Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0193%/8h= −21.2% APRpaid last 24h +0.013%

Price spread now: BloFin against Paradex+0.173%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on BloFin

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 airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. BloFin is 0.173% dearer against Paradex than usual: you sell high and buy low (spread +0.173% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XPT-USD-PERP	1,794.7	0.0157	pay 0.0157% / 8h	4h 56m	$3K	—	5x
Short	BloFin XPT-USDT	1,797.8	−0.0036	pay 0.0018% / 4h	56m 11s	$89K	$77K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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 ParadexbpFee BloFinbpOrdersPrice spread, now +0.173%Rate

Funding earned: −$40.62
Price spread: +0.173% → 0.000%: $17.31
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$39.31
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Paradex: 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 Paradex no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Paradex 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 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
BloFin XPT-USDTshort	−0.0036%	4h	1,797.8	+0.173%	$89K	$77K	100x
edgeX XPTUSDC	−0.0009%	4h	1,797.1	+0.130%	$39K	$280K	10x	as long as short
Aster XPTUSDT	0.0000%	4h	1,795.5	+0.044%	$14K	$10K	20x	as long as short
Binance XPTUSDT	0.0000%	4h	1,795.5	+0.044%	$4.7M	$6.0M	100x	as long as short
MEXC XPT_USDT	0.0000%	4h	1,794.4	−0.019%	$23.0M	$720K	100x	as long as short
Variational Omni XPT	0.0000%	4h	1,798.2	+0.192%	$252K	$189K	—	as long as short
HTX XPT-USDT	0.0000%	4h	1,797.7	+0.167%	$10K	$39K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,791.3	−0.189%	$230	—	150x	as long as short
Injective XPT/USDC PERP	+0.0033%	1h	1,811.1	+0.914%	$6K	$34K	52x	as long as short
Vest PL-PERP	+0.0046%	1h	1,791	−0.207%	—	—	25x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XPTUSDT	+0.0072%	4h	1,795.5	+0.041%	$1.4M	$717K	100x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,794.6	−0.006%	$14K	$34K	10x	as long as short
Gate XPT_USDT	+0.0100%	4h	1,795.7	+0.053%	$643K	$600K	100x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,795	+0.016%	$237K	$41K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,794.9	+0.009%	$305	—	10x	as long as short
Extended XPT-USD	+0.0128%	1h	1,791.4	−0.184%	$161K	$687K	10x	as long as short
GRVT XPT_USDT_Perp	+0.0154%	4h	1,798	+0.185%	$208K	$796K	25x	as long as short
Paradex XPT-USD-PERPlong	+0.0157%	8h	1,794.7	long leg	$3K	—	5x
tradeXYZ xyz:PLATINUM	+0.0201%	1h	1,792.8	−0.107%	$3.4M	$1.1M	20x	as long as short
OKX XPT-USDT-SWAP	+0.0397%	8h	1,795.5	+0.043%	$919K	$1.1M	50x	as long as short
Lighter XPT	+0.0624%	1h	1,795.5	+0.043%	$359K	$52K	20x	as long as short