GRVT: live order book, 58 min ago; OKX: live order book, 2 min ago.

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, 58 min ago	0.03 bp	11.7 bp −$12	9801.4 bp −$98.0K	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.28 bp	11.2 bp −$11	26.2 bp −$262	doesn't fit	doesn't fit

XPT on 21 exchanges

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
edgeX XPTUSDC	−0.0010%	4h	1,791.8	+0.049%	$39K	$282K	10x	as long as short
Aster XPTUSDT	0.0000%	4h	1,792.8	+0.105%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,792.5	+0.086%	$4.7M	$6.1M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,792.4	+0.081%	$23.0M	$723K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,794.3	+0.188%	$252K	$187K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,791.1	+0.008%	$10K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,789.3	−0.089%	$230	—	150x	as long as short
Injective XPT/USDC PERP	+0.0033%	1h	1,811.1	+1.129%	$6K	$34K	52x	as long as short
Vest PL-PERP	+0.0046%	1h	1,788.3	−0.146%	—	—	25x	as long as short
BloFin XPT-USDT	+0.0057%	4h	1,791.2	+0.016%	$88K	$77K	100x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PLATINUM	+0.0100%	1h	1,790	−0.049%	$13K	$34K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,792.6	+0.096%	$236K	$41K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,790.6	−0.019%	$304	—	10x	as long as short
Bitget XPTUSDT	+0.0108%	4h	1,791.9	+0.053%	$1.4M	$717K	100x	as long as short
Gate XPT_USDT	+0.0110%	4h	1,792.9	+0.111%	$644K	$603K	100x	as long as short
tradeXYZ xyz:PLATINUM	+0.0145%	1h	1,790.2	−0.040%	$3.4M	$1.1M	20x	as long as short
Paradex XPT-USD-PERP	+0.0192%	8h	1,791.9	+0.053%	$3K	—	5x	as long as short
Extended XPT-USD	+0.0200%	1h	1,789.4	−0.084%	$160K	$686K	10x	as long as short
GRVT XPT_USDT_Perplong	+0.0224%	4h	1,790.9	long leg	$207K	$794K	25x
OKX XPT-USDT-SWAPshort	+0.0390%	8h	1,792.9	+0.111%	$917K	$1.1M	50x
Lighter XPT	+0.0544%	1h	1,793.4	+0.139%	$358K	$53K	20x	as long as short