Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h +0.012%

Price spread now: Binance against Paradex+0.008%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Binance

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 airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XPT-USD-PERP	1,791.2	0.0088	pay 0.0088% / 8h	6h 16m	$3K	—	5x
Short	Binance XPTUSDT	1,791.3	0	get 0.0000% / 4h	2h 16m	$4.6M	$5.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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 ParadexbpFee BinancebpOrdersPrice spread, now +0.008%Rate

Funding earned: −$18.47
Price spread: +0.008% → 0.000%: $0.78
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$31.69
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Binance: live order book, 15 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 Paradex no order-book sample	—	—	—	—	—
Sell Binance live order book, 15 min ago	0.64 bp	10.2 bp −$10	23.4 bp −$234	112.1 bp −$11.2K	doesn't fit

Paradex: 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 XPTUSDC	−0.0011%	4h	1,791.2	+0.001%	$39K	$282K	10x	as long as short
Aster XPTUSDT	0.0000%	4h	1,791.3	+0.003%	$14K	$10K	20x	as long as short
Binance XPTUSDTshort	0.0000%	4h	1,791.3	+0.008%	$4.6M	$5.8M	100x
MEXC XPT_USDT	0.0000%	4h	1,791.4	+0.008%	$23.0M	$715K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,791.3	+0.004%	$252K	$199K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,791.1	−0.008%	$11K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,789	−0.122%	$229	—	150x	as long as short
BloFin XPT-USDT	+0.0024%	4h	1,790.8	−0.022%	$87K	$74K	100x	as long as short
Injective XPT/USDC PERP	+0.0033%	1h	1,811.1	+1.113%	$6K	$34K	52x	as long as short
Vest PL-PERP	+0.0046%	1h	1,787.5	−0.207%	—	$50	25x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,789.3	−0.106%	$3.4M	$1.1M	20x	as long as short
Gate XPT_USDT	+0.0056%	4h	1,791.8	+0.035%	$653K	$584K	100x	as long as short
Bitget XPTUSDT	+0.0066%	4h	1,790.4	−0.044%	$1.3M	$609K	100x	as long as short
Paradex XPT-USD-PERPlong	+0.0088%	8h	1,791.2	long leg	$3K	—	5x
Pacifica PLATINUM	+0.0100%	1h	1,789.3	−0.109%	$13K	$34K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,790.7	−0.027%	$236K	$41K	75x	as long as short
GRVT XPT_USDT_Perp	+0.0100%	4h	1,789.7	−0.082%	$207K	$760K	25x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,790	−0.068%	$304	—	10x	as long as short
Lighter XPT	+0.0320%	1h	1,791.9	+0.039%	$358K	$51K	20x	as long as short
Extended XPT-USD	+0.0456%	1h	1,789.7	−0.082%	$147K	$706K	10x	as long as short
OKX XPT-USDT-SWAP	+0.0597%	8h	1,791.2	0.000%	$912K	$1.1M	50x	as long as short