Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.056%

Price spread now: Variational Omni against Pacifica+0.146%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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 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 · Variational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Variational Omni is 0.146% dearer against Pacifica than usual: you sell high and buy low: +$15 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	1,774	0.0100	pay 0.0013% / 1h	40m 42s	$13K	$32K	10x
Short	Variational Omni XPT	1,776.6	0.0112	get 0.0056% / 4h	3h 40m	$244K	$206K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.146%Rate

Funding earned: $2.49
Price spread: +0.146% → 0.000%: $14.57
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $9.06
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; Variational Omni: RFQ quote, 58 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 Variational Omni RFQ quote, 58 min ago	3.02 bp	doesn't fit	29.0 bp −$290	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
GRVT XPT_USDT_Perp	0.0000%	4h	1,777.9	+0.217%	$204K	$781K	25x	as long as short
HTX XPT-USDT	0.0000%	4h	1,778.6	+0.259%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,773.8	−0.015%	$228	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,772.9	−0.063%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,774.9	+0.050%	$3.6M	$1.0M	20x	as long as short
Pacifica PLATINUMlong	+0.0100%	1h	1,774	long leg	$13K	$32K	10x
KuCoin XPTUSDTM	+0.0100%	4h	1,776	+0.110%	$234K	$41K	75x	as long as short
Variational Omni XPTshort	+0.0112%	4h	1,776.6	+0.146%	$244K	$206K	—
Aster XPTUSDT	+0.0169%	4h	1,775.5	+0.086%	$15K	$10K	20x	as long as short
Paradex XPT-USD-PERP	+0.0181%	8h	1,776.4	+0.132%	$3K	—	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPT-USDT	+0.0209%	4h	1,777.3	+0.186%	$96K	$70K	100x	as long as short
Binance XPTUSDT	+0.0215%	4h	1,776.6	+0.146%	$4.6M	$5.3M	100x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,800.3	+1.480%	$6K	$34K	52x	as long as short
MEXC XPT_USDT	+0.0232%	4h	1,776.8	+0.157%	$23.1M	$648K	100x	as long as short
Gate XPT_USDT	+0.0248%	4h	1,777.9	+0.219%	$666K	$555K	100x	as long as short
Lighter XPT	+0.0264%	1h	1,777.2	+0.179%	$355K	$43K	20x	as long as short
Aevo PLATINUM-PERP	+0.0264%	1h	1,775.2	+0.065%	$302	—	10x	as long as short
edgeX XPTUSDC	+0.0267%	4h	1,782	+0.452%	$39K	$283K	10x	as long as short
Extended XPT-USD	+0.0288%	1h	1,773.4	−0.035%	$157K	$711K	10x	as long as short
Bitget XPTUSDT	+0.0370%	4h	1,776.5	+0.141%	$1.3M	$533K	100x	as long as short
OKX XPT-USDT-SWAP	+0.0883%	8h	1,777.4	+0.191%	$1.1M	$825K	50x	as long as short