Funding arb · Price arb /

XPT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h +0.067%

Price spread now: edgeX against Pacifica+0.258%52s7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on edgeX

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 airdropPacifica: Active · edgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.258% dearer against Pacifica than usual: you sell high and buy low (spread +0.258% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.2 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PLATINUM	1,789.8	0.0100	pay 0.0013% / 1h	46m 04s	$13K	$34K	10x
Short	edgeX XPTUSDC	1,794.4	−0.0019	pay 0.0009% / 4h	1h 46m	$39K	$281K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Pacifica. 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 PacificabpFee edgeXbpOrdersPrice spread, now +0.258%Rate

Funding earned: −$24.99
Price spread: +0.258% → 0.000%: $25.76
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$16.22
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; edgeX: live order book, 64 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 Pacifica no order-book sample	—	—	—	—	—
Sell edgeX live order book, 64 min ago	1.03 bp	6.4 bp −$6	125.3 bp −$1,253	doesn't fit	doesn't fit

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 exchanges

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
edgeX XPTUSDCshort	−0.0019%	4h	1,794.4	+0.258%	$39K	$281K	10x
Aster XPTUSDT	0.0000%	4h	1,791.9	+0.120%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,791.7	+0.104%	$4.6M	$6.0M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,791.1	+0.070%	$23.0M	$713K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,794.5	+0.261%	$252K	$199K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,794.6	+0.269%	$11K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,790	+0.011%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,788	−0.101%	—	—	25x	as long as short
BloFin XPT-USDT	+0.0047%	4h	1,792.9	+0.175%	$87K	$75K	100x	as long as short
Bitget XPTUSDT	+0.0072%	4h	1,791	+0.068%	$1.3M	$627K	100x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PLATINUMlong	+0.0100%	1h	1,789.8	long leg	$13K	$34K	10x
KuCoin XPTUSDTM	+0.0100%	4h	1,791.9	+0.119%	$236K	$41K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,791.6	+0.099%	$305	—	10x	as long as short
Gate XPT_USDT	+0.0114%	4h	1,792.6	+0.156%	$642K	$597K	100x	as long as short
tradeXYZ xyz:PLATINUM	+0.0127%	1h	1,789.4	−0.022%	$3.4M	$1.1M	20x	as long as short
GRVT XPT_USDT_Perp	+0.0136%	4h	1,793.1	+0.182%	$207K	$757K	25x	as long as short
Paradex XPT-USD-PERP	+0.0150%	8h	1,792.3	+0.138%	$3K	—	5x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,811.1	+1.192%	$6K	$34K	52x	as long as short
OKX XPT-USDT-SWAP	+0.0520%	8h	1,791.6	+0.101%	$908K	$1.1M	50x	as long as short
Lighter XPT	+0.0520%	1h	1,792.6	+0.156%	$358K	$51K	20x	as long as short
Extended XPT-USD	+0.0728%	1h	1,788.8	−0.057%	$147K	$706K	10x	as long as short