Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0560%/8h= +61.4% APRpaid last 24h 0.000%

Price spread now: MEXC against Paradex−0.012%46s7-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 MEXC

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XPT-USD-PERP	1,785	0.0566	pay 0.0566% / 8h	1h 40m	$3K	—	5x
Short	MEXC XPT_USDT	1,784.8	0.1126	get 0.0563% / 4h	1h 40m	$23.3M	$637K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.012%Rate

Funding earned: $117.66
Price spread: −0.012% → 0.000%: −$1.24
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee MEXC: 0 bp × 2 orders: $0
Net: $112.42
Costs to cover: 0.040%
Break-even: 0.3 days

Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago	3.50 bp	6.8 bp −$7	13.5 bp −$135	63.2 bp −$6,324	225.2 bp −$112.6K

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	1,785.7	+0.041%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,782.6	−0.135%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,782.2	−0.156%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,782.1	−0.164%	$13K	$29K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0178%	1h	1,783.6	−0.077%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,809.9	+1.395%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0520%	4h	1,785.7	+0.043%	$239K	$42K	75x	as long as short
Aevo PLATINUM-PERP	+0.0528%	1h	1,786	+0.057%	$304	—	10x	as long as short
Paradex XPT-USD-PERPlong	+0.0566%	8h	1,785	long leg	$3K	—	5x
Extended XPT-USD	+0.0640%	1h	1,782	−0.167%	$201K	$629K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.0680%	1h	1,787.1	+0.119%	$353K	$18K	20x	as long as short
Gate XPT_USDT	+0.0786%	4h	1,786.8	+0.102%	$719K	$536K	100x	as long as short
Aster XPTUSDT	+0.1053%	4h	1,784.7	−0.017%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.1062%	4h	1,785.2	+0.015%	$260K	$192K	—	as long as short
BloFin XPT-USDT	+0.1099%	4h	1,785.3	+0.020%	$96K	$69K	100x	as long as short
Binance XPTUSDT	+0.1121%	4h	1,785.1	+0.008%	$4.5M	$4.8M	100x	as long as short
MEXC XPT_USDTshort	+0.1126%	4h	1,784.8	−0.012%	$23.3M	$637K	100x
Bitget XPTUSDT	+0.1148%	4h	1,784.6	−0.022%	$1.4M	$514K	100x	as long as short
edgeX XPTUSDC	+0.1152%	4h	1,784.6	−0.022%	$39K	$283K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1230%	4h	1,785.3	+0.018%	$205K	$799K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1287%	8h	1,785.9	+0.051%	$1.0M	$737K	50x	as long as short