Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0433%/8h= −47.4% APRpaid last 24h −0.040%

Price spread now: Aevo against Binance+0.049%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.049% dearer against Binance than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPTUSDT	1,784	0.0937	pay 0.0468% / 4h	1h 15m	$4.5M	$4.8M	100x
Short	Aevo PLATINUM-PERP	1,784.9	0.0504	get 0.0063% / 1h	15m 22s	$303	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now +0.049%Rate

Funding earned: −$90.93
Price spread: +0.049% → 0.000%: $4.94
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$111.99
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago	0.25 bp	10.4 bp −$10	24.9 bp −$249	118.3 bp −$11.8K	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	+0.091%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,781.3	−0.150%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,780.8	−0.178%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,780.9	−0.172%	$13K	$29K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0114%	1h	1,782	−0.111%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,801.4	+0.976%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0310%	4h	1,783.8	−0.012%	$238K	$42K	75x	as long as short
Paradex XPT-USD-PERP	+0.0449%	8h	1,783.9	−0.006%	$3K	—	5x	as long as short
Aevo PLATINUM-PERPshort	+0.0504%	1h	1,784.9	+0.049%	$303	—	10x
Lighter XPT	+0.0624%	1h	1,784.8	+0.046%	$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	+0.050%	$716K	$539K	100x	as long as short
Extended XPT-USD	+0.0712%	1h	1,781.2	−0.156%	$201K	$626K	10x	as long as short
Aster XPTUSDT	+0.0861%	4h	1,784.1	+0.006%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0886%	4h	1,783.7	−0.015%	$260K	$185K	—	as long as short
Binance XPTUSDTlong	+0.0937%	4h	1,784	long leg	$4.5M	$4.8M	100x
MEXC XPT_USDT	+0.0940%	4h	1,783.6	−0.020%	$23.3M	$643K	100x	as long as short
edgeX XPTUSDC	+0.0944%	4h	1,783.9	−0.004%	$39K	$282K	10x	as long as short
BloFin XPT-USDT	+0.0958%	4h	1,783.9	−0.002%	$96K	$69K	100x	as long as short
Bitget XPTUSDT	+0.0992%	4h	1,783.8	−0.012%	$1.4M	$507K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1058%	4h	1,783.7	−0.018%	$205K	$780K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1223%	8h	1,785	+0.057%	$1.0M	$743K	50x	as long as short