Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0418%/8h= +45.8% APRpaid last 24h +0.030%

Price spread now: MEXC against Vest+0.057%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 MEXC

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 airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and MEXC is 0.057% dearer against Vest than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest PL-PERP	1,804.4	0.0046	pay 0.0006% / 1h	17m 00s	—	$50	25x
Short	MEXC XPT_USDT	1,805.4	0.0464	get 0.0232% / 4h	2h 17m	$23.8M	$657K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.057%Rate

Funding earned: $87.85
Price spread: +0.057% → 0.000%: $5.71
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee MEXC: 0 bp × 2 orders: $0
Net: $91.56
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	8.50 bp	8.5 bp −$9	11.0 bp −$110	52.1 bp −$5,205	219.3 bp −$109.6K

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 20 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	1,806.8	+0.133%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,804.2	−0.012%	$231	—	150x	as long as short
Vest PL-PERPlong	+0.0046%	1h	1,804.4	long leg	—	$50	25x
Pacifica PLATINUM	+0.0100%	1h	1,804.8	+0.022%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,806.7	+0.129%	$307	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,827.4	+1.275%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0246%	4h	1,807.8	+0.186%	$201K	$17K	75x	as long as short
tradeXYZ xyz:PLATINUM	+0.0254%	1h	1,804.5	+0.006%	$3.6M	$992K	20x	as long as short
Gate XPT_USDT	+0.0270%	4h	1,807.3	+0.160%	$632K	$419K	100x	as long as short
Variational Omni XPT	+0.0395%	4h	1,807.3	+0.158%	$281K	$232K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0451%	4h	1,807	+0.144%	$14K	$10K	20x	as long as short
edgeX XPTUSDC	+0.0463%	4h	1,806.5	+0.116%	$39K	$283K	10x	as long as short
Extended XPT-USD	+0.0464%	1h	1,803.6	−0.043%	$203K	$616K	10x	as long as short
MEXC XPT_USDTshort	+0.0464%	4h	1,805.4	+0.057%	$23.8M	$657K	100x
Binance XPTUSDT	+0.0465%	4h	1,806.7	+0.127%	$4.2M	$3.8M	100x	as long as short
Paradex XPT-USD-PERP	+0.0516%	8h	1,806	+0.088%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0546%	4h	1,804.9	+0.029%	$1.2M	$373K	100x	as long as short
Lighter XPT	+0.0712%	1h	1,807.7	+0.183%	$358K	$15K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0722%	8h	1,807.9	+0.194%	$907K	$509K	50x	as long as short
GRVT XPT_USDT_Perp	+0.0948%	4h	1,806.9	+0.139%	$206K	$964K	25x	as long as short