Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.002%

Price spread now: Paradex against Extended+0.074%7-day average — · you sell dearer than you buy

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

Long on Extended 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 airdropExtended: Active · Paradex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.074% dearer against Extended than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPT-USD	1,781.8	0.0352	pay 0.0044% / 1h	6m 17s	$154K	$697K	10x
Short	Paradex XPT-USD-PERP	1,783.1	0.0224	get 0.0224% / 8h	6m 17s	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.074%Rate

Funding earned: −$26.88
Price spread: +0.074% → 0.000%: $7.4
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$28.47
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 32 min ago; 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 Extended live order book, 32 min ago	1.40 bp	8.8 bp −$9	63.3 bp −$633	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	1,783.8	+0.115%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,781.1	−0.035%	$228	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,780.4	−0.076%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,780.9	−0.048%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,781.8	+0.003%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,783.1	+0.077%	$238K	$41K	75x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,800.3	+1.040%	$6K	$34K	52x	as long as short
Paradex XPT-USD-PERPshort	+0.0224%	8h	1,783.1	+0.074%	$3K	—	5x
Lighter XPT	+0.0312%	1h	1,784.3	+0.143%	$356K	$30K	20x	as long as short
Aevo PLATINUM-PERP	+0.0344%	1h	1,783.1	+0.073%	$303	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XPT-USDlong	+0.0352%	1h	1,781.8	long leg	$154K	$697K	10x
Aster XPTUSDT	+0.0356%	4h	1,782.4	+0.034%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0382%	4h	1,785.4	+0.207%	$245K	$205K	—	as long as short
Binance XPTUSDT	+0.0407%	4h	1,783.1	+0.076%	$4.6M	$5.2M	100x	as long as short
MEXC XPT_USDT	+0.0414%	4h	1,783	+0.069%	$23.3M	$653K	100x	as long as short
BloFin XPT-USDT	+0.0467%	4h	1,783.1	+0.075%	$96K	$70K	100x	as long as short
edgeX XPTUSDC	+0.0475%	4h	1,785.7	+0.223%	$39K	$282K	10x	as long as short
Bitget XPTUSDT	+0.0528%	4h	1,781.5	−0.015%	$1.3M	$526K	100x	as long as short
Gate XPT_USDT	+0.0558%	4h	1,784.2	+0.137%	$687K	$556K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0716%	4h	1,784.5	+0.153%	$204K	$777K	25x	as long as short
OKX XPT-USDT-SWAP	+0.0997%	8h	1,783.1	+0.075%	$1.0M	$788K	50x	as long as short