Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0535%/8h= −58.6% APRpaid last 24h −0.006%

Price spread now: Paradex against BloFin+0.053%93s7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.053% dearer against BloFin than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 8 hours. The two prices were read 93 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	BloFin XPT-USDT	1,793	0.1250	pay 0.0625% / 4h	2h 09m	$94K	$69K	100x
Short	Paradex XPT-USD-PERP	1,793.9	0.0715	get 0.0715% / 8h	2h 09m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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 BloFinbpFee ParadexbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$112.32
Price spread: +0.053% → 0.000%: $5.3
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$123.02
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Paradex: 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 BloFin no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

BloFin and Paradex: 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	1,792	−0.053%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,790.5	−0.137%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,791.2	−0.098%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,792.3	−0.037%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,806.8	+0.772%	$6K	$34K	52x	as long as short
tradeXYZ xyz:PLATINUM	+0.0471%	1h	1,791.7	−0.070%	$3.6M	$1.1M	20x	as long as short
Aevo PLATINUM-PERP	+0.0536%	1h	1,794.3	+0.073%	$305	—	10x	as long as short
KuCoin XPTUSDTM	+0.0690%	4h	1,793.5	+0.028%	$248K	$41K	75x	as long as short
Paradex XPT-USD-PERPshort	+0.0715%	8h	1,793.9	+0.053%	$3K	—	5x
Gate XPT_USDT	+0.0880%	4h	1,795	+0.116%	$723K	$537K	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	+0.0968%	1h	1,795.1	+0.119%	$355K	$19K	20x	as long as short
Extended XPT-USD	+0.0992%	1h	1,790.8	−0.118%	$206K	$628K	10x	as long as short
Aster XPTUSDT	+0.1205%	4h	1,791.4	−0.087%	$15K	$9K	20x	as long as short
Variational Omni XPT	+0.1220%	4h	1,792.8	−0.009%	$261K	$200K	—	as long as short
BloFin XPT-USDTlong	+0.1250%	4h	1,793	long leg	$94K	$69K	100x
Binance XPTUSDT	+0.1270%	4h	1,794	+0.057%	$4.5M	$4.7M	100x	as long as short
MEXC XPT_USDT	+0.1272%	4h	1,791.8	−0.067%	$23.5M	$618K	100x	as long as short
Bitget XPTUSDT	+0.1284%	4h	1,793.2	+0.011%	$1.4M	$505K	100x	as long as short
edgeX XPTUSDC	+0.1290%	4h	1,792.6	−0.023%	$39K	$281K	10x	as long as short
OKX XPT-USDT-SWAP	+0.1327%	8h	1,794.1	+0.064%	$997K	$698K	50x	as long as short
GRVT XPT_USDT_Perp	+0.1484%	4h	1,793.4	+0.027%	$206K	$808K	25x	as long as short