Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h +0.028%

Price spread now: MEXC against Extended+0.157%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.157%, 7d avg +0.050%

Together, before fees−0.063%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.107% dearer against Extended than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of +0.050%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. At the pace of the last 7 days (−0.047% in total) that is about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPT-USD	1,790.7	0.1152	pay 0.0144% / 1h	39m 57s	$203K	$613K	10x
Short	MEXC XPT_USDT	1,793.5	0.1054	get 0.0527% / 4h	3h 39m	$23.5M	$600K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.157%Rate

Funding earned: −$20.58
Price spread: +0.157% → +0.050%: $10.66
Slippage, 4 orders: −$36.78
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: −$51.7
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from Extended: live order book, 13 min ago; MEXC: live order book, 4 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, 13 min ago	0.84 bp	9.4 bp −$9	58.9 bp −$589	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	10.26 bp	12.5 bp −$13	15.3 bp −$153	62.4 bp −$6,244	242.7 bp −$121.3K

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	1,794.3	+0.198%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,790.7	−0.003%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,791.4	+0.039%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,793.3	+0.145%	$13K	$29K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.7	+1.281%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0296%	1h	1,795.1	+0.245%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0424%	1h	1,792.6	+0.106%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0706%	4h	1,793.9	+0.175%	$248K	$40K	75x	as long as short
Gate XPT_USDT	+0.0708%	4h	1,795.6	+0.273%	$730K	$509K	100x	as long as short
Paradex XPT-USD-PERP	+0.0840%	8h	1,794.6	+0.215%	$3K	—	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.0840%	1h	1,795.9	+0.290%	$355K	$19K	20x	as long as short
Aster XPTUSDT	+0.0992%	4h	1,793.2	+0.141%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.0999%	4h	1,794.5	+0.210%	$280K	$199K	—	as long as short
edgeX XPTUSDC	+0.1044%	4h	1,795	+0.239%	$39K	$281K	10x	as long as short
MEXC XPT_USDTshort	+0.1054%	4h	1,793.5	+0.157%	$23.5M	$600K	100x
Binance XPTUSDT	+0.1057%	4h	1,794.8	+0.226%	$4.5M	$4.3M	100x	as long as short
BloFin XPT-USDT	+0.1074%	4h	1,794.9	+0.232%	$89K	$68K	100x	as long as short
OKX XPT-USDT-SWAP	+0.1123%	8h	1,794.8	+0.228%	$950K	$630K	50x	as long as short
Bitget XPTUSDT	+0.1142%	4h	1,793.6	+0.159%	$1.4M	$469K	100x	as long as short
Extended XPT-USDlong	+0.1152%	1h	1,790.7	long leg	$203K	$613K	10x
GRVT XPT_USDT_Perp	+0.1322%	4h	1,795.5	+0.265%	$208K	$810K	25x	as long as short