Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0534%/8h= −58.5% APRpaid last 24h 0.000%

Price spread now: Aevo against KuCoin+0.020%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Aevo

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—needs both histories

The price spread pays, funding is against you. Aevo is 0.020% dearer against KuCoin than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 3 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XPTUSDTM	1,797.3	0.0742	pay 0.0371% / 4h	11m 10s	$249K	$40K	75x
Short	Aevo PLATINUM-PERP	1,797.7	0.0208	get 0.0026% / 1h	11m 10s	$306	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. 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 KuCoinbpFee AevobpOrdersPrice spread, now +0.020%Rate

Funding earned: −$112.14
Price spread: +0.020% → 0.000%: $2.05
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$138.09
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 69 min ago; Aevo: 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 KuCoin live order book, 69 min ago	4.43 bp	15.7 bp −$16	212.7 bp −$2,127	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	1,797	−0.014%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,792	−0.296%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,793	−0.239%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,791.6	−0.318%	$13K	$29K	10x	as long as short
Aevo PLATINUM-PERPshort	+0.0208%	1h	1,797.7	+0.020%	$306	—	10x
Injective XPT/USDC PERP	+0.0220%	1h	1,818	+1.150%	$6K	$34K	52x	as long as short
tradeXYZ xyz:PLATINUM	+0.0457%	1h	1,795.6	−0.095%	$3.6M	$996K	20x	as long as short
Gate XPT_USDT	+0.0504%	4h	1,798.6	+0.071%	$733K	$504K	100x	as long as short
KuCoin XPTUSDTMlong	+0.0742%	4h	1,797.3	long leg	$249K	$40K	75x
Paradex XPT-USD-PERP	+0.0837%	8h	1,796.9	−0.020%	$3K	—	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0846%	4h	1,796.9	−0.021%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.0851%	4h	1,796.8	−0.027%	$279K	$206K	—	as long as short
edgeX XPTUSDC	+0.0856%	4h	1,797.1	−0.009%	$39K	$283K	10x	as long as short
MEXC XPT_USDT	+0.0902%	4h	1,795.2	−0.120%	$23.6M	$646K	100x	as long as short
Binance XPTUSDT	+0.0911%	4h	1,797.6	+0.014%	$4.5M	$4.3M	100x	as long as short
Extended XPT-USD	+0.0936%	1h	1,791.9	−0.299%	$207K	$612K	10x	as long as short
BloFin XPT-USDT	+0.0964%	4h	1,797.3	−0.001%	$89K	$68K	100x	as long as short
Lighter XPT	+0.0976%	1h	1,799	+0.095%	$355K	$16K	20x	as long as short
Bitget XPTUSDT	+0.1018%	4h	1,796	−0.075%	$1.3M	$452K	100x	as long as short
OKX XPT-USDT-SWAP	+0.1025%	8h	1,798.2	+0.050%	$942K	$614K	50x	as long as short
GRVT XPT_USDT_Perp	+0.1252%	4h	1,796.6	−0.040%	$204K	$813K	25x	as long as short