Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0752%/8h= +82.4% APRpaid last 24h +0.053%

Price spread now: Binance against Pacifica+0.229%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Binance is 0.229% dearer against Pacifica than usual: you sell high and buy low: +$23 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	Pacifica PLATINUM	1,781.6	0.0100	pay 0.0013% / 1h	59m 28s	$13K	$29K	10x
Short	Binance XPTUSDT	1,785.7	0.0852	get 0.0426% / 4h	59m 28s	$4.7M	$5.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now +0.229%Rate

Funding earned: $157.99
Price spread: +0.229% → 0.000%: $22.86
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $162.85
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; Binance: live order book, 8 min ago. 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 Pacifica no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	0.03 bp	7.1 bp −$7	20.1 bp −$201	106.8 bp −$10.7K	doesn't fit

Pacifica: 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	1,785.4	+0.212%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,782.3	+0.038%	$229	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,781.8	+0.010%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,783.3	+0.094%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUMlong	+0.0100%	1h	1,781.6	long leg	$13K	$29K	10x
KuCoin XPTUSDTM	+0.0208%	4h	1,784.9	+0.182%	$239K	$42K	75x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,802.2	+1.156%	$6K	$34K	52x	as long as short
Paradex XPT-USD-PERP	+0.0401%	8h	1,783.7	+0.118%	$3K	—	5x	as long as short
Aevo PLATINUM-PERP	+0.0488%	1h	1,784.5	+0.163%	$303	—	10x	as long as short
Lighter XPT	+0.0576%	1h	1,784.7	+0.173%	$355K	$23K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XPT_USDT	+0.0656%	4h	1,785.8	+0.234%	$715K	$533K	100x	as long as short
Extended XPT-USD	+0.0720%	1h	1,781	−0.035%	$203K	$632K	10x	as long as short
Aster XPTUSDT	+0.0777%	4h	1,784.1	+0.142%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0817%	4h	1,783.4	+0.099%	$263K	$185K	—	as long as short
Binance XPTUSDTshort	+0.0852%	4h	1,785.7	+0.229%	$4.7M	$5.0M	100x
MEXC XPT_USDT	+0.0858%	4h	1,785	+0.189%	$23.3M	$648K	100x	as long as short
edgeX XPTUSDC	+0.0876%	4h	1,783.2	+0.090%	$39K	$283K	10x	as long as short
Bitget XPTUSDT	+0.0896%	4h	1,784.4	+0.158%	$1.4M	$499K	100x	as long as short
BloFin XPT-USDT	+0.0909%	4h	1,783.4	+0.101%	$96K	$69K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0978%	4h	1,783.1	+0.084%	$204K	$779K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1181%	8h	1,786.1	+0.252%	$1.0M	$744K	50x	as long as short