Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0651%/8h= +71.2% APRpaid last 24h +0.044%

Price spread now: BloFin against tradeXYZ+0.115%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BloFin is 0.115% dearer against tradeXYZ than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:PLATINUM	1,792.8	0.0423	pay 0.0053% / 1h	41m 14s	$3.6M	$1.0M	20x
Short	BloFin XPT-USDT	1,794.9	0.1074	get 0.0537% / 4h	3h 41m	$89K	$68K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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 tradeXYZbpFee BloFinbpOrdersPrice spread, now +0.115%Rate

Funding earned: $136.61
Price spread: +0.115% → 0.000%: $11.49
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee BloFin: 6 bp × 2 orders: −$12
Net: $118.1
Costs to cover: 0.300%
Break-even: 0.9 days

Slippage unknown: tradeXYZ: live order book, 7 min ago; BloFin: 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 tradeXYZ live order book, 7 min ago	0.84 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: 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	1,793.6	+0.046%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,790.8	−0.112%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,791.4	−0.078%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,793.1	+0.015%	$13K	$29K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.7	+1.163%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0296%	1h	1,795.2	+0.132%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUMlong	+0.0423%	1h	1,792.8	long leg	$3.6M	$1.0M	20x
Gate XPT_USDT	+0.0700%	4h	1,795.1	+0.129%	$729K	$509K	100x	as long as short
KuCoin XPTUSDTM	+0.0708%	4h	1,793.9	+0.059%	$248K	$40K	75x	as long as short
Lighter XPT	+0.0840%	1h	1,795	+0.123%	$355K	$19K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex XPT-USD-PERP	+0.0844%	8h	1,794.3	+0.082%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0988%	4h	1,793.2	+0.024%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.0991%	4h	1,795.7	+0.160%	$280K	$200K	—	as long as short
edgeX XPTUSDC	+0.1044%	4h	1,795	+0.122%	$39K	$281K	10x	as long as short
MEXC XPT_USDT	+0.1050%	4h	1,793.3	+0.030%	$23.5M	$600K	100x	as long as short
Binance XPTUSDT	+0.1056%	4h	1,794.8	+0.110%	$4.5M	$4.3M	100x	as long as short
BloFin XPT-USDTshort	+0.1074%	4h	1,794.9	+0.115%	$89K	$68K	100x
OKX XPT-USDT-SWAP	+0.1121%	8h	1,795.4	+0.145%	$950K	$632K	50x	as long as short
Bitget XPTUSDT	+0.1142%	4h	1,793.8	+0.057%	$1.4M	$469K	100x	as long as short
Extended XPT-USD	+0.1160%	1h	1,790.8	−0.111%	$203K	$613K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1322%	4h	1,795.5	+0.148%	$208K	$810K	25x	as long as short