Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0382%/8h= −41.8% APRpaid last 24h −0.029%

Price spread now: Aevo against Variational Omni+0.064%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aevo

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 airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.064% dearer against Variational Omni than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XPT	1,783.7	0.0886	pay 0.0443% / 4h	1h 15m	$260K	$185K	—
Short	Aevo PLATINUM-PERP	1,784.9	0.0504	get 0.0063% / 1h	15m 09s	$303	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now +0.064%Rate

Funding earned: −$80.14
Price spread: +0.064% → 0.000%: $6.41
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$89.73
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Aevo: 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 Variational Omni RFQ quote, 29 min ago	2.72 bp	doesn't fit	35.5 bp −$355	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	1,785.6	+0.106%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,781.2	−0.144%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,780.8	−0.164%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,780.9	−0.157%	$13K	$29K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0114%	1h	1,782	−0.096%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,802.2	+1.037%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0310%	4h	1,784.3	+0.034%	$238K	$42K	75x	as long as short
Paradex XPT-USD-PERP	+0.0449%	8h	1,783.9	+0.009%	$3K	—	5x	as long as short
Aevo PLATINUM-PERPshort	+0.0504%	1h	1,784.9	+0.064%	$303	—	10x
Lighter XPT	+0.0624%	1h	1,785.8	+0.117%	$354K	$22K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XPT_USDT	+0.0710%	4h	1,784.9	+0.065%	$716K	$539K	100x	as long as short
Extended XPT-USD	+0.0712%	1h	1,782.1	−0.092%	$201K	$626K	10x	as long as short
Aster XPTUSDT	+0.0861%	4h	1,784.1	+0.024%	$15K	$10K	20x	as long as short
Variational Omni XPTlong	+0.0886%	4h	1,783.7	long leg	$260K	$185K	—
BloFin XPT-USDT	+0.0908%	4h	1,784.5	+0.044%	$96K	$69K	100x	as long as short
Binance XPTUSDT	+0.0937%	4h	1,785.1	+0.078%	$4.5M	$4.8M	100x	as long as short
MEXC XPT_USDT	+0.0940%	4h	1,783.7	−0.002%	$23.3M	$643K	100x	as long as short
edgeX XPTUSDC	+0.0944%	4h	1,783.9	+0.011%	$39K	$282K	10x	as long as short
Bitget XPTUSDT	+0.0992%	4h	1,784.9	+0.067%	$1.4M	$507K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1058%	4h	1,783.7	−0.003%	$205K	$780K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1221%	8h	1,786	+0.128%	$1.0M	$743K	50x	as long as short