Funding arb · Price arb /

XPT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.001%

Price spread now: KuCoin against Pacifica+0.281%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 KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 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 +$8 a day on $10k at the current rate, and KuCoin is 0.281% dearer against Pacifica than usual: you sell high and buy low: +$28 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	1,796	0.0100	pay 0.0013% / 1h	51m 35s	$13K	$28K	10x
Short	KuCoin XPTUSDTM	1,801.1	0.0376	get 0.0188% / 4h	1h 51m	$201K	$17K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.281%Rate

Funding earned: $57.96
Price spread: +0.281% → 0.000%: $28.12
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $66.08
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Pacifica: no order-book sample; KuCoin: live order book, 44 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 KuCoin live order book, 44 min ago	8.74 bp	23.6 bp −$24	194.7 bp −$1,947	doesn't fit	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 20 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	1,803.9	+0.438%	$11K	$37K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,796.8	+0.045%	$230	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,796.1	+0.006%	—	$50	25x	as long as short
Pacifica PLATINUMlong	+0.0100%	1h	1,796	long leg	$13K	$28K	10x
Aevo PLATINUM-PERP	+0.0104%	1h	1,800.9	+0.275%	$306	—	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,820.8	+1.383%	$6K	$34K	52x	as long as short
Gate XPT_USDT	+0.0356%	4h	1,801.2	+0.288%	$635K	$427K	100x	as long as short
KuCoin XPTUSDTMshort	+0.0376%	4h	1,801.1	+0.281%	$201K	$17K	75x
tradeXYZ xyz:PLATINUM	+0.0460%	1h	1,798.4	+0.134%	$3.6M	$982K	20x	as long as short
Variational Omni XPT	+0.0488%	4h	1,802.5	+0.362%	$280K	$232K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPTUSDT	+0.0526%	4h	1,800.2	+0.237%	$14K	$10K	20x	as long as short
MEXC XPT_USDT	+0.0566%	4h	1,798.9	+0.163%	$23.7M	$653K	100x	as long as short
Binance XPTUSDT	+0.0571%	4h	1,799	+0.168%	$4.2M	$3.8M	100x	as long as short
edgeX XPTUSDC	+0.0577%	4h	1,803.5	+0.415%	$39K	$282K	10x	as long as short
Paradex XPT-USD-PERP	+0.0616%	8h	1,800.2	+0.231%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0666%	4h	1,798.4	+0.136%	$1.3M	$393K	100x	as long as short
Extended XPT-USD	+0.0704%	1h	1,795.8	−0.012%	$204K	$617K	10x	as long as short
OKX XPT-USDT-SWAP	+0.0769%	8h	1,799.6	+0.200%	$902K	$512K	50x	as long as short
Lighter XPT	+0.0832%	1h	1,801	+0.278%	$356K	$14K	20x	as long as short
GRVT XPT_USDT_Perp	+0.1062%	4h	1,802.5	+0.363%	$205K	$872K	25x	as long as short