Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.040%

Price spread now: Extended against Paradex−0.293%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Extended

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 · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.293% cheaper against Paradex than usual: you would sell low and buy high (spread −0.293% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 46 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XPT-USD-PERP	1,798.8	0.0779	pay 0.0779% / 8h	4h 18m	$3K	—	5x
Short	Extended XPT-USD	1,793.5	0.0800	get 0.0100% / 1h	18m 20s	$207K	$617K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Paradex. 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 ParadexbpFee ExtendedbpOrdersPrice spread, now −0.293%Rate

Funding earned: $4.44
Price spread: −0.293% → 0.000%: −$29.3
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$33.86
Costs to cover: 0.090%
Break-even: 60.4 days

Slippage unknown: Paradex: no order-book sample; Extended: live order book, 39 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 Paradex no order-book sample	—	—	—	—	—
Sell Extended live order book, 39 min ago	0.83 bp	7.8 bp −$8	41.2 bp −$412	doesn't fit	doesn't fit

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	1,799.2	+0.025%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,793.5	−0.296%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,794.5	−0.238%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,797.5	−0.072%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERP	+0.0176%	1h	1,800	+0.069%	$306	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.3	+0.808%	$6K	$34K	52x	as long as short
tradeXYZ xyz:PLATINUM	+0.0395%	1h	1,796.3	−0.138%	$3.6M	$994K	20x	as long as short
Gate XPT_USDT	+0.0482%	4h	1,799.9	+0.061%	$733K	$503K	100x	as long as short
KuCoin XPTUSDTM	+0.0696%	4h	1,800.1	+0.073%	$249K	$40K	75x	as long as short
Paradex XPT-USD-PERPlong	+0.0779%	8h	1,798.8	long leg	$3K	—	5x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XPT	+0.0784%	4h	1,798.9	+0.008%	$279K	$209K	—	as long as short
Aster XPTUSDT	+0.0792%	4h	1,798.5	−0.017%	$14K	$9K	20x	as long as short
Extended XPT-USDshort	+0.0800%	1h	1,793.5	−0.293%	$207K	$617K	10x
edgeX XPTUSDC	+0.0818%	4h	1,799.6	+0.046%	$39K	$282K	10x	as long as short
BloFin XPT-USDT	+0.0840%	4h	1,799.7	+0.049%	$88K	$68K	100x	as long as short
MEXC XPT_USDT	+0.0852%	4h	1,796.2	−0.146%	$23.6M	$645K	100x	as long as short
Binance XPTUSDT	+0.0855%	4h	1,798.5	−0.013%	$4.5M	$4.3M	100x	as long as short
Lighter XPT	+0.0904%	1h	1,799.9	+0.062%	$356K	$15K	20x	as long as short
Bitget XPTUSDT	+0.0970%	4h	1,797.7	−0.061%	$1.3M	$448K	100x	as long as short
OKX XPT-USDT-SWAP	+0.0996%	8h	1,799.4	+0.035%	$943K	$606K	50x	as long as short
GRVT XPT_USDT_Perp	+0.1204%	4h	1,799.4	+0.034%	$205K	$813K	25x	as long as short