Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1100%/8h= −120.5% APRpaid last 24h −0.081%

Price spread now: gTrade (Gains Network) against Binance−0.154%7-day average — · you buy dearer than you sell

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

Long on Binance Short on gTrade (Gains Network)

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—needs both histories

Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and gTrade (Gains Network) is 0.154% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPTUSDT	1,783.7	0.1106	pay 0.0553% / 4h	1h 39m	$4.5M	$4.8M	100x
Short	gTrade (Gains Network) XPT/USD	1,781	L +0.0006% / S −0.0006%	get 0.0001% / 1h	39m 10s	$228	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.154%Rate

Funding earned: −$231.1
Price spread: −0.154% → 0.000%: −$15.42
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$266.52
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 min ago; gTrade (Gains Network): 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, 13 min ago	0.03 bp	11.0 bp −$11	26.2 bp −$262	118.7 bp −$11.9K	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.013%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDshort	L +0.0006% / S −0.0006%	1h	1,781	−0.154%	$228	—	150x
Vest PL-PERP	+0.0046%	1h	1,781	−0.153%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,781.4	−0.129%	$13K	$29K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0168%	1h	1,780.9	−0.159%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,809.9	+1.467%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTM	+0.0510%	4h	1,784.3	+0.031%	$238K	$42K	75x	as long as short
Aevo PLATINUM-PERP	+0.0528%	1h	1,784.7	+0.052%	$303	—	10x	as long as short
Paradex XPT-USD-PERP	+0.0555%	8h	1,784	+0.016%	$3K	—	5x	as long as short
Extended XPT-USD	+0.0640%	1h	1,780.7	−0.170%	$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	1,785.6	+0.105%	$353K	$18K	20x	as long as short
Gate XPT_USDT	+0.0774%	4h	1,785.3	+0.088%	$719K	$537K	100x	as long as short
Aster XPTUSDT	+0.1040%	4h	1,784	+0.013%	$15K	$10K	20x	as long as short
BloFin XPT-USDT	+0.1055%	4h	1,784.3	+0.030%	$96K	$69K	100x	as long as short
Variational Omni XPT	+0.1062%	4h	1,785.2	+0.085%	$260K	$192K	—	as long as short
Binance XPTUSDTlong	+0.1106%	4h	1,783.7	long leg	$4.5M	$4.8M	100x
MEXC XPT_USDT	+0.1112%	4h	1,783	−0.039%	$23.3M	$637K	100x	as long as short
Bitget XPTUSDT	+0.1136%	4h	1,783	−0.042%	$1.4M	$514K	100x	as long as short
edgeX XPTUSDC	+0.1144%	4h	1,785.1	+0.074%	$39K	$281K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1214%	4h	1,784.7	+0.054%	$205K	$799K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1282%	8h	1,783.7	−0.002%	$1.0M	$739K	50x	as long as short