Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0905%/8h= +99.1% APRpaid last 24h +0.012%

Price spread now: edgeX against Injective−1.011%7-day average — · you buy dearer than you sell

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

Long on Injective Short on edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 1.011% cheaper against Injective than usual: you would sell low and buy high (spread −1.011% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$101 on $10k: about 3.7 days of funding at the current rate (+$27 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XPT/USDC PERP	1,814.9	0.0220	pay 0.0028% / 1h	13m 46s	$6K	$34K	52x
Short	edgeX XPTUSDC	1,796.6	0.1125	get 0.0562% / 4h	3h 13m	$39K	$283K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Injective. 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 InjectivebpFee edgeXbpOrdersPrice spread, now −1.011%Rate

Funding earned: $190.05
Price spread: −1.011% → 0.000%: −$101.07
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $79.95
Costs to cover: 0.090%
Break-even: 4.1 days

Slippage unknown: Injective: no order-book sample; edgeX: live order book, 39 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 Injective no order-book sample	—	—	—	—	—
Sell edgeX live order book, 39 min ago	9.90 bp	15.8 bp −$16	125.0 bp −$1,250	doesn't fit	doesn't fit

Injective: 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	1,796.8	−0.997%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,790.9	−1.323%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,791.8	−1.273%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,794.8	−1.106%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERPlong	+0.0220%	1h	1,814.9	long leg	$6K	$34K	52x
Aevo PLATINUM-PERP	+0.0376%	1h	1,796.7	−1.005%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0526%	1h	1,794	−1.152%	$3.6M	$1.0M	20x	as long as short
Paradex XPT-USD-PERP	+0.0608%	8h	1,796.8	−0.998%	$3K	—	5x	as long as short
KuCoin XPTUSDTM	+0.0712%	4h	1,795.2	−1.083%	$249K	$40K	75x	as long as short
Gate XPT_USDT	+0.0860%	4h	1,796.9	−0.991%	$730K	$511K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.1000%	1h	1,797.1	−0.981%	$355K	$19K	20x	as long as short
Variational Omni XPT	+0.1098%	4h	1,796.5	−1.015%	$280K	$192K	—	as long as short
Aster XPTUSDT	+0.1107%	4h	1,793.2	−1.194%	$14K	$9K	20x	as long as short
edgeX XPTUSDCshort	+0.1125%	4h	1,796.6	−1.011%	$39K	$283K	10x
BloFin XPT-USDT	+0.1151%	4h	1,796.7	−1.006%	$89K	$68K	100x	as long as short
MEXC XPT_USDT	+0.1154%	4h	1,793.2	−1.196%	$23.5M	$601K	100x	as long as short
Binance XPTUSDT	+0.1159%	4h	1,796.3	−1.023%	$4.5M	$4.3M	100x	as long as short
OKX XPT-USDT-SWAP	+0.1191%	8h	1,796.3	−1.025%	$954K	$619K	50x	as long as short
Bitget XPTUSDT	+0.1222%	4h	1,794.5	−1.122%	$1.4M	$471K	100x	as long as short
Extended XPT-USD	+0.1256%	1h	1,790.9	−1.321%	$205K	$618K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1586%	4h	1,796.3	−1.024%	$205K	$812K	25x	as long as short