Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0678%/8h= −74.2% APRpaid last 24h −0.086%

Price spread now: gTrade (Gains Network) against BloFin−0.145%7-day average — · you buy dearer than you sell

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

Long on BloFin 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 −$20 a day on $10k at the current rate, and gTrade (Gains Network) is 0.145% cheaper against BloFin 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	BloFin XPT-USDT	1,788	0.0684	pay 0.0342% / 4h	31m 54s	$96K	$69K	100x
Short	gTrade (Gains Network) XPT/USD	1,785.4	L +0.0006% / S −0.0006%	get 0.0001% / 1h	31m 54s	$229	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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 BloFinbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.145%Rate

Funding earned: −$142.35
Price spread: −0.145% → 0.000%: −$14.54
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$178.89
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

BloFin and 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	1,788.5	+0.031%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDshort	L +0.0006% / S −0.0006%	1h	1,785.4	−0.145%	$229	—	150x
Vest PL-PERP	+0.0046%	1h	1,785.2	−0.154%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,786.1	−0.104%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,785.5	−0.138%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,788.1	+0.008%	$239K	$40K	75x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,803.6	+0.875%	$6K	$34K	52x	as long as short
Lighter XPT	+0.0304%	1h	1,788.5	+0.030%	$356K	$24K	20x	as long as short
Paradex XPT-USD-PERP	+0.0310%	8h	1,788	+0.002%	$3K	—	5x	as long as short
Aevo PLATINUM-PERP	+0.0424%	1h	1,788	+0.002%	$304	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0573%	4h	1,786.5	−0.083%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0619%	4h	1,786.4	−0.089%	$237K	$201K	—	as long as short
Gate XPT_USDT	+0.0630%	4h	1,789.3	+0.076%	$701K	$541K	100x	as long as short
Binance XPTUSDT	+0.0634%	4h	1,788.5	+0.028%	$4.7M	$5.0M	100x	as long as short
MEXC XPT_USDT	+0.0640%	4h	1,787.9	−0.003%	$23.3M	$651K	100x	as long as short
Extended XPT-USD	+0.0672%	1h	1,785.1	−0.159%	$154K	$699K	10x	as long as short
BloFin XPT-USDTlong	+0.0684%	4h	1,788	long leg	$96K	$69K	100x
edgeX XPTUSDC	+0.0696%	4h	1,787.4	−0.033%	$39K	$281K	10x	as long as short
Bitget XPTUSDT	+0.0708%	4h	1,785.7	−0.125%	$1.4M	$494K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0840%	4h	1,788.1	+0.007%	$205K	$774K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1098%	8h	1,788.5	+0.030%	$1.0M	$752K	50x	as long as short