Funding arb · Price arb /

XPT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h −0.001%

Price spread now: MEXC against Pacifica+0.110%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on MEXC

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and MEXC is 0.110% dearer against Pacifica than usual: you sell high and buy low: +$11 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	Pacifica PLATINUM	1,808.3	0.0100	pay 0.0013% / 1h	20m 37s	$17K	$20K	10x
Short	MEXC XPT_USDT	1,810.3	0.0280	get 0.0140% / 4h	1h 20m	$24.1M	$633K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.110%Rate

Funding earned: $37.8
Price spread: +0.110% → 0.000%: $11.04
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: $40.84
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago	8.31 bp	8.4 bp −$8	10.8 bp −$108	55.6 bp −$5,556	223.6 bp −$111.8K

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	1,811.6	+0.183%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,808.5	+0.010%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,808.7	+0.023%	—	$50	25x	as long as short
Extended XPT-USD	+0.0056%	1h	1,808.4	+0.007%	$198K	$448K	10x	as long as short
Pacifica PLATINUMlong	+0.0100%	1h	1,808.3	long leg	$17K	$20K	10x
KuCoin XPTUSDTM	+0.0100%	4h	1,810.7	+0.135%	$201K	$25K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,811.7	+0.191%	$308	—	10x	as long as short
Gate XPT_USDT	+0.0194%	4h	1,812.1	+0.211%	$695K	$339K	100x	as long as short
Variational Omni XPT	+0.0203%	4h	1,809.9	+0.090%	$283K	$325K	—	as long as short
tradeXYZ xyz:PLATINUM	+0.0210%	1h	1,809.4	+0.062%	$3.6M	$1.1M	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XPT/USDC PERP	+0.0220%	1h	1,828.5	+1.120%	$6K	$34K	52x	as long as short
MEXC XPT_USDTshort	+0.0280%	4h	1,810.3	+0.110%	$24.1M	$633K	100x
Binance XPTUSDT	+0.0282%	4h	1,811.1	+0.154%	$4.3M	$4.2M	100x	as long as short
BloFin XPT-USDT	+0.0285%	4h	1,811.6	+0.186%	$86K	$63K	100x	as long as short
edgeX XPTUSDC	+0.0290%	4h	1,811.2	+0.162%	$39K	$282K	10x	as long as short
Paradex XPT-USD-PERP	+0.0337%	8h	1,811.5	+0.176%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0366%	4h	1,809.9	+0.090%	$15K	$31K	20x	as long as short
Bitget XPTUSDT	+0.0428%	4h	1,809.7	+0.078%	$1.2M	$321K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0608%	4h	1,811.3	+0.165%	$206K	$1.2M	25x	as long as short
Lighter XPT	+0.0624%	1h	1,812.8	+0.250%	$359K	$20K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0713%	8h	1,811.8	+0.194%	$917K	$523K	50x	as long as short