Funding arb · Price arb /

XPT

RWAall XPT markets

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: KuCoin against Pacifica+0.166%7-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 KuCoin

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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.166% dearer against Pacifica than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PLATINUM	1,806	0.0100	pay 0.0013% / 1h	35m 12s	$17K	$25K	10x
Short	KuCoin XPTUSDTM	1,809	0.0150	get 0.0075% / 4h	2h 35m	$201K	$17K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.166%Rate

Funding earned: $10.5
Price spread: +0.166% → 0.000%: $16.56
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $7.06
Costs to cover: 0.200%
Break-even: 2.3 days

Slippage unknown: Pacifica: no order-book sample; KuCoin: live order book, 69 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 KuCoin live order book, 69 min ago	12.60 bp	20.7 bp −$21	193.0 bp −$1,930	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 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	+0.058%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,804.9	−0.062%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,805.1	−0.050%	—	$50	25x	as long as short
Pacifica PLATINUMlong	+0.0100%	1h	1,806	long leg	$17K	$25K	10x
Aevo PLATINUM-PERP	+0.0104%	1h	1,808.6	+0.142%	$307	—	10x	as long as short
KuCoin XPTUSDTMshort	+0.0150%	4h	1,809	+0.166%	$201K	$17K	75x
Injective XPT/USDC PERP	+0.0220%	1h	1,827.4	+1.185%	$6K	$34K	52x	as long as short
Gate XPT_USDT	+0.0246%	4h	1,809.4	+0.189%	$639K	$405K	100x	as long as short
Extended XPT-USD	+0.0248%	1h	1,804.6	−0.077%	$206K	$628K	10x	as long as short
BloFin XPT-USDT	+0.0279%	4h	1,814.9	+0.491%	$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	1,806.9	+0.050%	$3.6M	$1.0M	20x	as long as short
Variational Omni XPT	+0.0308%	4h	1,806.8	+0.047%	$286K	$227K	—	as long as short
edgeX XPTUSDC	+0.0352%	4h	1,809.6	+0.198%	$40K	$282K	10x	as long as short
MEXC XPT_USDT	+0.0368%	4h	1,805.1	−0.048%	$23.7M	$656K	100x	as long as short
Aster XPTUSDT	+0.0372%	4h	1,808.8	+0.155%	$14K	$10K	20x	as long as short
Binance XPTUSDT	+0.0372%	4h	1,808.2	+0.123%	$4.2M	$3.9M	100x	as long as short
Paradex XPT-USD-PERP	+0.0430%	8h	1,808.1	+0.117%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0462%	4h	1,808.2	+0.121%	$1.2M	$371K	100x	as long as short
Lighter XPT	+0.0680%	1h	1,808.9	+0.161%	$358K	$15K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0698%	8h	1,809.1	+0.172%	$907K	$518K	50x	as long as short
GRVT XPT_USDT_Perp	+0.0794%	4h	1,809.1	+0.173%	$207K	$965K	25x	as long as short