Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0280%/8h= −30.6% APRpaid last 24h −0.050%

Price spread now: KuCoin against Paradex+0.036%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 KuCoin

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. KuCoin is 0.036% dearer against Paradex than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XPT-USD-PERP	1,810.2	0.0402	pay 0.0402% / 8h	6h 38m	$3K	—	5x
Short	KuCoin XPTUSDTM	1,810.9	0.0122	get 0.0061% / 4h	2h 38m	$201K	$17K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$58.78
Price spread: +0.036% → 0.000%: $3.56
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$71.21
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 65 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 KuCoin live order book, 65 min ago	12.60 bp	20.7 bp −$21	193.0 bp −$1,930	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	1,809.1	−0.061%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,806.5	−0.205%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,807.1	−0.172%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,808.5	−0.094%	$17K	$25K	10x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,809.9	−0.015%	$308	—	10x	as long as short
KuCoin XPTUSDTMshort	+0.0122%	4h	1,810.9	+0.036%	$201K	$17K	75x
Extended XPT-USD	+0.0168%	1h	1,805.7	−0.250%	$208K	$616K	10x	as long as short
Gate XPT_USDT	+0.0212%	4h	1,809.7	−0.026%	$637K	$403K	100x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,834	+1.314%	$6K	$34K	52x	as long as short
Variational Omni XPT	+0.0263%	4h	1,809.4	−0.042%	$286K	$227K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPT-USDT	+0.0279%	4h	1,814.9	+0.258%	$85K	$69K	100x	as long as short
tradeXYZ xyz:PLATINUM	+0.0298%	1h	1,808.1	−0.116%	$3.6M	$1.0M	20x	as long as short
edgeX XPTUSDC	+0.0320%	4h	1,811.7	+0.085%	$40K	$281K	10x	as long as short
MEXC XPT_USDT	+0.0340%	4h	1,808.3	−0.107%	$23.8M	$656K	100x	as long as short
Binance XPTUSDT	+0.0347%	4h	1,809.7	−0.026%	$4.2M	$3.8M	100x	as long as short
Aster XPTUSDT	+0.0354%	4h	1,810	−0.009%	$15K	$10K	20x	as long as short
Paradex XPT-USD-PERPlong	+0.0402%	8h	1,810.2	long leg	$3K	—	5x
Bitget XPTUSDT	+0.0438%	4h	1,808.7	−0.085%	$1.2M	$365K	100x	as long as short
Lighter XPT	+0.0640%	1h	1,811	+0.044%	$358K	$14K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0692%	8h	1,810.2	0.000%	$907K	$518K	50x	as long as short
GRVT XPT_USDT_Perp	+0.0778%	4h	1,809.4	−0.043%	$207K	$985K	25x	as long as short