Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h +0.018%

Price spread now: KuCoin against Aevo+0.016%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PLATINUM-PERP	1,788.1	0.0432	pay 0.0054% / 1h	32m 39s	$304	—	10x
Short	KuCoin XPTUSDTM	1,788.4	0.0100	get 0.0050% / 4h	32m 39s	$239K	$40K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aevo. 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 AevobpFee KuCoinbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$69.72
Price spread: +0.016% → 0.000%: $1.61
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$96.11
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 69 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 Aevo no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 69 min ago	9.16 bp	23.0 bp −$23	197.9 bp −$1,979	doesn't fit	doesn't fit

Aevo: 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	1,788.5	+0.025%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,785.4	−0.151%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,784.9	−0.177%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,786.4	−0.093%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,785.5	−0.143%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTMshort	+0.0100%	4h	1,788.4	+0.016%	$239K	$40K	75x
Injective XPT/USDC PERP	+0.0220%	1h	1,803.6	+0.870%	$6K	$34K	52x	as long as short
Paradex XPT-USD-PERP	+0.0310%	8h	1,788	−0.004%	$3K	—	5x	as long as short
Lighter XPT	+0.0312%	1h	1,789	+0.052%	$356K	$24K	20x	as long as short
Aevo PLATINUM-PERPlong	+0.0432%	1h	1,788.1	long leg	$304	—	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0573%	4h	1,786.4	−0.095%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0619%	4h	1,786.4	−0.095%	$237K	$201K	—	as long as short
Gate XPT_USDT	+0.0630%	4h	1,789.4	+0.074%	$701K	$541K	100x	as long as short
Binance XPTUSDT	+0.0634%	4h	1,788.1	+0.003%	$4.7M	$5.0M	100x	as long as short
MEXC XPT_USDT	+0.0640%	4h	1,787.8	−0.014%	$23.3M	$651K	100x	as long as short
Extended XPT-USD	+0.0680%	1h	1,785.4	−0.150%	$154K	$699K	10x	as long as short
BloFin XPT-USDT	+0.0684%	4h	1,788	−0.006%	$96K	$69K	100x	as long as short
edgeX XPTUSDC	+0.0696%	4h	1,787.4	−0.039%	$39K	$281K	10x	as long as short
Bitget XPTUSDT	+0.0708%	4h	1,786.2	−0.104%	$1.4M	$494K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0840%	4h	1,788.1	+0.001%	$205K	$774K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1101%	8h	1,788.2	+0.008%	$1.0M	$750K	50x	as long as short