Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0305%/8h= −33.4% APRpaid last 24h −0.068%

Price spread now: Vest against Paradex−0.164%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 Vest

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 · Vest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Vest is 0.164% cheaper against Paradex than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XPT-USD-PERP	1,783.5	0.0350	pay 0.0350% / 8h	49m 48s	$3K	—	5x
Short	Vest PL-PERP	1,780.6	0.0046	get 0.0006% / 1h	49m 48s	—	$50	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.164%Rate

Funding earned: −$64
Price spread: −0.164% → 0.000%: −$16.43
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Vest: 1 bp × 2 orders: −$2
Net: −$86.43
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample	—	—	—	—	—

Paradex and Vest: 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	1,784.3	+0.043%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,781	−0.140%	$228	—	150x	as long as short
Vest PL-PERPshort	+0.0046%	1h	1,780.6	−0.164%	—	$50	25x
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,782.6	−0.052%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,781.4	−0.122%	$13K	$29K	10x	as long as short
KuCoin XPTUSDTM	+0.0140%	4h	1,784.7	+0.064%	$239K	$42K	75x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,803.4	+1.116%	$6K	$34K	52x	as long as short
Lighter XPT	+0.0264%	1h	1,784.8	+0.071%	$355K	$24K	20x	as long as short
Paradex XPT-USD-PERPlong	+0.0350%	8h	1,783.5	long leg	$3K	—	5x
Aevo PLATINUM-PERP	+0.0464%	1h	1,784.2	+0.037%	$303	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XPT_USDT	+0.0634%	4h	1,784.9	+0.077%	$699K	$541K	100x	as long as short
Extended XPT-USD	+0.0648%	1h	1,782.9	−0.036%	$159K	$700K	10x	as long as short
Aster XPTUSDT	+0.0684%	4h	1,783.5	−0.003%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0723%	4h	1,783.6	+0.003%	$236K	$212K	—	as long as short
Binance XPTUSDT	+0.0759%	4h	1,783.8	+0.015%	$4.6M	$5.0M	100x	as long as short
MEXC XPT_USDT	+0.0774%	4h	1,784.2	+0.040%	$23.3M	$650K	100x	as long as short
BloFin XPT-USDT	+0.0797%	4h	1,784.5	+0.056%	$96K	$69K	100x	as long as short
edgeX XPTUSDC	+0.0814%	4h	1,784.7	+0.067%	$39K	$282K	10x	as long as short
Bitget XPTUSDT	+0.0820%	4h	1,784.4	+0.048%	$1.4M	$500K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0936%	4h	1,785.7	+0.121%	$205K	$774K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1148%	8h	1,783.6	+0.004%	$1.0M	$747K	50x	as long as short