Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h +0.002%

Price spread now: OKX against Aster+0.082%7-day average — · you sell dearer than you buy

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

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. OKX is 0.082% dearer against Aster than usual: you sell high and buy low (spread +0.082% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XPDUSDT	1,299.1	0.0192	pay 0.0096% / 4h	3h 50m	$26K	$5K	20x
Short	OKX XPD-USDT-SWAP	1,300.2	0.0123	get 0.0123% / 8h	3h 50m	$321K	$474K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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 AsterbpFee OKXbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$14.39
Price spread: +0.082% → 0.000%: $8.18
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$24.21
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; OKX: live order book, 65 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 Aster no order-book sample	—	—	—	—	—
Sell OKX live order book, 65 min ago	0.77 bp	15.2 bp −$15	74.8 bp −$748	doesn't fit	doesn't fit

Aster: 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.

XPD on 17 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
Variational Omni XPD	0.0000%	4h	1,299.3	+0.013%	$536K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,297.3	−0.143%	—	$1.8M	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,297.9	−0.094%	—	—	—	as long as short
edgeX XPDUSDC	+0.0017%	4h	1,299	−0.010%	$37K	$205K	10x	as long as short
MEXC XPD_USDT	+0.0028%	4h	1,299	−0.009%	$13.1M	$268K	100x	as long as short
Lighter XPD	+0.0032%	1h	1,300	+0.066%	$401K	$158K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.591%	$16K	$20K	52x	as long as short
Binance XPDUSDT	+0.0037%	4h	1,299.9	+0.062%	$3.8M	$4.7M	100x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,297.7	−0.111%	$2.7M	$492K	20x	as long as short
BloFin XPD-USDT	+0.0071%	4h	1,299.7	+0.042%	$30K	$20K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XPDUSDTM	+0.0100%	4h	1,297.9	−0.094%	$169K	$5K	75x	as long as short
OKX XPD-USDT-SWAPshort	+0.0123%	8h	1,300.2	+0.082%	$321K	$474K	50x
Aster XPDUSDTlong	+0.0192%	4h	1,299.1	long leg	$26K	$5K	20x
Gate XPD_USDT	+0.0228%	4h	1,300.4	+0.097%	$2.0M	$468K	100x	as long as short
Bitget XPDUSDT	+0.0252%	4h	1,297.8	−0.106%	$5.0M	$240K	100x	as long as short
HTX XPD-USDT	+0.0478%	4h	1,299.5	+0.026%	$9K	$34K	20x	as long as short
GRVT XPD_USDT_Perp	+0.1372%	4h	1,298.9	−0.022%	$338K	$720K	25x	as long as short