Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1012%/8h= +110.8% APRpaid last 24h +0.068%

Price spread now: MEXC against Vest+0.121%7-day average — · you sell dearer than you buy

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

Long on Vest Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and MEXC is 0.121% dearer against Vest than usual: you sell high and buy low: +$12 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	Vest PL-PERP	1,791.8	0.0046	pay 0.0006% / 1h	37m 28s	—	$50	25x
Short	MEXC XPT_USDT	1,794	0.1058	get 0.0529% / 4h	3h 37m	$23.5M	$600K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Vest. 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 VestbpFee MEXCbpOrdersPrice spread, now +0.121%Rate

Funding earned: $212.59
Price spread: +0.121% → 0.000%: $12.11
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee MEXC: 0 bp × 2 orders: $0
Net: $222.7
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; MEXC: live order book, 1 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 Vest no order-book sample	—	—	—	—	—
Sell MEXC live order book, 1 min ago	9.42 bp	14.0 bp −$14	16.1 bp −$161	57.2 bp −$5,720	240.8 bp −$120.4K

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 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	1,794.3	+0.137%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,791.4	−0.021%	$230	—	150x	as long as short
Vest PL-PERPlong	+0.0046%	1h	1,791.8	long leg	—	$50	25x
Pacifica PLATINUM	+0.0100%	1h	1,790.9	−0.052%	$13K	$30K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813.7	+1.219%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0304%	1h	1,795.9	+0.226%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0425%	1h	1,793.4	+0.089%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0702%	4h	1,793.9	+0.114%	$248K	$40K	75x	as long as short
Gate XPT_USDT	+0.0740%	4h	1,795.9	+0.226%	$730K	$509K	100x	as long as short
Paradex XPT-USD-PERP	+0.0828%	8h	1,795	+0.180%	$3K	—	5x	as long as short

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	+0.246%	$355K	$19K	20x	as long as short
Aster XPTUSDT	+0.0998%	4h	1,793.2	+0.080%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.0999%	4h	1,794.5	+0.149%	$280K	$199K	—	as long as short
BloFin XPT-USDT	+0.1044%	4h	1,794.9	+0.171%	$89K	$68K	100x	as long as short
edgeX XPTUSDC	+0.1057%	4h	1,794.5	+0.153%	$39K	$282K	10x	as long as short
MEXC XPT_USDTshort	+0.1058%	4h	1,794	+0.121%	$23.5M	$600K	100x
Binance XPTUSDT	+0.1061%	4h	1,795.5	+0.206%	$4.5M	$4.3M	100x	as long as short
OKX XPT-USDT-SWAP	+0.1128%	8h	1,794.9	+0.173%	$950K	$628K	50x	as long as short
Extended XPT-USD	+0.1136%	1h	1,791.1	−0.039%	$203K	$613K	10x	as long as short
Bitget XPTUSDT	+0.1142%	4h	1,794.1	+0.129%	$1.4M	$469K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1346%	4h	1,794.2	+0.135%	$205K	$814K	25x	as long as short