Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.049%

Price spread now: Aster against OKX−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 OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.165% cheaper against OKX 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	OKX XPT-USDT-SWAP	1,796.2	0.1211	pay 0.1211% / 8h	3h 07m	$954K	$620K	50x
Short	Aster XPTUSDT	1,793.2	0.1156	get 0.0578% / 4h	3h 07m	$14K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now −0.165%Rate

Funding earned: −$11.56
Price spread: −0.165% → 0.000%: −$16.53
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$46.09
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 44 min ago; Aster: 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 OKX live order book, 44 min ago	0.28 bp	9.2 bp −$9	24.3 bp −$243	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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	1,795.8	−0.024%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,790.2	−0.333%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,790.9	−0.295%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,793.9	−0.128%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,814.9	+1.041%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0400%	1h	1,796.4	+0.009%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0564%	1h	1,793.9	−0.128%	$3.6M	$1.0M	20x	as long as short
Paradex XPT-USD-PERP	+0.0738%	8h	1,796.5	+0.019%	$3K	—	5x	as long as short
KuCoin XPTUSDTM	+0.0748%	4h	1,795.2	−0.053%	$249K	$40K	75x	as long as short
Gate XPT_USDT	+0.0872%	4h	1,796.2	+0.002%	$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	+0.1032%	1h	1,797.2	+0.056%	$355K	$20K	20x	as long as short
Variational Omni XPT	+0.1141%	4h	1,795.1	−0.061%	$280K	$191K	—	as long as short
Aster XPTUSDTshort	+0.1156%	4h	1,793.2	−0.165%	$14K	$9K	20x
MEXC XPT_USDT	+0.1206%	4h	1,793	−0.176%	$23.5M	$601K	100x	as long as short
edgeX XPTUSDC	+0.1208%	4h	1,795.4	−0.043%	$39K	$282K	10x	as long as short
OKX XPT-USDT-SWAPlong	+0.1211%	8h	1,796.2	long leg	$954K	$620K	50x
Binance XPTUSDT	+0.1215%	4h	1,795.9	−0.016%	$4.5M	$4.3M	100x	as long as short
BloFin XPT-USDT	+0.1246%	4h	1,795.8	−0.024%	$89K	$68K	100x	as long as short
Bitget XPTUSDT	+0.1274%	4h	1,795.1	−0.060%	$1.4M	$472K	100x	as long as short
Extended XPT-USD	+0.1344%	1h	1,790.9	−0.296%	$205K	$617K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1740%	4h	1,795.1	−0.059%	$206K	$815K	25x	as long as short