Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1228%/8h= +134.5% APRpaid last 24h +0.084%

Price spread now: Bitget against Pacifica−0.055%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Bitget is 0.055% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4 hours of funding at the current rate (+$37 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PLATINUM	1,786.8	0.0100	pay 0.0013% / 1h	21m 18s	$13K	$31K	10x
Short	Bitget XPTUSDT	1,785.9	0.1328	get 0.0664% / 4h	2h 21m	$1.4M	$501K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. 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 PacificabpFee BitgetbpOrdersPrice spread, now −0.055%Rate

Funding earned: $257.88
Price spread: −0.055% → 0.000%: −$5.5
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: $232.38
Costs to cover: 0.200%
Break-even: 0.7 days

Slippage unknown: Pacifica: no order-book sample; Bitget: live order book, 5 min ago. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	2.68 bp	12.8 bp −$13	25.7 bp −$257	94.7 bp −$9,472	doesn't fit

Pacifica: 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	1,788	+0.063%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,782.9	−0.222%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,784.7	−0.119%	—	$50	25x	as long as short
Pacifica PLATINUMlong	+0.0100%	1h	1,786.8	long leg	$13K	$31K	10x
Injective XPT/USDC PERP	+0.0220%	1h	1,813.8	+1.511%	$6K	$34K	52x	as long as short
tradeXYZ xyz:PLATINUM	+0.0521%	1h	1,785.6	−0.069%	$3.6M	$1.1M	20x	as long as short
Aevo PLATINUM-PERP	+0.0528%	1h	1,786.7	−0.008%	$304	—	10x	as long as short
KuCoin XPTUSDTM	+0.0758%	4h	1,787.8	+0.056%	$248K	$40K	75x	as long as short
Paradex XPT-USD-PERP	+0.0771%	8h	1,787.8	+0.052%	$3K	—	5x	as long as short
Gate XPT_USDT	+0.0874%	4h	1,789.5	+0.149%	$724K	$533K	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	+0.1024%	1h	1,789.4	+0.144%	$354K	$19K	20x	as long as short
Extended XPT-USD	+0.1192%	1h	1,782.7	−0.232%	$206K	$628K	10x	as long as short
Aster XPTUSDT	+0.1238%	4h	1,787.1	+0.015%	$14K	$9K	20x	as long as short
BloFin XPT-USDT	+0.1259%	4h	1,788.2	+0.074%	$94K	$68K	100x	as long as short
Variational Omni XPT	+0.1261%	4h	1,790	+0.180%	$271K	$193K	—	as long as short
edgeX XPTUSDC	+0.1298%	4h	1,787.4	+0.034%	$39K	$282K	10x	as long as short
Binance XPTUSDT	+0.1304%	4h	1,787.1	+0.013%	$4.5M	$4.6M	100x	as long as short
MEXC XPT_USDT	+0.1304%	4h	1,786.2	−0.035%	$23.4M	$617K	100x	as long as short
OKX XPT-USDT-SWAP	+0.1322%	8h	1,786.9	+0.004%	$994K	$688K	50x	as long as short
Bitget XPTUSDTshort	+0.1328%	4h	1,785.9	−0.055%	$1.4M	$501K	100x
GRVT XPT_USDT_Perp	+0.1594%	4h	1,788.5	+0.092%	$206K	$813K	25x	as long as short