Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0794%/8h= −86.9% APRpaid last 24h −0.046%

Price spread now: Aevo against Binance−0.087%48s7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

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

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Aevo is 0.087% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPTUSDT	1,792.6	0.1314	pay 0.0657% / 4h	2h 25m	$4.5M	$4.5M	100x
Short	Aevo PLATINUM-PERP	1,791.1	0.0520	get 0.0065% / 1h	25m 41s	$304	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.087%Rate

Funding earned: −$166.72
Price spread: −0.087% → 0.000%: −$8.66
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$201.38
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Aevo: 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 Binance live order book, 11 min ago	1.17 bp	7.6 bp −$8	23.9 bp −$239	125.4 bp −$12.5K	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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	1,788.1	−0.251%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,786.2	−0.357%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,787.2	−0.303%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,790.6	−0.116%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.8	+1.182%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERPshort	+0.0520%	1h	1,791.1	−0.087%	$304	—	10x
tradeXYZ xyz:PLATINUM	+0.0536%	1h	1,790	−0.147%	$3.6M	$1.1M	20x	as long as short
KuCoin XPTUSDTM	+0.0778%	4h	1,791.9	−0.044%	$248K	$40K	75x	as long as short
Paradex XPT-USD-PERP	+0.0791%	8h	1,792.3	−0.019%	$3K	—	5x	as long as short
Gate XPT_USDT	+0.0900%	4h	1,793.2	+0.032%	$719K	$523K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.1040%	1h	1,794	+0.076%	$355K	$19K	20x	as long as short
Aster XPTUSDT	+0.1257%	4h	1,790.1	−0.143%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.1261%	4h	1,790	−0.145%	$271K	$193K	—	as long as short
Extended XPT-USD	+0.1312%	1h	1,788.8	−0.214%	$206K	$627K	10x	as long as short
Binance XPTUSDTlong	+0.1314%	4h	1,792.6	long leg	$4.5M	$4.5M	100x
MEXC XPT_USDT	+0.1316%	4h	1,790	−0.148%	$23.4M	$616K	100x	as long as short
edgeX XPTUSDC	+0.1319%	4h	1,788	−0.258%	$39K	$281K	10x	as long as short
OKX XPT-USDT-SWAP	+0.1322%	8h	1,793.2	+0.031%	$996K	$683K	50x	as long as short
Bitget XPTUSDT	+0.1340%	4h	1,790.8	−0.101%	$1.4M	$498K	100x	as long as short
BloFin XPT-USDT	+0.1371%	4h	1,789.4	−0.180%	$94K	$68K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1644%	4h	1,786.8	−0.326%	$205K	$810K	25x	as long as short