Settings8H · net · $10k
Funding arb · Price arb /

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.036%
Price spread now: Bitget against edgeX−0.049%74s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.049%, 7d avg −0.017%
Together, before fees+0.100%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.032% cheaper against edgeX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.017%). If the spread goes back, that is −$3 on $10k: about 3.0 days of funding at the current rate (+$1 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XPTUSDC1,7840.0962pay 0.0481% / 4h1h 16m$39K$282K10x
ShortBitget XPTUSDT1,783.10.0998get 0.0499% / 4h1h 16m$1.4M$506K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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

Funding earned
$7.6
Price spread: −0.049% → −0.017%
−$3.23
Slippage, 4 orders
−$28.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$45.56
Costs to cover
0.499%
Break-even
49.0 days
Slippage from edgeX: live order book, 26 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 26 min ago7.65 bp12.8 bp −$13131.9 bp −$1,319doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago2.83 bp12.9 bp −$1326.0 bp −$26083.3 bp −$8,334doesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,785.6+0.090%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,781.3−0.151%$229150xas long as short
Vest PL-PERP+0.0046%1h1,780.8−0.179%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,781.1−0.160%$13K$29K10xas long as short
tradeXYZ xyz:PLATINUM+0.0115%1h1,781.7−0.129%$3.6M$1.1M20xas long as short
Injective XPT/USDC PERP+0.0220%1h1,801.4+0.975%$6K$34K52xas long as short
KuCoin XPTUSDTM+0.0318%4h1,783.6−0.020%$238K$42K75xas long as short
Paradex XPT-USD-PERP+0.0452%8h1,783.2−0.042%$3K5xas long as short
Aevo PLATINUM-PERP+0.0504%1h1,784.3+0.017%$30310xas long as short
Lighter XPT+0.0624%1h1,785+0.056%$354K$22K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XPT-USD+0.0712%1h1,781.1−0.161%$201K$626K10xas long as short
Gate XPT_USDT+0.0714%4h1,784.9+0.052%$717K$539K100xas long as short
Aster XPTUSDT+0.0872%4h1,784−0.001%$15K$10K20xas long as short
Variational Omni XPT+0.0922%4h1,784.1+0.007%$260K$186Kas long as short
Binance XPTUSDT+0.0941%4h1,784−0.002%$4.5M$4.8M100xas long as short
MEXC XPT_USDT+0.0950%4h1,783.6−0.024%$23.3M$643K100xas long as short
BloFin XPT-USDT+0.0958%4h1,783.9−0.003%$96K$69K100xas long as short
edgeX XPTUSDClong+0.0962%4h1,784long leg$39K$282K10x
Bitget XPTUSDTshort+0.0998%4h1,783.1−0.049%$1.4M$506K100x
GRVT XPT_USDT_Perp+0.1058%4h1,783.7−0.019%$205K$780K25xas long as short
OKX XPT-USDT-SWAP+0.1223%8h1,784.2+0.011%$1.0M$741K50xas long as short