Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h +0.012%

Price spread now: Aevo against Variational Omni+0.030%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aevo

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 airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.030% dearer against Variational Omni than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XPT	1,810.8	0.0188	pay 0.0094% / 4h	1h 47m	$283K	$325K	—
Short	Aevo PLATINUM-PERP	1,811.3	0.0104	get 0.0013% / 1h	47m 38s	$308	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now +0.030%Rate

Funding earned: −$17.66
Price spread: +0.030% → 0.000%: $3
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$30.66
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 36 min ago; Aevo: 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 Variational Omni RFQ quote, 36 min ago	2.79 bp	doesn't fit	32.3 bp −$323	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	1,811.2	+0.023%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,807.9	−0.156%	$232	—	10x	as long as short
Extended XPT-USD	+0.0032%	1h	1,808.2	−0.140%	$199K	$450K	10x	as long as short
Vest PL-PERP	+0.0046%	1h	1,808.5	−0.125%	—	$50	25x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,809.7	−0.060%	$17K	$20K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,809.7	−0.059%	$201K	$25K	75x	as long as short
Aevo PLATINUM-PERPshort	+0.0104%	1h	1,811.3	+0.030%	$308	—	10x
Gate XPT_USDT	+0.0112%	4h	1,811.4	+0.035%	$700K	$336K	100x	as long as short
Variational Omni XPTlong	+0.0188%	4h	1,810.8	long leg	$283K	$325K	—
Injective XPT/USDC PERP	+0.0220%	1h	1,826.2	+0.855%	$6K	$34K	52x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPT-USDT	+0.0220%	4h	1,811	+0.012%	$86K	$63K	100x	as long as short
edgeX XPTUSDC	+0.0240%	4h	1,810.8	0.000%	$39K	$282K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0242%	1h	1,809.3	−0.081%	$3.6M	$1.4M	20x	as long as short
MEXC XPT_USDT	+0.0266%	4h	1,809.6	−0.064%	$24.1M	$631K	100x	as long as short
Binance XPTUSDT	+0.0269%	4h	1,811	+0.013%	$4.3M	$4.2M	100x	as long as short
Paradex XPT-USD-PERP	+0.0303%	8h	1,810.8	0.000%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0359%	4h	1,809.7	−0.061%	$15K	$31K	20x	as long as short
Bitget XPTUSDT	+0.0438%	4h	1,809.5	−0.069%	$1.2M	$318K	100x	as long as short
GRVT XPT_USDT_Perp	+0.0560%	4h	1,810.7	−0.006%	$206K	$1.2M	25x	as long as short
Lighter XPT	+0.0632%	1h	1,811.5	+0.041%	$358K	$20K	20x	as long as short
OKX XPT-USDT-SWAP	+0.0703%	8h	1,811.1	+0.019%	$917K	$522K	50x	as long as short