Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.080%

Price spread now: MEXC against gTrade (Gains Network)+0.128%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on MEXC

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—needs both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and MEXC is 0.128% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XPT/USD	1,778.9	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	59m 12s	$228	—	150x
Short	MEXC XPT_USDT	1,781.1	0.0362	get 0.0181% / 4h	3h 59m	$23.2M	$635K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee MEXCbpOrdersPrice spread, now +0.128%Rate

Funding earned: $74.71
Price spread: +0.128% → 0.000%: $12.76
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $77.47
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; MEXC: live order book, 4 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	0.48 bp	0.5 bp $0	3.3 bp −$33	66.6 bp −$6,661	249.8 bp −$124.9K

gTrade (Gains Network): 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	1,782.4	+0.198%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDlong	L +0.0006% / S −0.0006%	1h	1,778.9	long leg	$228	—	150x
Vest PL-PERP	+0.0046%	1h	1,778.4	−0.025%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,779.3	+0.025%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,779.8	+0.052%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,781.1	+0.128%	$235K	$41K	75x	as long as short
Paradex XPT-USD-PERP	+0.0212%	8h	1,781.5	+0.151%	$3K	—	5x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,800.3	+1.205%	$6K	$34K	52x	as long as short
Extended XPT-USD	+0.0240%	1h	1,779.2	+0.018%	$154K	$699K	10x	as long as short
Lighter XPT	+0.0264%	1h	1,781.6	+0.155%	$356K	$29K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XPT	+0.0283%	4h	1,780.8	+0.109%	$245K	$206K	—	as long as short
Aster XPTUSDT	+0.0303%	4h	1,780.3	+0.081%	$15K	$10K	20x	as long as short
Aevo PLATINUM-PERP	+0.0320%	1h	1,781.5	+0.151%	$303	—	10x	as long as short
Binance XPTUSDT	+0.0354%	4h	1,781.1	+0.129%	$4.6M	$5.3M	100x	as long as short
MEXC XPT_USDTshort	+0.0362%	4h	1,781.1	+0.128%	$23.2M	$635K	100x
BloFin XPT-USDT	+0.0388%	4h	1,782	+0.179%	$97K	$70K	100x	as long as short
edgeX XPTUSDC	+0.0408%	4h	1,783.2	+0.246%	$39K	$283K	10x	as long as short
Bitget XPTUSDT	+0.0486%	4h	1,780.9	+0.112%	$1.3M	$527K	100x	as long as short
Gate XPT_USDT	+0.0544%	4h	1,781.9	+0.171%	$686K	$543K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0666%	4h	1,780.7	+0.104%	$206K	$782K	25x	as long as short
OKX XPT-USDT-SWAP	+0.0962%	8h	1,781.4	+0.143%	$1.0M	$795K	50x	as long as short