Settings8H · net · $10k
Funding arb · Price arb /

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0402%/8h= −44.0% APRpaid last 24h −0.030%
Price spread now: edgeX against OKX−0.109%51s7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.468% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.164%−$16 on $10k
Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.109%, 7d avg −0.053%
Together, before fees−0.073%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and edgeX is 0.056% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.053%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XPT-USDT-SWAP1,814.40.0715pay 0.0715% / 8h1h 06m$919K$524K50x
ShortedgeX XPTUSDC1,812.40.0314get 0.0157% / 4h1h 06m$39K$282K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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

Funding earned
−$84.32
Price spread: −0.109% → −0.053%
−$5.65
Slippage, 4 orders
−$27.82
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$136.78
Costs to cover
0.468%
Break-even
never at this rate
Slippage from OKX: live order book, 10 min ago; edgeX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 10 min ago0.28 bp10.0 bp −$1025.9 bp −$259doesn't fitdoesn't fit
Sell edgeX live order book, 11 min ago8.42 bp13.7 bp −$14136.7 bp −$1,367doesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,813.7−0.039%$11K$36K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,811.5−0.163%$232150xas long as short
Vest PL-PERP+0.0046%1h1,811.6−0.154%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,812.6−0.099%$17K$20K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,813.6−0.046%$201K$25K75xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,813.9−0.029%$30810xas long as short
Extended XPT-USD+0.0112%1h1,811.5−0.160%$198K$448K10xas long as short
tradeXYZ xyz:PLATINUM+0.0197%1h1,812.1−0.127%$3.6M$1.1M20xas long as short
Injective XPT/USDC PERP+0.0220%1h1,829.9+0.854%$6K$34K52xas long as short
Variational Omni XPT+0.0227%4h1,812.5−0.104%$283K$325Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XPT_USDT+0.0234%4h1,815.1+0.037%$696K$340K100xas long as short
Binance XPTUSDT+0.0289%4h1,813.8−0.034%$4.3M$4.1M100xas long as short
MEXC XPT_USDT+0.0290%4h1,813.2−0.065%$24.1M$634K100xas long as short
edgeX XPTUSDCshort+0.0314%4h1,812.4−0.109%$39K$282K10x
BloFin XPT-USDT+0.0328%4h1,814.3−0.005%$86K$63K100xas long as short
Paradex XPT-USD-PERP+0.0342%8h1,814.1−0.016%$3K5xas long as short
Aster XPTUSDT+0.0373%4h1,812.8−0.088%$15K$31K20xas long as short
Bitget XPTUSDT+0.0414%4h1,812.6−0.099%$1.2M$321K100xas long as short
Lighter XPT+0.0616%1h1,815.1+0.039%$359K$20K20xas long as short
GRVT XPT_USDT_Perp+0.0638%4h1,813.2−0.064%$206K$1.1M25xas long as short
OKX XPT-USDT-SWAPlong+0.0715%8h1,814.4long leg$919K$524K50x