Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1149%/8h= +125.8% APRpaid last 24h +0.100%

Price spread now: OKX against Pacifica+0.209%49s7-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 OKX

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 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and OKX is 0.209% dearer against Pacifica than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	1,781.1	0.0100	pay 0.0013% / 1h	25m 55s	$13K	$29K	10x
Short	OKX XPT-USDT-SWAP	1,784.8	0.1249	get 0.1249% / 8h	1h 25m	$1.0M	$741K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.209%Rate

Funding earned: $241.28
Price spread: +0.209% → 0.000%: $20.87
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $244.14
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; OKX: live order book, just now. 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 OKX live order book, just now	0.28 bp	9.2 bp −$9	26.8 bp −$268	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	1,784	+0.165%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,781.8	+0.041%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,781.3	+0.012%	—	$50	25x	as long as short
Pacifica PLATINUMlong	+0.0100%	1h	1,781.1	long leg	$13K	$29K	10x
tradeXYZ xyz:PLATINUM	+0.0121%	1h	1,782.9	+0.102%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,801.4	+1.140%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0402%	4h	1,784.3	+0.182%	$238K	$42K	75x	as long as short
Paradex XPT-USD-PERP	+0.0488%	8h	1,784.4	+0.188%	$3K	—	5x	as long as short
Aevo PLATINUM-PERP	+0.0512%	1h	1,785.2	+0.232%	$303	—	10x	as long as short
Lighter XPT	+0.0656%	1h	1,785.8	+0.265%	$353K	$19K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XPT-USD	+0.0672%	1h	1,781.9	+0.043%	$201K	$628K	10x	as long as short
Gate XPT_USDT	+0.0740%	4h	1,785.3	+0.235%	$717K	$539K	100x	as long as short
Aster XPTUSDT	+0.0946%	4h	1,783.8	+0.151%	$15K	$10K	20x	as long as short
BloFin XPT-USDT	+0.0972%	4h	1,784.2	+0.177%	$96K	$69K	100x	as long as short
Variational Omni XPT	+0.0984%	4h	1,784.2	+0.173%	$260K	$189K	—	as long as short
Binance XPTUSDT	+0.1007%	4h	1,785	+0.219%	$4.5M	$4.8M	100x	as long as short
MEXC XPT_USDT	+0.1014%	4h	1,784.2	+0.174%	$23.3M	$638K	100x	as long as short
edgeX XPTUSDC	+0.1047%	4h	1,784.1	+0.170%	$39K	$283K	10x	as long as short
Bitget XPTUSDT	+0.1054%	4h	1,783.2	+0.121%	$1.4M	$510K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1130%	4h	1,783.9	+0.160%	$205K	$786K	25x	as long as short
OKX XPT-USDT-SWAPshort	+0.1249%	8h	1,784.8	+0.209%	$1.0M	$741K	50x