Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0085%/8h= +9.3% APRpaid last 24h 0.000%

Price spread now: Paradex against Gate−0.008%7-day average — · you buy dearer than you sell

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

Long on Gate 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 airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPT_USDT	1,798	0.0042	pay 0.0021% / 4h	2h 56m	$654K	$580K	100x
Short	Paradex XPT-USD-PERP	1,797.8	0.0127	get 0.0127% / 8h	6h 56m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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 GatebpFee ParadexbpOrdersPrice spread, now −0.008%Rate

Funding earned: $17.86
Price spread: −0.008% → 0.000%: −$0.82
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$1.96
Costs to cover: 0.190%
Break-even: 7.8 days

Slippage unknown: Gate: live order book, 35 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 Gate live order book, 35 min ago	0.84 bp	17.6 bp −$18	40.9 bp −$409	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
edgeX XPTUSDC	−0.0014%	4h	1,801.3	+0.187%	$39K	$281K	10x	as long as short
Aster XPTUSDT	0.0000%	4h	1,796.7	−0.068%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,796.8	−0.067%	$4.6M	$5.7M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,797	−0.055%	$23.1M	$688K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,800.4	+0.134%	$248K	$226K	—	as long as short
GRVT XPT_USDT_Perp	0.0000%	4h	1,799.4	+0.082%	$206K	$783K	25x	as long as short
HTX XPT-USDT	0.0000%	4h	1,802.3	+0.241%	$11K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,799.9	+0.107%	$231	—	150x	as long as short
BloFin XPT-USDT	+0.0018%	4h	1,799.2	+0.069%	$88K	$73K	100x	as long as short
Injective XPT/USDC PERP	+0.0033%	1h	1,800.3	+0.128%	$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_USDTlong	+0.0042%	4h	1,798	long leg	$654K	$580K	100x
Vest PL-PERP	+0.0046%	1h	1,793.9	−0.226%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,795	−0.165%	$3.4M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,795.4	−0.145%	$13K	$34K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,796.8	−0.066%	$237K	$41K	75x	as long as short
Aevo PLATINUM-PERP	+0.0120%	1h	1,796.1	−0.103%	$305	—	10x	as long as short
Paradex XPT-USD-PERPshort	+0.0127%	8h	1,797.8	−0.008%	$3K	—	5x
Bitget XPTUSDT	+0.0130%	4h	1,797.1	−0.047%	$1.3M	$629K	100x	as long as short
Extended XPT-USD	+0.0176%	1h	1,794.7	−0.184%	$153K	$764K	10x	as long as short
Lighter XPT	+0.0352%	1h	1,798	+0.002%	$359K	$49K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0719%	8h	1,797.2	−0.043%	$927K	$1.0M	50x	as long as short