Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0143%/8h= −15.6% APRpaid last 24h −0.029%

Price spread now: Gate against Paradex+0.024%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Gate

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 · farm boardneeds both histories

The price spread pays, funding is against you. Gate is 0.024% dearer against Paradex than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XPT-USD-PERP	1,811.5	0.0337	pay 0.0337% / 8h	1h 20m	$3K	—	5x
Short	Gate XPT_USDT	1,811.9	0.0194	get 0.0097% / 4h	1h 20m	$695K	$339K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.024%Rate

Funding earned: −$29.94
Price spread: +0.024% → 0.000%: $2.35
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$46.58
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Gate: live order book, 61 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 Gate live order book, 61 min ago	0.25 bp	16.8 bp −$17	35.4 bp −$354	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	1,811.6	+0.006%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,808	−0.194%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,808.3	−0.175%	—	$50	25x	as long as short
Extended XPT-USD	+0.0064%	1h	1,807.9	−0.195%	$198K	$448K	10x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,808.3	−0.176%	$17K	$20K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,810.7	−0.041%	$201K	$25K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,811.3	−0.010%	$308	—	10x	as long as short
Gate XPT_USDTshort	+0.0194%	4h	1,811.9	+0.024%	$695K	$339K	100x
Variational Omni XPT	+0.0207%	4h	1,811.4	−0.002%	$283K	$325K	—	as long as short
tradeXYZ xyz:PLATINUM	+0.0210%	1h	1,809.3	−0.120%	$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	+0.942%	$6K	$34K	52x	as long as short
MEXC XPT_USDT	+0.0280%	4h	1,809.8	−0.094%	$24.1M	$633K	100x	as long as short
Binance XPTUSDT	+0.0282%	4h	1,811.4	−0.003%	$4.3M	$4.2M	100x	as long as short
BloFin XPT-USDT	+0.0285%	4h	1,811.6	+0.009%	$86K	$63K	100x	as long as short
edgeX XPTUSDC	+0.0290%	4h	1,811.2	−0.014%	$39K	$282K	10x	as long as short
Paradex XPT-USD-PERPlong	+0.0337%	8h	1,811.5	long leg	$3K	—	5x
Aster XPTUSDT	+0.0366%	4h	1,809.6	−0.102%	$15K	$31K	20x	as long as short
Bitget XPTUSDT	+0.0428%	4h	1,809.7	−0.098%	$1.2M	$321K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0608%	4h	1,811.3	−0.011%	$206K	$1.2M	25x	as long as short
Lighter XPT	+0.0624%	1h	1,812.1	+0.035%	$358K	$20K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0713%	8h	1,811.8	+0.018%	$917K	$523K	50x	as long as short