Funding arb · Price arb /

XPT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.001%

Price spread now: Pacifica against KuCoin−0.165%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.165% cheaper against KuCoin than usual: you would sell low and buy high (−$17 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	KuCoin XPTUSDTM	1,809	0.0150	pay 0.0075% / 4h	2h 35m	$201K	$17K	75x
Short	Pacifica PLATINUM	1,806	0.0100	get 0.0013% / 1h	35m 07s	$17K	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.165%Rate

Funding earned: −$10.5
Price spread: −0.165% → 0.000%: −$16.53
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$47.03
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 69 min ago; Pacifica: 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	12.60 bp	29.8 bp −$30	225.1 bp −$2,251	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	1,807	−0.108%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,804.9	−0.227%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,805.1	−0.215%	—	$50	25x	as long as short
Pacifica PLATINUMshort	+0.0100%	1h	1,806	−0.165%	$17K	$25K	10x
Aevo PLATINUM-PERP	+0.0104%	1h	1,808.6	−0.024%	$307	—	10x	as long as short
KuCoin XPTUSDTMlong	+0.0150%	4h	1,809	long leg	$201K	$17K	75x
Injective XPT/USDC PERP	+0.0220%	1h	1,827.4	+1.018%	$6K	$34K	52x	as long as short
Gate XPT_USDT	+0.0246%	4h	1,809.1	+0.008%	$639K	$411K	100x	as long as short
Extended XPT-USD	+0.0248%	1h	1,804.6	−0.242%	$206K	$628K	10x	as long as short
BloFin XPT-USDT	+0.0279%	4h	1,814.9	+0.325%	$85K	$69K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:PLATINUM	+0.0296%	1h	1,806	−0.165%	$3.6M	$1.0M	20x	as long as short
Variational Omni XPT	+0.0308%	4h	1,806.8	−0.119%	$286K	$227K	—	as long as short
edgeX XPTUSDC	+0.0352%	4h	1,809.6	+0.032%	$40K	$282K	10x	as long as short
MEXC XPT_USDT	+0.0368%	4h	1,805.1	−0.213%	$23.7M	$656K	100x	as long as short
Aster XPTUSDT	+0.0372%	4h	1,808.2	−0.042%	$14K	$10K	20x	as long as short
Binance XPTUSDT	+0.0372%	4h	1,808.1	−0.048%	$4.2M	$3.9M	100x	as long as short
Paradex XPT-USD-PERP	+0.0430%	8h	1,808.1	−0.048%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0462%	4h	1,807.8	−0.064%	$1.2M	$371K	100x	as long as short
Lighter XPT	+0.0680%	1h	1,808.9	−0.005%	$358K	$15K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0698%	8h	1,809.1	+0.006%	$907K	$518K	50x	as long as short
GRVT XPT_USDT_Perp	+0.0794%	4h	1,809.1	+0.008%	$207K	$965K	25x	as long as short