Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.039%

Price spread now: Paradex against Aevo−0.066%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Paradex

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

Funding pays, the price is against you. Paradex is 0.066% cheaper against Aevo than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8.1 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	Aevo PLATINUM-PERP	1,785.2	0.0528	pay 0.0066% / 1h	39m 40s	$303	—	10x
Short	Paradex XPT-USD-PERP	1,784	0.0555	get 0.0555% / 8h	1h 39m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aevo. 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 AevobpFee ParadexbpOrdersPrice spread, now −0.066%Rate

Funding earned: $5.72
Price spread: −0.066% → 0.000%: −$6.58
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$20.86
Costs to cover: 0.200%
Break-even: 32.5 days

Slippage unknown: Aevo: no order-book sample; Paradex: 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 Aevo no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Aevo and 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 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	1,783.5	−0.095%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,782	−0.179%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,781.8	−0.190%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,781.4	−0.211%	$13K	$29K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0173%	1h	1,782.5	−0.151%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,809.9	+1.383%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0510%	4h	1,784.7	−0.030%	$238K	$42K	75x	as long as short
Aevo PLATINUM-PERPlong	+0.0528%	1h	1,785.2	long leg	$303	—	10x
Paradex XPT-USD-PERPshort	+0.0555%	8h	1,784	−0.066%	$3K	—	5x
Extended XPT-USD	+0.0640%	1h	1,781.2	−0.223%	$201K	$629K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.0680%	1h	1,785.8	+0.034%	$353K	$18K	20x	as long as short
Gate XPT_USDT	+0.0782%	4h	1,786.4	+0.065%	$719K	$536K	100x	as long as short
Aster XPTUSDT	+0.1040%	4h	1,784.4	−0.047%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.1062%	4h	1,785.2	+0.003%	$260K	$192K	—	as long as short
BloFin XPT-USDT	+0.1099%	4h	1,785.3	+0.007%	$96K	$69K	100x	as long as short
Binance XPTUSDT	+0.1106%	4h	1,784.5	−0.042%	$4.5M	$4.8M	100x	as long as short
MEXC XPT_USDT	+0.1112%	4h	1,784.2	−0.055%	$23.3M	$637K	100x	as long as short
Bitget XPTUSDT	+0.1136%	4h	1,783.5	−0.093%	$1.4M	$514K	100x	as long as short
edgeX XPTUSDC	+0.1152%	4h	1,784.6	−0.034%	$39K	$283K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1230%	4h	1,785.3	+0.006%	$205K	$799K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1285%	8h	1,784.3	−0.050%	$1.0M	$738K	50x	as long as short