Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.014%

Price spread now: Pacifica against Binance−0.195%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 Pacifica

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Pacifica is 0.195% cheaper against Binance than usual: you would sell low and buy high (−$20 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	1,814.8	0.0287	pay 0.0143% / 4h	3h 26m	$4.3M	$4.0M	100x
Short	Pacifica PLATINUM	1,811.2	0.0100	get 0.0013% / 1h	26m 38s	$17K	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.195%Rate

Funding earned: −$39.22
Price spread: −0.195% → 0.000%: −$19.53
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$76.75
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 10 min ago; Pacifica: 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, 10 min ago	0.03 bp	10.1 bp −$10	23.4 bp −$234	123.5 bp −$12.3K	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	1,818.5	+0.204%	$10K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,811.7	−0.171%	$232	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,811.4	−0.185%	—	$50	25x	as long as short
Pacifica PLATINUMshort	+0.0100%	1h	1,811.2	−0.195%	$17K	$25K	10x
KuCoin XPTUSDTM	+0.0100%	4h	1,815.7	+0.054%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,814.9	+0.006%	$309	—	10x	as long as short
Extended XPT-USD	+0.0112%	1h	1,811.1	−0.204%	$208K	$500K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0125%	1h	1,813.6	−0.064%	$3.6M	$1.1M	20x	as long as short
Variational Omni XPT	+0.0204%	4h	1,816.6	+0.102%	$288K	$326K	—	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,835.4	+1.137%	$6K	$34K	52x	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	+0.0222%	4h	1,815.4	+0.035%	$679K	$358K	100x	as long as short
BloFin XPT-USDT	+0.0226%	4h	1,814.9	+0.006%	$86K	$64K	100x	as long as short
edgeX XPTUSDC	+0.0247%	4h	1,816.5	+0.096%	$40K	$284K	10x	as long as short
MEXC XPT_USDT	+0.0280%	4h	1,813.4	−0.077%	$23.9M	$671K	100x	as long as short
Binance XPTUSDTlong	+0.0287%	4h	1,814.8	long leg	$4.3M	$4.0M	100x
Aster XPTUSDT	+0.0318%	4h	1,813.5	−0.071%	$15K	$12K	20x	as long as short
Paradex XPT-USD-PERP	+0.0357%	8h	1,814.8	+0.001%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0380%	4h	1,813.9	−0.048%	$1.3M	$338K	100x	as long as short
Lighter XPT	+0.0416%	1h	1,815.7	+0.052%	$359K	$16K	20x	as long as short
GRVT XPT_USDT_Perp	+0.0642%	4h	1,816.4	+0.088%	$208K	$1.0M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0705%	8h	1,815	+0.013%	$907K	$542K	50x	as long as short