Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0386%/8h= +42.2% APRpaid last 24h +0.080%

Price spread now: Paradex against gTrade (Gains Network)+0.142%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Paradex is 0.142% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 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	1,783.1	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	57m 08s	$229	—	150x
Short	Paradex XPT-USD-PERP	1,785.6	0.0392	get 0.0392% / 8h	57m 08s	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.142%Rate

Funding earned: $80.99
Price spread: +0.142% → 0.000%: $14.22
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $81.21
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

gTrade (Gains Network) and 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	1,785.7	+0.150%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDlong	L +0.0006% / S −0.0006%	1h	1,783.1	long leg	$229	—	150x
Vest PL-PERP	+0.0046%	1h	1,782.3	−0.043%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,783.2	+0.008%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,783.1	+0.004%	$13K	$29K	10x	as long as short
KuCoin XPTUSDTM	+0.0194%	4h	1,784.5	+0.082%	$239K	$42K	75x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,802.2	+1.074%	$6K	$34K	52x	as long as short
Lighter XPT	+0.0352%	1h	1,786.7	+0.204%	$355K	$24K	20x	as long as short
Paradex XPT-USD-PERPshort	+0.0392%	8h	1,785.6	+0.142%	$3K	—	5x
Aevo PLATINUM-PERP	+0.0480%	1h	1,785.7	+0.147%	$304	—	10x	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	+0.0648%	4h	1,786.4	+0.190%	$715K	$533K	100x	as long as short
Extended XPT-USD	+0.0704%	1h	1,783	−0.002%	$202K	$631K	10x	as long as short
Aster XPTUSDT	+0.0765%	4h	1,784.1	+0.061%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0817%	4h	1,783.4	+0.018%	$263K	$185K	—	as long as short
Binance XPTUSDT	+0.0836%	4h	1,785.7	+0.149%	$4.6M	$5.0M	100x	as long as short
MEXC XPT_USDT	+0.0844%	4h	1,785.6	+0.140%	$23.3M	$648K	100x	as long as short
edgeX XPTUSDC	+0.0873%	4h	1,784.1	+0.058%	$39K	$280K	10x	as long as short
Bitget XPTUSDT	+0.0880%	4h	1,784.7	+0.093%	$1.4M	$500K	100x	as long as short
BloFin XPT-USDT	+0.0893%	4h	1,785.8	+0.153%	$96K	$69K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0978%	4h	1,783.1	+0.003%	$204K	$779K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1175%	8h	1,786.1	+0.170%	$1.0M	$748K	50x	as long as short