Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1071%/8h= −117.3% APRpaid last 24h −0.021%

Price spread now: Injective against BloFin+1.257%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Injective

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—needs both histories

The price spread pays, funding is against you. Injective is 1.257% dearer against BloFin than usual: you sell high and buy low (spread +1.257% now, against zero (this spread has no 7-day history yet)): +$126 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPT-USDT	1,791.3	0.1291	pay 0.0645% / 4h	2h 24m	$94K	$68K	100x
Short	Injective XPT/USDC PERP	1,813.8	0.0220	get 0.0028% / 1h	24m 16s	$6K	$34K	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +1.257%Rate

Funding earned: −$224.91
Price spread: +1.257% → 0.000%: $125.72
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$111.21
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

BloFin and Injective: 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	1,788.1	−0.177%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,786	−0.299%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,787.5	−0.213%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,788.8	−0.138%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERPshort	+0.0220%	1h	1,813.8	+1.257%	$6K	$34K	52x
Aevo PLATINUM-PERP	+0.0520%	1h	1,790.3	−0.056%	$304	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0528%	1h	1,787.7	−0.202%	$3.6M	$1.1M	20x	as long as short
KuCoin XPTUSDTM	+0.0772%	4h	1,789.8	−0.084%	$248K	$40K	75x	as long as short
Paradex XPT-USD-PERP	+0.0784%	8h	1,790.1	−0.067%	$3K	—	5x	as long as short
Gate XPT_USDT	+0.0894%	4h	1,792.2	+0.051%	$728K	$530K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.1040%	1h	1,791.9	+0.033%	$354K	$19K	20x	as long as short
Aster XPTUSDT	+0.1252%	4h	1,789.3	−0.112%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.1261%	4h	1,790	−0.071%	$271K	$193K	—	as long as short
Extended XPT-USD	+0.1280%	1h	1,785.3	−0.334%	$205K	$628K	10x	as long as short
BloFin XPT-USDTlong	+0.1291%	4h	1,791.3	long leg	$94K	$68K	100x
MEXC XPT_USDT	+0.1312%	4h	1,788.2	−0.176%	$23.4M	$616K	100x	as long as short
Binance XPTUSDT	+0.1313%	4h	1,789.5	−0.103%	$4.5M	$4.5M	100x	as long as short
edgeX XPTUSDC	+0.1319%	4h	1,788	−0.184%	$39K	$281K	10x	as long as short
OKX XPT-USDT-SWAP	+0.1322%	8h	1,790.6	−0.040%	$995K	$682K	50x	as long as short
Bitget XPTUSDT	+0.1334%	4h	1,788.6	−0.152%	$1.4M	$499K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1644%	4h	1,786.8	−0.252%	$205K	$810K	25x	as long as short