Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0704%/8h= +77.1% APRpaid last 24h +0.080%

Price spread now: Paradex against gTrade (Gains Network)+0.206%7-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 Paradex

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

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Paradex is 0.206% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) XPT/USD	1,789.9	L +0.0006% / S −0.0006%	pay 0.0001% / 1h	8m 13s	$230	—	150x
Short	Paradex XPT-USD-PERP	1,793.6	0.0711	get 0.0711% / 8h	2h 08m	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.206%Rate

Funding earned: $147.94
Price spread: +0.206% → 0.000%: $20.6
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $154.54
Costs to cover: 0.140%
Break-even: from the start

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

gTrade (Gains Network) and Paradex: 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	1,793.9	+0.225%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USDlong	L +0.0006% / S −0.0006%	1h	1,789.9	long leg	$230	—	150x
Vest PL-PERP	+0.0046%	1h	1,790.8	+0.052%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,792.2	+0.127%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,806.8	+0.946%	$6K	$34K	52x	as long as short
tradeXYZ xyz:PLATINUM	+0.0463%	1h	1,791	+0.063%	$3.6M	$1.1M	20x	as long as short
Aevo PLATINUM-PERP	+0.0536%	1h	1,793.8	+0.220%	$305	—	10x	as long as short
KuCoin XPTUSDTM	+0.0676%	4h	1,792.7	+0.160%	$248K	$41K	75x	as long as short
Paradex XPT-USD-PERPshort	+0.0711%	8h	1,793.6	+0.206%	$3K	—	5x
Gate XPT_USDT	+0.0878%	4h	1,794.8	+0.278%	$723K	$537K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XPT-USD	+0.0944%	1h	1,789.7	−0.010%	$206K	$628K	10x	as long as short
Lighter XPT	+0.0968%	1h	1,794.5	+0.259%	$355K	$19K	20x	as long as short
Aster XPTUSDT	+0.1201%	4h	1,790.4	+0.031%	$15K	$9K	20x	as long as short
Variational Omni XPT	+0.1220%	4h	1,792.8	+0.163%	$261K	$200K	—	as long as short
Binance XPTUSDT	+0.1265%	4h	1,793.3	+0.191%	$4.5M	$4.6M	100x	as long as short
MEXC XPT_USDT	+0.1270%	4h	1,791	+0.065%	$23.4M	$618K	100x	as long as short
Bitget XPTUSDT	+0.1280%	4h	1,792.7	+0.156%	$1.4M	$505K	100x	as long as short
edgeX XPTUSDC	+0.1290%	4h	1,792.6	+0.150%	$39K	$281K	10x	as long as short
BloFin XPT-USDT	+0.1303%	4h	1,793.6	+0.210%	$93K	$69K	100x	as long as short
OKX XPT-USDT-SWAP	+0.1327%	8h	1,793.7	+0.214%	$997K	$698K	50x	as long as short
GRVT XPT_USDT_Perp	+0.1484%	4h	1,793.4	+0.200%	$206K	$808K	25x	as long as short