Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1150%/8h= +126.0% APRpaid last 24h +0.100%

Price spread now: Bitget against Vest+0.108%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bitget

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 airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Bitget is 0.108% dearer against Vest than usual: you sell high and buy low: +$11 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	Vest PL-PERP	1,792.6	0.0046	pay 0.0006% / 1h	18m 05s	—	$50	25x
Short	Bitget XPTUSDT	1,794.5	0.1196	get 0.0598% / 4h	3h 18m	$1.4M	$471K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now +0.108%Rate

Funding earned: $241.57
Price spread: +0.108% → 0.000%: $10.82
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: $238.39
Costs to cover: 0.140%
Break-even: 0.1 days

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 3 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	3.57 bp	9.8 bp −$10	32.9 bp −$329	doesn't fit	doesn't fit

Vest: 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	1,797.2	+0.258%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,791.6	−0.055%	$230	—	150x	as long as short
Vest PL-PERPlong	+0.0046%	1h	1,792.6	long leg	—	$50	25x
Pacifica PLATINUM	+0.0100%	1h	1,795.6	+0.166%	$13K	$31K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,813	+1.139%	$6K	$34K	52x	as long as short
Aevo PLATINUM-PERP	+0.0360%	1h	1,796.8	+0.234%	$305	—	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0498%	1h	1,794.1	+0.084%	$3.6M	$1.0M	20x	as long as short
Paradex XPT-USD-PERP	+0.0538%	8h	1,797.4	+0.268%	$3K	—	5x	as long as short
KuCoin XPTUSDTM	+0.0696%	4h	1,796	+0.189%	$249K	$40K	75x	as long as short
Gate XPT_USDT	+0.0854%	4h	1,797.9	+0.295%	$730K	$511K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPT	+0.0960%	1h	1,797.5	+0.273%	$355K	$19K	20x	as long as short
Variational Omni XPT	+0.1072%	4h	1,796.7	+0.229%	$280K	$193K	—	as long as short
Aster XPTUSDT	+0.1076%	4h	1,793.2	+0.035%	$14K	$9K	20x	as long as short
edgeX XPTUSDC	+0.1106%	4h	1,796.6	+0.222%	$39K	$282K	10x	as long as short
MEXC XPT_USDT	+0.1128%	4h	1,793.2	+0.033%	$23.5M	$601K	100x	as long as short
Binance XPTUSDT	+0.1134%	4h	1,796.5	+0.218%	$4.5M	$4.3M	100x	as long as short
BloFin XPT-USDT	+0.1151%	4h	1,797.6	+0.279%	$89K	$68K	100x	as long as short
OKX XPT-USDT-SWAP	+0.1179%	8h	1,797.3	+0.262%	$955K	$619K	50x	as long as short
Bitget XPTUSDTshort	+0.1196%	4h	1,794.5	+0.108%	$1.4M	$471K	100x
Extended XPT-USD	+0.1224%	1h	1,791.6	−0.056%	$205K	$618K	10x	as long as short
GRVT XPT_USDT_Perp	+0.1548%	4h	1,796.6	+0.225%	$205K	$812K	25x	as long as short