Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h −0.095%

Price spread now: gTrade (Gains Network) against edgeX−0.224%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on gTrade (Gains Network)

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

Funding pays, the price is against you. gTrade (Gains Network) is 0.224% cheaper against edgeX than usual: you would sell low and buy high (spread −0.224% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 30 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XPTUSDC	1,792.9	−0.0019	get 0.0010% / 4h	1h 44m	$39K	$282K	10x
Short	gTrade (Gains Network) XPT/USD	1,788.9	L +0.0006% / S −0.0006%	get 0.0001% / 1h	44m 19s	$229	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against edgeX. 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 edgeXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.224%Rate

Funding earned: $5.25
Price spread: −0.224% → 0.000%: −$22.37
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$36.13
Costs to cover: 0.190%
Break-even: 55.2 days

Slippage unknown: edgeX: live order book, 1 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 edgeX live order book, 1 min ago	6.82 bp	12.1 bp −$12	142.1 bp −$1,421	doesn't fit	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 exchanges

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
edgeX XPTUSDClong	−0.0019%	4h	1,792.9	long leg	$39K	$282K	10x
Aster XPTUSDT	0.0000%	4h	1,791.4	−0.080%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,791.4	−0.085%	$4.6M	$6.0M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,790.6	−0.126%	$23.0M	$713K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,791.6	−0.074%	$251K	$196K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,791.4	−0.082%	$11K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USDshort	L +0.0006% / S −0.0006%	1h	1,788.9	−0.224%	$229	—	150x
Vest PL-PERP	+0.0046%	1h	1,786.7	−0.345%	—	—	25x	as long as short
BloFin XPT-USDT	+0.0053%	4h	1,791.6	−0.070%	$87K	$75K	100x	as long as short
Bitget XPTUSDT	+0.0076%	4h	1,791	−0.105%	$1.3M	$626K	100x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PLATINUM	+0.0100%	1h	1,788.7	−0.236%	$13K	$34K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,791.1	−0.102%	$236K	$41K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,790.9	−0.113%	$304	—	10x	as long as short
Gate XPT_USDT	+0.0122%	4h	1,791.8	−0.063%	$642K	$597K	100x	as long as short
tradeXYZ xyz:PLATINUM	+0.0134%	1h	1,789.3	−0.200%	$3.4M	$1.1M	20x	as long as short
GRVT XPT_USDT_Perp	+0.0146%	4h	1,792.6	−0.018%	$207K	$757K	25x	as long as short
Paradex XPT-USD-PERP	+0.0156%	8h	1,791.3	−0.088%	$3K	—	5x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,811.1	+1.018%	$6K	$34K	52x	as long as short
Lighter XPT	+0.0504%	1h	1,792.5	−0.021%	$358K	$51K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0517%	8h	1,791.6	−0.071%	$908K	$1.1M	50x	as long as short
Extended XPT-USD	+0.0736%	1h	1,788.7	−0.233%	$147K	$706K	10x	as long as short