Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0828%/8h= −90.7% APRpaid last 24h −0.082%

Price spread now: HTX against Paradex−0.043%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on HTX

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

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and HTX is 0.043% cheaper against Paradex than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XPT-USD-PERP	1,795	0.0828	pay 0.0828% / 8h	3h 37m	$3K	—	5x
Short	HTX XPT-USDT	1,794.3	0	get 0.0000% / 4h	3h 37m	$11K	$38K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$173.9
Price spread: −0.043% → 0.000%: −$4.33
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: −$194.23
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; HTX: no order-book sample. 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 HTX no order-book sample	—	—	—	—	—

Paradex and HTX: 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-USDTshort	0.0000%	4h	1,794.3	−0.043%	$11K	$38K	30x
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,791.4	−0.201%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,791.8	−0.180%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,790.9	−0.232%	$13K	$30K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.7	+1.038%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0304%	1h	1,795.9	+0.046%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0425%	1h	1,793.4	−0.091%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0702%	4h	1,793.9	−0.066%	$248K	$40K	75x	as long as short
Gate XPT_USDT	+0.0740%	4h	1,795.9	+0.046%	$730K	$509K	100x	as long as short
Paradex XPT-USD-PERPlong	+0.0828%	8h	1,795	long leg	$3K	—	5x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.0840%	1h	1,796.2	+0.065%	$355K	$19K	20x	as long as short
Aster XPTUSDT	+0.0998%	4h	1,793.2	−0.100%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.0999%	4h	1,794.5	−0.031%	$280K	$199K	—	as long as short
BloFin XPT-USDT	+0.1044%	4h	1,794.9	−0.009%	$89K	$68K	100x	as long as short
edgeX XPTUSDC	+0.1057%	4h	1,794.5	−0.027%	$39K	$282K	10x	as long as short
MEXC XPT_USDT	+0.1058%	4h	1,794	−0.059%	$23.5M	$600K	100x	as long as short
Binance XPTUSDT	+0.1061%	4h	1,795.5	+0.026%	$4.5M	$4.3M	100x	as long as short
OKX XPT-USDT-SWAP	+0.1128%	8h	1,794.9	−0.007%	$950K	$628K	50x	as long as short
Extended XPT-USD	+0.1136%	1h	1,791.1	−0.218%	$203K	$613K	10x	as long as short
Bitget XPTUSDT	+0.1142%	4h	1,794.1	−0.051%	$1.4M	$469K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1346%	4h	1,794.2	−0.045%	$205K	$814K	25x	as long as short