Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.086%

Price spread now: Binance against Vest+0.231%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Binance

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 airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Binance is 0.231% dearer against Vest than usual: you sell high and buy low (spread +0.231% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest PL-PERP	1,791.1	0.0046	pay 0.0006% / 1h	53m 22s	—	—	25x
Short	Binance XPTUSDT	1,795.2	0	get 0.0000% / 4h	1h 53m	$4.6M	$6.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Vest. 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 VestbpFee BinancebpOrdersPrice spread, now +0.231%Rate

Funding earned: −$9.59
Price spread: +0.231% → 0.000%: $23.06
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Binance: 5 bp × 2 orders: −$10
Net: $1.47
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Binance: live order book, 8 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 Vest no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	0.33 bp	8.2 bp −$8	20.8 bp −$208	113.6 bp −$11.4K	doesn't fit

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 exchanges

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
BloFin XPT-USDT	−0.0008%	4h	1,797.9	+0.380%	$87K	$75K	100x	as long as short
edgeX XPTUSDC	−0.0008%	4h	1,796.1	+0.280%	$39K	$280K	10x	as long as short
Aster XPTUSDT	0.0000%	4h	1,795.4	+0.237%	$14K	$10K	20x	as long as short
Binance XPTUSDTshort	0.0000%	4h	1,795.2	+0.231%	$4.6M	$6.0M	100x
MEXC XPT_USDT	0.0000%	4h	1,794.8	+0.206%	$23.0M	$712K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,796.9	+0.323%	$252K	$199K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,797.5	+0.358%	$11K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,793.2	+0.117%	$230	—	150x	as long as short
Vest PL-PERPlong	+0.0046%	1h	1,791.1	long leg	—	—	25x
Bitget XPTUSDT	+0.0050%	4h	1,794.8	+0.204%	$1.3M	$625K	100x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XPT_USDT_Perp	+0.0090%	4h	1,796.7	+0.310%	$207K	$757K	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,793	+0.105%	$13K	$34K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,794.8	+0.205%	$236K	$41K	75x	as long as short
tradeXYZ xyz:PLATINUM	+0.0103%	1h	1,793.2	+0.117%	$3.4M	$1.1M	20x	as long as short
Gate XPT_USDT	+0.0104%	4h	1,796.5	+0.304%	$644K	$596K	100x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,794.8	+0.208%	$305	—	10x	as long as short
Paradex XPT-USD-PERP	+0.0123%	8h	1,795.3	+0.237%	$3K	—	5x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,811.1	+1.118%	$6K	$34K	52x	as long as short
Lighter XPT	+0.0424%	1h	1,796.5	+0.301%	$359K	$51K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0531%	8h	1,795.8	+0.262%	$910K	$1.1M	50x	as long as short
Extended XPT-USD	+0.0616%	1h	1,792.4	+0.070%	$148K	$707K	10x	as long as short