Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.014%

Price spread now: Pacifica against Binance−0.092%7-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 Pacifica

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Pacifica is 0.092% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPTUSDT	1,821.2	0.0287	pay 0.0144% / 4h	3h 50m	$4.3M	$3.9M	100x
Short	Pacifica PLATINUM	1,819.6	0.0100	get 0.0013% / 1h	50m 38s	$17K	$27K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.092%Rate

Funding earned: −$39.37
Price spread: −0.092% → 0.000%: −$9.19
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$66.55
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 1 min ago; Pacifica: 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, 1 min ago	0.60 bp	11.1 bp −$11	25.5 bp −$255	119.8 bp −$12.0K	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	1,819.5	−0.098%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,819.5	−0.096%	$233	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,820	−0.068%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,820	−0.068%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUMshort	+0.0100%	1h	1,819.6	−0.092%	$17K	$27K	10x
KuCoin XPTUSDTM	+0.0100%	4h	1,821.3	+0.005%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,821.2	0.000%	$310	—	10x	as long as short
Gate XPT_USDT	+0.0130%	4h	1,822.1	+0.044%	$676K	$351K	100x	as long as short
Extended XPT-USD	+0.0192%	1h	1,819.7	−0.086%	$205K	$459K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	2,002.4	+9.946%	$7K	$34K	52x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XPT	+0.0229%	4h	1,820.9	−0.017%	$289K	$326K	—	as long as short
Binance XPTUSDTlong	+0.0287%	4h	1,821.2	long leg	$4.3M	$3.9M	100x
BloFin XPT-USDT	+0.0288%	4h	1,821.2	−0.002%	$85K	$64K	100x	as long as short
edgeX XPTUSDC	+0.0288%	4h	1,821.4	+0.007%	$40K	$282K	10x	as long as short
MEXC XPT_USDT	+0.0294%	4h	1,821.2	−0.005%	$24.2M	$645K	100x	as long as short
Aster XPTUSDT	+0.0351%	4h	1,819.8	−0.079%	$15K	$12K	20x	as long as short
Lighter XPT	+0.0352%	1h	1,822.4	+0.064%	$360K	$16K	20x	as long as short
Paradex XPT-USD-PERP	+0.0356%	8h	1,821.2	0.000%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0366%	4h	1,821	−0.015%	$1.3M	$325K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0548%	4h	1,820.6	−0.035%	$209K	$1.1M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0710%	8h	1,821.5	+0.014%	$925K	$536K	50x	as long as short