Funding arb · Price arb /

XPT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.052%

Price spread now: Paradex against Pacifica+0.147%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 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 airdropPacifica: Active · Paradex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Paradex is 0.147% dearer against Pacifica than usual: you sell high and buy low: +$15 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	1,814.2	0.0100	pay 0.0013% / 1h	34m 08s	$17K	$25K	10x
Short	Paradex XPT-USD-PERP	1,816.9	0.0320	get 0.0320% / 8h	7h 34m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.147%Rate

Funding earned: $46.25
Price spread: +0.147% → 0.000%: $14.71
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $48.95
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; 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 Pacifica no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Pacifica and 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 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	1,815.8	+0.087%	$10K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,814.2	−0.001%	$233	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,814.9	+0.039%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,815	+0.044%	$3.6M	$1.1M	20x	as long as short
Extended XPT-USD	+0.0080%	1h	1,814.4	+0.012%	$208K	$486K	10x	as long as short
Pacifica PLATINUMlong	+0.0100%	1h	1,814.2	long leg	$17K	$25K	10x
KuCoin XPTUSDTM	+0.0100%	4h	1,816.7	+0.138%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,817	+0.154%	$309	—	10x	as long as short
Gate XPT_USDT	+0.0184%	4h	1,817.4	+0.178%	$679K	$358K	100x	as long as short
Variational Omni XPT	+0.0189%	4h	1,817	+0.157%	$288K	$326K	—	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	1,835.4	+1.168%	$6K	$34K	52x	as long as short
edgeX XPTUSDC	+0.0234%	4h	1,816.4	+0.120%	$40K	$282K	10x	as long as short
MEXC XPT_USDT	+0.0252%	4h	1,815.8	+0.087%	$23.9M	$671K	100x	as long as short
Binance XPTUSDT	+0.0255%	4h	1,816.6	+0.133%	$4.3M	$4.0M	100x	as long as short
Aster XPTUSDT	+0.0293%	4h	1,815.4	+0.066%	$15K	$12K	20x	as long as short
Lighter XPT	+0.0304%	1h	1,817	+0.154%	$359K	$16K	20x	as long as short
BloFin XPT-USDT	+0.0304%	4h	1,817.4	+0.174%	$86K	$64K	100x	as long as short
Paradex XPT-USD-PERPshort	+0.0320%	8h	1,816.9	+0.147%	$3K	—	5x
Bitget XPTUSDT	+0.0348%	4h	1,816.2	+0.110%	$1.3M	$329K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0418%	4h	1,816.2	+0.111%	$208K	$1.0M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0698%	8h	1,817.6	+0.187%	$908K	$542K	50x	as long as short