Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0056%/8h= −6.2% APRpaid last 24h −0.074%

Price spread now: Vest against Gate−0.266%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 Vest

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 airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.266% cheaper against Gate than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPT_USDT	1,797.6	0.0102	pay 0.0051% / 4h	57m 59s	$643K	$599K	100x
Short	Vest PL-PERP	1,792.8	0.0046	get 0.0006% / 1h	57m 59s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.266%Rate

Funding earned: −$11.83
Price spread: −0.266% → 0.000%: −$26.65
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$55.47
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 46 min ago; Vest: 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, 46 min ago	2.37 bp	18.2 bp −$18	40.0 bp −$400	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 exchanges

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	−0.0017%	4h	1,798	+0.025%	$39K	$282K	10x	as long as short
BloFin XPT-USDT	−0.0004%	4h	1,797.1	−0.028%	$89K	$77K	100x	as long as short
Aster XPTUSDT	0.0000%	4h	1,797.1	−0.025%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,797	−0.031%	$4.7M	$6.0M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,796.6	−0.057%	$23.0M	$720K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,798.2	+0.032%	$252K	$189K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,798.3	+0.038%	$10K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,794	−0.202%	$230	—	150x	as long as short
Injective XPT/USDC PERP	+0.0033%	1h	1,811.1	+0.753%	$6K	$34K	52x	as long as short
Vest PL-PERPshort	+0.0046%	1h	1,792.8	−0.266%	—	—	25x

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XPTUSDT	+0.0062%	4h	1,796.8	−0.047%	$1.4M	$716K	100x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,795.3	−0.127%	$14K	$34K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,795.8	−0.101%	$237K	$41K	75x	as long as short
Gate XPT_USDTlong	+0.0102%	4h	1,797.6	long leg	$643K	$599K	100x
Aevo PLATINUM-PERP	+0.0104%	1h	1,797.1	−0.028%	$306	—	10x	as long as short
Extended XPT-USD	+0.0120%	1h	1,793	−0.253%	$161K	$689K	10x	as long as short
Paradex XPT-USD-PERP	+0.0147%	8h	1,797.6	+0.001%	$3K	—	5x	as long as short
GRVT XPT_USDT_Perp	+0.0154%	4h	1,798	+0.025%	$208K	$796K	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0232%	1h	1,794.8	−0.155%	$3.4M	$1.1M	20x	as long as short
OKX XPT-USDT-SWAP	+0.0396%	8h	1,797.6	+0.001%	$920K	$1.1M	50x	as long as short
Lighter XPT	+0.0592%	1h	1,797.6	+0.001%	$359K	$52K	20x	as long as short