Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0298%/8h= +32.7% APRpaid last 24h −0.001%

Price spread now: Variational Omni against Aevo−0.009%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Variational Omni

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 · farm boardneeds 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: +$9 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	1,806.2	0.0104	pay 0.0013% / 1h	15m 45s	$307	—	10x
Short	Variational Omni XPT	1,806.1	0.0402	get 0.0201% / 4h	2h 15m	$281K	$232K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.009%Rate

Funding earned: $62.65
Price spread: −0.009% → 0.000%: −$0.9
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $45.76
Costs to cover: 0.160%
Break-even: 1.9 days

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 53 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 Variational Omni RFQ quote, 53 min ago	2.59 bp	doesn't fit	30.5 bp −$305	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 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	+0.032%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,803.5	−0.149%	$231	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,804.5	−0.095%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,804.8	−0.082%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERPlong	+0.0104%	1h	1,806.2	long leg	$307	—	10x
Injective XPT/USDC PERP	+0.0220%	1h	1,827.4	+1.173%	$6K	$34K	52x	as long as short
tradeXYZ xyz:PLATINUM	+0.0248%	1h	1,804.2	−0.112%	$3.6M	$992K	20x	as long as short
KuCoin XPTUSDTM	+0.0248%	4h	1,807.7	+0.081%	$201K	$17K	75x	as long as short
Gate XPT_USDT	+0.0272%	4h	1,807.2	+0.056%	$632K	$419K	100x	as long as short
Variational Omni XPTshort	+0.0402%	4h	1,806.1	−0.009%	$281K	$232K	—

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0450%	4h	1,806.9	+0.038%	$14K	$10K	20x	as long as short
edgeX XPTUSDC	+0.0463%	4h	1,806.5	+0.015%	$39K	$283K	10x	as long as short
Extended XPT-USD	+0.0464%	1h	1,804.2	−0.114%	$203K	$615K	10x	as long as short
MEXC XPT_USDT	+0.0466%	4h	1,805.9	−0.021%	$23.8M	$657K	100x	as long as short
Binance XPTUSDT	+0.0469%	4h	1,806.8	+0.034%	$4.2M	$3.8M	100x	as long as short
Paradex XPT-USD-PERP	+0.0508%	8h	1,806.6	+0.019%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0550%	4h	1,804.9	−0.072%	$1.2M	$372K	100x	as long as short
Lighter XPT	+0.0712%	1h	1,807.3	+0.060%	$358K	$15K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0722%	8h	1,807.1	+0.049%	$907K	$508K	50x	as long as short
GRVT XPT_USDT_Perp	+0.0948%	4h	1,806.9	+0.038%	$206K	$964K	25x	as long as short