Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0242%/8h= +26.5% APRpaid last 24h +0.030%

Price spread now: tradeXYZ against HTX−0.191%7-day average — · you buy dearer than you sell

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

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Funding pays, the price is against you. tradeXYZ is 0.191% cheaper against HTX than usual: you would sell low and buy high (spread −0.191% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 2.6 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XPT-USDT	1,806	0	get 0.0000% / 4h	2h 14m	$11K	$37K	30x
Short	tradeXYZ xyz:PLATINUM	1,802.5	0.0242	get 0.0030% / 1h	14m 07s	$3.6M	$981K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against HTX. 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 HTXbpFee tradeXYZbpOrdersPrice spread, now −0.191%Rate

Funding earned: $50.74
Price spread: −0.191% → 0.000%: −$19.1
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $1.64
Costs to cover: 0.300%
Break-even: 6.8 days

Slippage unknown: HTX: no order-book sample; tradeXYZ: 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 HTX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 4 min ago	0.83 bp	12.0 bp −$12	doesn't fit	doesn't fit	doesn't fit

HTX: 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 20 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-USDTlong	0.0000%	4h	1,806	long leg	$11K	$37K	30x
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,802.5	−0.190%	$231	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,803.2	−0.152%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,803.1	−0.158%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,806	+0.002%	$307	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,824.7	+1.039%	$6K	$34K	52x	as long as short
tradeXYZ xyz:PLATINUMshort	+0.0242%	1h	1,802.5	−0.191%	$3.6M	$981K	20x
KuCoin XPTUSDTM	+0.0254%	4h	1,806	+0.003%	$201K	$17K	75x	as long as short
Gate XPT_USDT	+0.0274%	4h	1,806	+0.005%	$631K	$422K	100x	as long as short
Variational Omni XPT	+0.0402%	4h	1,806.1	+0.006%	$281K	$232K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0450%	4h	1,805.9	−0.005%	$14K	$10K	20x	as long as short
edgeX XPTUSDC	+0.0463%	4h	1,806.5	+0.030%	$39K	$283K	10x	as long as short
MEXC XPT_USDT	+0.0468%	4h	1,803.9	−0.115%	$23.7M	$658K	100x	as long as short
Binance XPTUSDT	+0.0469%	4h	1,805.4	−0.030%	$4.2M	$3.8M	100x	as long as short
Extended XPT-USD	+0.0472%	1h	1,803	−0.166%	$203K	$614K	10x	as long as short
Paradex XPT-USD-PERP	+0.0504%	8h	1,804.8	−0.065%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0552%	4h	1,804.9	−0.057%	$1.2M	$372K	100x	as long as short
Lighter XPT	+0.0712%	1h	1,805.9	−0.003%	$357K	$15K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0721%	8h	1,805.7	−0.014%	$905K	$508K	50x	as long as short
GRVT XPT_USDT_Perp	+0.0948%	4h	1,806.9	+0.053%	$206K	$964K	25x	as long as short