Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.072%

Price spread now: Vest against Variational Omni−0.172%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Vest

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 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.172% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.172% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XPT	1,791.3	0	get 0.0000% / 4h	2h 16m	$252K	$199K	—
Short	Vest PL-PERP	1,788.2	0.0046	get 0.0006% / 1h	16m 25s	—	$50	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.172%Rate

Funding earned: $9.59
Price spread: −0.172% → 0.000%: −$17.18
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$9.59
Costs to cover: 0.020%
Break-even: 14.0 days

Slippage unknown: Variational Omni: RFQ quote, 35 min ago; Vest: 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, 35 min ago	3.29 bp	doesn't fit	33.6 bp −$336	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.004%	$39K	$282K	10x	as long as short
Aster XPTUSDT	0.0000%	4h	1,791.6	+0.021%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,791.3	+0.003%	$4.6M	$5.8M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,791.7	+0.025%	$23.0M	$715K	100x	as long as short
Variational Omni XPTlong	0.0000%	4h	1,791.3	long leg	$252K	$199K	—
HTX XPT-USDT	0.0000%	4h	1,791.1	−0.012%	$11K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,789.7	−0.086%	$230	—	150x	as long as short
BloFin XPT-USDT	+0.0024%	4h	1,790.8	−0.026%	$87K	$74K	100x	as long as short
Injective XPT/USDC PERP	+0.0033%	1h	1,811.1	+1.108%	$6K	$34K	52x	as long as short
Vest PL-PERPshort	+0.0046%	1h	1,788.2	−0.172%	—	$50	25x

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,789.9	−0.077%	$3.4M	$1.1M	20x	as long as short
Gate XPT_USDT	+0.0056%	4h	1,791.8	+0.030%	$653K	$584K	100x	as long as short
Bitget XPTUSDT	+0.0066%	4h	1,790.5	−0.046%	$1.3M	$609K	100x	as long as short
Paradex XPT-USD-PERP	+0.0088%	8h	1,791.2	−0.004%	$3K	—	5x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,789.3	−0.113%	$13K	$34K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,790.7	−0.032%	$236K	$41K	75x	as long as short
GRVT XPT_USDT_Perp	+0.0100%	4h	1,789.7	−0.086%	$207K	$760K	25x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,790	−0.072%	$304	—	10x	as long as short
Lighter XPT	+0.0320%	1h	1,791.9	+0.035%	$358K	$51K	20x	as long as short
Extended XPT-USD	+0.0456%	1h	1,789.7	−0.086%	$147K	$706K	10x	as long as short
OKX XPT-USDT-SWAP	+0.0594%	8h	1,791.2	−0.004%	$912K	$1.1M	50x	as long as short