Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0806%/8h= −88.3% APRpaid last 24h −0.045%

Price spread now: Aevo against MEXC+0.150%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Aevo

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—needs both histories

The price spread pays, funding is against you. Aevo is 0.150% dearer against MEXC than usual: you sell high and buy low (spread +0.150% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XPT_USDT	1,789.6	0.1318	pay 0.0659% / 4h	2h 29m	$23.5M	$608K	100x
Short	Aevo PLATINUM-PERP	1,792.3	0.0512	get 0.0064% / 1h	29m 55s	$305	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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 MEXCbpFee AevobpOrdersPrice spread, now +0.150%Rate

Funding earned: −$169.26
Price spread: +0.150% → 0.000%: $14.98
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$170.28
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Aevo: 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 MEXC live order book, 4 min ago	4.30 bp	4.3 bp −$4	6.4 bp −$64	59.7 bp −$5,967	252.6 bp −$126.3K
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	1,789.1	−0.027%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,787.5	−0.113%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,788.2	−0.077%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,789.8	+0.011%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.8	+1.356%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERPshort	+0.0512%	1h	1,792.3	+0.150%	$305	—	10x
tradeXYZ xyz:PLATINUM	+0.0543%	1h	1,789.6	+0.002%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0794%	4h	1,791.9	+0.128%	$248K	$40K	75x	as long as short
Paradex XPT-USD-PERP	+0.0813%	8h	1,791.6	+0.113%	$3K	—	5x	as long as short
Gate XPT_USDT	+0.0892%	4h	1,793.3	+0.210%	$723K	$518K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.1064%	1h	1,792.7	+0.175%	$354K	$19K	20x	as long as short
Aster XPTUSDT	+0.1264%	4h	1,789.3	−0.015%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.1269%	4h	1,790.7	+0.066%	$271K	$194K	—	as long as short
edgeX XPTUSDC	+0.1300%	4h	1,790.9	+0.074%	$39K	$283K	10x	as long as short
MEXC XPT_USDTlong	+0.1318%	4h	1,789.6	long leg	$23.5M	$608K	100x
OKX XPT-USDT-SWAP	+0.1319%	8h	1,792	+0.136%	$997K	$675K	50x	as long as short
Binance XPTUSDT	+0.1319%	4h	1,791.3	+0.097%	$4.5M	$4.4M	100x	as long as short
Bitget XPTUSDT	+0.1348%	4h	1,790.9	+0.072%	$1.4M	$497K	100x	as long as short
BloFin XPT-USDT	+0.1349%	4h	1,790.3	+0.038%	$91K	$68K	100x	as long as short
Extended XPT-USD	+0.1352%	1h	1,787.2	−0.133%	$206K	$628K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1674%	4h	1,790.1	+0.029%	$206K	$810K	25x	as long as short