Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.038%

Price spread now: Paradex against MEXC+0.053%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 Paradex

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 airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.053% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XPT_USDT	1,805.8	0.0464	pay 0.0232% / 4h	2h 16m	$23.8M	$657K	100x
Short	Paradex XPT-USD-PERP	1,806.7	0.0514	get 0.0514% / 8h	6h 16m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.053%Rate

Funding earned: $10.51
Price spread: +0.053% → 0.000%: $5.28
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: $11.79
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: MEXC: live order book, 2 min ago; Paradex: 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, 2 min ago	8.50 bp	8.5 bp −$9	11.0 bp −$110	66.9 bp −$6,692	244.2 bp −$122.1K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX XPT-USDT	0.0000%	4h	1,806.8	+0.058%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,803.5	−0.123%	$231	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,804.5	−0.069%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,805.1	−0.036%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,806.7	+0.054%	$307	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,827.4	+1.200%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0248%	4h	1,808	+0.122%	$201K	$17K	75x	as long as short
tradeXYZ xyz:PLATINUM	+0.0250%	1h	1,804.5	−0.069%	$3.6M	$992K	20x	as long as short
Gate XPT_USDT	+0.0272%	4h	1,807.3	+0.085%	$632K	$419K	100x	as long as short
Variational Omni XPT	+0.0395%	4h	1,807.3	+0.083%	$281K	$232K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0452%	4h	1,806.9	+0.063%	$14K	$10K	20x	as long as short
edgeX XPTUSDC	+0.0463%	4h	1,806.5	+0.041%	$39K	$283K	10x	as long as short
Extended XPT-USD	+0.0464%	1h	1,803.9	−0.102%	$203K	$615K	10x	as long as short
MEXC XPT_USDTlong	+0.0464%	4h	1,805.8	long leg	$23.8M	$657K	100x
Binance XPTUSDT	+0.0466%	4h	1,806.5	+0.043%	$4.2M	$3.8M	100x	as long as short
Paradex XPT-USD-PERPshort	+0.0514%	8h	1,806.7	+0.053%	$3K	—	5x
Bitget XPTUSDT	+0.0548%	4h	1,804.9	−0.046%	$1.2M	$373K	100x	as long as short
Lighter XPT	+0.0712%	1h	1,807.3	+0.086%	$358K	$15K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0722%	8h	1,807.9	+0.119%	$907K	$508K	50x	as long as short
GRVT XPT_USDT_Perp	+0.0948%	4h	1,806.9	+0.064%	$206K	$964K	25x	as long as short