Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h +0.051%

Price spread now: Paradex against Variational Omni−0.024%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Paradex is 0.024% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 14 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XPT	1,817	0.0189	pay 0.0095% / 4h	3h 32m	$288K	$326K	—
Short	Paradex XPT-USD-PERP	1,816.6	0.0326	get 0.0326% / 8h	7h 32m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Variational Omni. 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 Variational OmnibpFee ParadexbpOrdersPrice spread, now −0.024%Rate

Funding earned: $28.84
Price spread: −0.024% → 0.000%: −$2.36
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: $22.49
Costs to cover: 0.040%
Break-even: 1.5 days

Slippage unknown: Variational Omni: RFQ quote, 42 min ago; Paradex: 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 Variational Omni RFQ quote, 42 min ago	2.26 bp	doesn't fit	36.4 bp −$364	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	1,815.8	−0.070%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,813.5	−0.197%	$233	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,814.2	−0.156%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0057%	1h	1,815.2	−0.101%	$3.6M	$1.1M	20x	as long as short
Extended XPT-USD	+0.0072%	1h	1,813.8	−0.179%	$210K	$488K	10x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,813.6	−0.192%	$17K	$25K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,816.9	−0.007%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,816.5	−0.030%	$309	—	10x	as long as short
Variational Omni XPTlong	+0.0189%	4h	1,817	long leg	$288K	$326K	—
Gate XPT_USDT	+0.0196%	4h	1,817.2	+0.010%	$679K	$358K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XPT/USDC PERP	+0.0220%	1h	1,835.4	+1.010%	$6K	$34K	52x	as long as short
BloFin XPT-USDT	+0.0254%	4h	1,817.6	+0.028%	$86K	$64K	100x	as long as short
edgeX XPTUSDC	+0.0255%	4h	1,816.9	−0.008%	$40K	$283K	10x	as long as short
MEXC XPT_USDT	+0.0256%	4h	1,815.3	−0.099%	$23.9M	$671K	100x	as long as short
Binance XPTUSDT	+0.0260%	4h	1,816.9	−0.008%	$4.3M	$4.0M	100x	as long as short
Aster XPTUSDT	+0.0295%	4h	1,815.2	−0.103%	$15K	$12K	20x	as long as short
Paradex XPT-USD-PERPshort	+0.0326%	8h	1,816.6	−0.024%	$3K	—	5x
Lighter XPT	+0.0336%	1h	1,817.4	+0.020%	$359K	$16K	20x	as long as short
Bitget XPTUSDT	+0.0354%	4h	1,816.3	−0.042%	$1.3M	$329K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0510%	4h	1,816.6	−0.025%	$208K	$1.0M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0699%	8h	1,817.2	+0.009%	$908K	$542K	50x	as long as short