Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0340%/8h= +37.3% APRpaid last 24h +0.052%

Price spread now: KuCoin against Vest+0.166%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 KuCoin

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 +$10 a day on $10k at the current rate, and KuCoin is 0.166% dearer against Vest than usual: you sell high and buy low: +$17 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	1,780.7	0.0046	pay 0.0006% / 1h	24m 15s	—	$50	25x
Short	KuCoin XPTUSDTM	1,783.7	0.0386	get 0.0193% / 4h	1h 24m	$238K	$42K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.166%Rate

Funding earned: $71.47
Price spread: +0.166% → 0.000%: $16.57
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $74.03
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 17 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 KuCoin live order book, 17 min ago	9.16 bp	23.0 bp −$23	197.9 bp −$1,979	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	1,784.6	+0.221%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,781.8	+0.062%	$229	—	150x	as long as short
Vest PL-PERPlong	+0.0046%	1h	1,780.7	long leg	—	$50	25x
Pacifica PLATINUM	+0.0100%	1h	1,781.3	+0.034%	$13K	$29K	10x	as long as short
tradeXYZ xyz:PLATINUM	+0.0121%	1h	1,781.7	+0.056%	$3.6M	$1.1M	20x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,801.4	+1.162%	$6K	$34K	52x	as long as short
KuCoin XPTUSDTMshort	+0.0386%	4h	1,783.7	+0.166%	$238K	$42K	75x
Paradex XPT-USD-PERP	+0.0480%	8h	1,784.4	+0.206%	$3K	—	5x	as long as short
Aevo PLATINUM-PERP	+0.0512%	1h	1,784.7	+0.226%	$303	—	10x	as long as short
Lighter XPT	+0.0656%	1h	1,785.4	+0.264%	$354K	$21K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XPT-USD	+0.0688%	1h	1,781.6	+0.050%	$201K	$624K	10x	as long as short
Gate XPT_USDT	+0.0736%	4h	1,785.4	+0.261%	$717K	$539K	100x	as long as short
Aster XPTUSDT	+0.0928%	4h	1,783.8	+0.173%	$15K	$10K	20x	as long as short
Variational Omni XPT	+0.0946%	4h	1,784.6	+0.220%	$260K	$187K	—	as long as short
Binance XPTUSDT	+0.0991%	4h	1,784	+0.184%	$4.5M	$4.8M	100x	as long as short
MEXC XPT_USDT	+0.0998%	4h	1,783.6	+0.162%	$23.3M	$638K	100x	as long as short
edgeX XPTUSDC	+0.1036%	4h	1,783.9	+0.178%	$39K	$281K	10x	as long as short
Bitget XPTUSDT	+0.1046%	4h	1,783.2	+0.143%	$1.4M	$510K	100x	as long as short
BloFin XPT-USDT	+0.1054%	4h	1,784.7	+0.225%	$96K	$69K	100x	as long as short
GRVT XPT_USDT_Perp	+0.1100%	4h	1,783.3	+0.144%	$205K	$786K	25x	as long as short
OKX XPT-USDT-SWAP	+0.1244%	8h	1,785.1	+0.247%	$1.0M	$741K	50x	as long as short