Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1256%/8h= +137.6% APRpaid last 24h +0.086%

Price spread now: BloFin against gTrade (Gains Network)+0.273%50s7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on BloFin

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 for this trade now. Funding pays +$38 a day on $10k at the current rate, and BloFin is 0.273% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XPT/USD	1,791.3	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	5m 45s	$230	—	150x
Short	BloFin XPT-USDT	1,796.2	0.1262	get 0.0631% / 4h	3h 05m	$89K	$68K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BloFinbpOrdersPrice spread, now +0.273%Rate

Funding earned: $263.8
Price spread: +0.273% → 0.000%: $27.3
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $269.1
Costs to cover: 0.220%
Break-even: from the start

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

gTrade (Gains Network) and BloFin: 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	1,795.8	+0.248%	$10K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDlong	L +0.0006% / S −0.0006%	1h	1,791.3	long leg	$230	—	150x
Vest PL-PERP	+0.0046%	1h	1,791.8	+0.027%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,794.6	+0.185%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,814.9	+1.317%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0408%	1h	1,797.2	+0.329%	$306	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0572%	1h	1,794.6	+0.184%	$3.6M	$1.0M	20x	as long as short
KuCoin XPTUSDTM	+0.0752%	4h	1,797.1	+0.322%	$249K	$40K	75x	as long as short
Paradex XPT-USD-PERP	+0.0755%	8h	1,797	+0.320%	$3K	—	5x	as long as short
Gate XPT_USDT	+0.0880%	4h	1,796.2	+0.275%	$730K	$511K	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	1,797.3	+0.334%	$355K	$20K	20x	as long as short
Aster XPTUSDT	+0.1166%	4h	1,793.2	+0.107%	$14K	$9K	20x	as long as short
Variational Omni XPT	+0.1180%	4h	1,796.3	+0.281%	$280K	$189K	—	as long as short
edgeX XPTUSDC	+0.1208%	4h	1,795.4	+0.230%	$39K	$282K	10x	as long as short
MEXC XPT_USDT	+0.1214%	4h	1,792.9	+0.089%	$23.5M	$601K	100x	as long as short
OKX XPT-USDT-SWAP	+0.1217%	8h	1,796.4	+0.284%	$954K	$617K	50x	as long as short
Binance XPTUSDT	+0.1223%	4h	1,796.6	+0.295%	$4.5M	$4.3M	100x	as long as short
BloFin XPT-USDTshort	+0.1262%	4h	1,796.2	+0.273%	$89K	$68K	100x
Bitget XPTUSDT	+0.1280%	4h	1,795.1	+0.213%	$1.4M	$472K	100x	as long as short
Extended XPT-USD	+0.1368%	1h	1,791.4	+0.002%	$205K	$617K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1740%	4h	1,795.1	+0.214%	$206K	$815K	25x	as long as short