Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h +0.029%

Price spread now: Binance against Extended+0.289%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$390.385% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.289%, 7d avg +0.067%

Together, before fees+0.030%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.223% dearer against Extended than usual: you sell high and buy low (spread +0.289% now, against its 7-day average of +0.067%): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.044% in total) that is about 35 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPT-USD	1,791	0.1352	pay 0.0169% / 1h	7m 18s	$205K	$617K	10x
Short	Binance XPTUSDT	1,796.2	0.1215	get 0.0608% / 4h	3h 07m	$4.5M	$4.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.289%Rate

Funding earned: −$28.71
Price spread: +0.289% → +0.067%: $22.26
Slippage, 4 orders: −$23.5
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.95
Costs to cover: 0.385%
Break-even: never at this rate

Slippage from Extended: live order book, 45 min ago; Binance: live order book, 15 min ago.

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 Extended live order book, 45 min ago	0.84 bp	9.4 bp −$9	58.9 bp −$589	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.44 bp	9.4 bp −$9	22.6 bp −$226	110.4 bp −$11.0K	doesn't fit

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	1,795.8	+0.266%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,790.9	−0.008%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,791.5	+0.028%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,793.9	+0.162%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,814.9	+1.335%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0408%	1h	1,797	+0.334%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0566%	1h	1,793.9	+0.162%	$3.6M	$1.0M	20x	as long as short
Paradex XPT-USD-PERP	+0.0738%	8h	1,796.5	+0.310%	$3K	—	5x	as long as short
KuCoin XPTUSDTM	+0.0748%	4h	1,795.2	+0.237%	$249K	$40K	75x	as long as short
Gate XPT_USDT	+0.0872%	4h	1,796.2	+0.293%	$730K	$511K	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	1,797.4	+0.358%	$355K	$20K	20x	as long as short
Variational Omni XPT	+0.1141%	4h	1,795.1	+0.229%	$280K	$191K	—	as long as short
Aster XPTUSDT	+0.1156%	4h	1,793.2	+0.125%	$14K	$9K	20x	as long as short
MEXC XPT_USDT	+0.1206%	4h	1,793.1	+0.119%	$23.5M	$601K	100x	as long as short
edgeX XPTUSDC	+0.1208%	4h	1,795.4	+0.247%	$39K	$282K	10x	as long as short
OKX XPT-USDT-SWAP	+0.1214%	8h	1,796.2	+0.291%	$954K	$620K	50x	as long as short
Binance XPTUSDTshort	+0.1215%	4h	1,796.2	+0.289%	$4.5M	$4.3M	100x
BloFin XPT-USDT	+0.1262%	4h	1,796.2	+0.291%	$89K	$68K	100x	as long as short
Bitget XPTUSDT	+0.1274%	4h	1,795.1	+0.231%	$1.4M	$472K	100x	as long as short
Extended XPT-USDlong	+0.1352%	1h	1,791	long leg	$205K	$617K	10x
GRVT XPT_USDT_Perp	+0.1740%	4h	1,795.1	+0.232%	$206K	$815K	25x	as long as short