Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.018%

Price spread now: Extended against KuCoin−0.105%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$620.624% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.105%, 7d avg −0.056%

Together, before fees+0.016%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.049% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.056%). If the spread goes back, that is −$5 on $10k: about 24 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XPTUSDTM	1,783.4	0.0100	pay 0.0050% / 4h	3m 08s	$235K	$41K	75x
Short	Extended XPT-USD	1,781.6	0.0264	get 0.0033% / 1h	3m 08s	$154K	$697K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.105%Rate

Funding earned: $34.44
Price spread: −0.105% → −0.056%: −$4.85
Slippage, 4 orders: −$45.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$32.76
Costs to cover: 0.624%
Break-even: 13.7 days

Slippage from KuCoin: live order book, 28 min ago; Extended: live order book, 35 min ago.

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, 28 min ago	2.96 bp	18.2 bp −$18	205.3 bp −$2,053	doesn't fit	doesn't fit
Sell Extended live order book, 35 min ago	1.40 bp	8.6 bp −$9	39.1 bp −$391	doesn't fit	doesn't fit

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	1,782.8	−0.035%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,781.4	−0.113%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,780.6	−0.159%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,781.5	−0.109%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,781.3	−0.123%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTMlong	+0.0100%	4h	1,783.4	long leg	$235K	$41K	75x
Paradex XPT-USD-PERP	+0.0218%	8h	1,783	−0.022%	$3K	—	5x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,800.3	+0.944%	$6K	$34K	52x	as long as short
Extended XPT-USDshort	+0.0264%	1h	1,781.6	−0.105%	$154K	$697K	10x
Lighter XPT	+0.0312%	1h	1,784.3	+0.048%	$356K	$30K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0327%	4h	1,782.6	−0.050%	$15K	$10K	20x	as long as short
BloFin XPT-USDT	+0.0328%	4h	1,784	+0.031%	$97K	$70K	100x	as long as short
Variational Omni XPT	+0.0331%	4h	1,782.9	−0.028%	$245K	$206K	—	as long as short
Aevo PLATINUM-PERP	+0.0336%	1h	1,783.5	+0.002%	$303	—	10x	as long as short
Binance XPTUSDT	+0.0383%	4h	1,783.7	+0.012%	$4.6M	$5.2M	100x	as long as short
MEXC XPT_USDT	+0.0392%	4h	1,783.6	+0.010%	$23.3M	$653K	100x	as long as short
edgeX XPTUSDC	+0.0443%	4h	1,782.8	−0.038%	$39K	$282K	10x	as long as short
Bitget XPTUSDT	+0.0510%	4h	1,781.6	−0.101%	$1.3M	$526K	100x	as long as short
Gate XPT_USDT	+0.0550%	4h	1,784.5	+0.062%	$687K	$556K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0692%	4h	1,782.8	−0.038%	$204K	$777K	25x	as long as short
OKX XPT-USDT-SWAP	+0.0980%	8h	1,783.3	−0.008%	$1.0M	$790K	50x	as long as short