Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0314%/8h= +34.4% APRpaid last 24h +0.016%

Price spread now: Bitget against Extended+0.047%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.047%, 7d avg +0.027%

Together, before fees+0.010%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.020% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.027%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPT-USD	1,813.4	0.0032	pay 0.0004% / 1h	44m 40s	$207K	$454K	10x
Short	Bitget XPTUSDT	1,814.3	0.0346	get 0.0173% / 4h	44m 40s	$1.2M	$324K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.047%Rate

Funding earned: $65.94
Price spread: +0.047% → +0.027%: $2.04
Slippage, 4 orders: −$21.05
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: $29.93
Costs to cover: 0.381%
Break-even: 3.8 days

Slippage from Extended: live order book, 33 min ago; Bitget: live order book, 2 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, 33 min ago	0.55 bp	6.1 bp −$6	35.9 bp −$359	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.26 bp	10.3 bp −$10	31.0 bp −$310	doesn't fit	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	1,815.7	+0.124%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,813.3	−0.005%	$233	—	150x	as long as short
Extended XPT-USDlong	+0.0032%	1h	1,813.4	long leg	$207K	$454K	10x
Vest PL-PERP	+0.0046%	1h	1,814	+0.033%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,813.8	+0.022%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,814.2	+0.042%	$17K	$20K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,815.8	+0.135%	$201K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,815.6	+0.124%	$309	—	10x	as long as short
Variational Omni XPT	+0.0184%	4h	1,815.8	+0.130%	$287K	$329K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,833.1	+1.089%	$6K	$34K	52x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XPT_USDT	+0.0240%	4h	1,815.9	+0.137%	$688K	$345K	100x	as long as short
Binance XPTUSDT	+0.0247%	4h	1,815.2	+0.101%	$4.3M	$4.1M	100x	as long as short
MEXC XPT_USDT	+0.0250%	4h	1,815	+0.091%	$24.1M	$644K	100x	as long as short
BloFin XPT-USDT	+0.0257%	4h	1,816	+0.143%	$86K	$63K	100x	as long as short
edgeX XPTUSDC	+0.0268%	4h	1,815.3	+0.103%	$40K	$283K	10x	as long as short
Paradex XPT-USD-PERP	+0.0276%	8h	1,815.2	+0.101%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0321%	4h	1,815.7	+0.129%	$15K	$12K	20x	as long as short
Lighter XPT	+0.0344%	1h	1,816.2	+0.155%	$359K	$19K	20x	as long as short
Bitget XPTUSDTshort	+0.0346%	4h	1,814.3	+0.047%	$1.2M	$324K	100x
GRVT XPT_USDT_Perp	+0.0592%	4h	1,815.1	+0.096%	$206K	$1.1M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0706%	8h	1,815.9	+0.138%	$917K	$527K	50x	as long as short