Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.115%

Price spread now: GRVT against Paradex−0.053%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 GRVT

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 · GRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.053% cheaper against Paradex than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5.6 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	1,791.9	0.0192	pay 0.0192% / 8h	4h 47m	$3K	—	5x
Short	GRVT XPT_USDT_Perp	1,790.9	0.0224	get 0.0112% / 4h	47m 22s	$207K	$794K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.053%Rate

Funding earned: $6.68
Price spread: −0.053% → 0.000%: −$5.34
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$11.66
Costs to cover: 0.130%
Break-even: 19.2 days

Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 58 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 GRVT live order book, 58 min ago	0.03 bp	6.6 bp −$7	doesn't fit	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 exchanges

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
edgeX XPTUSDC	−0.0010%	4h	1,791.8	−0.004%	$39K	$282K	10x	as long as short
Aster XPTUSDT	0.0000%	4h	1,792.8	+0.052%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,792.5	+0.033%	$4.7M	$6.1M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,792.4	+0.028%	$23.0M	$723K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,794.3	+0.135%	$252K	$187K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,791.1	−0.045%	$10K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,789.3	−0.142%	$230	—	150x	as long as short
Injective XPT/USDC PERP	+0.0033%	1h	1,811.1	+1.075%	$6K	$34K	52x	as long as short
Vest PL-PERP	+0.0046%	1h	1,788.3	−0.199%	—	—	25x	as long as short
BloFin XPT-USDT	+0.0057%	4h	1,791.2	−0.038%	$88K	$77K	100x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PLATINUM	+0.0100%	1h	1,790	−0.103%	$13K	$34K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,792.6	+0.042%	$236K	$41K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,790.6	−0.072%	$304	—	10x	as long as short
Bitget XPTUSDT	+0.0108%	4h	1,791.9	−0.001%	$1.4M	$717K	100x	as long as short
Gate XPT_USDT	+0.0110%	4h	1,792.9	+0.057%	$644K	$603K	100x	as long as short
tradeXYZ xyz:PLATINUM	+0.0145%	1h	1,790.2	−0.093%	$3.4M	$1.1M	20x	as long as short
Paradex XPT-USD-PERPlong	+0.0192%	8h	1,791.9	long leg	$3K	—	5x
Extended XPT-USD	+0.0200%	1h	1,789.4	−0.138%	$160K	$686K	10x	as long as short
GRVT XPT_USDT_Perpshort	+0.0224%	4h	1,790.9	−0.053%	$207K	$794K	25x
OKX XPT-USDT-SWAP	+0.0390%	8h	1,792.9	+0.057%	$917K	$1.1M	50x	as long as short
Lighter XPT	+0.0544%	1h	1,793.4	+0.085%	$358K	$53K	20x	as long as short