Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.002%
Price spread now: edgeX against Binance−0.020%90s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.008%−$1 · spread now −0.020%, 7d avg −0.003%
=Together, before fees−0.008%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPDUSDT | 1,315 | 0.0067 | pay 0.0034% / 4h | 1h 20m | $3.8M | $4.2M | 100x |
| Short | edgeX XPDUSDC | 1,314.7 | 0.0093 | get 0.0046% / 4h | 1h 20m | $38K | $205K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.32
- Price spread: −0.020% → −0.003%
- −$1.66
- Slippage, 4 orders
- −$29.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$44.6
- Costs to cover
- 0.483%
- Break-even
- 65.7 days
Slippage from Binance: live order book, 2 min ago; edgeX: live order book, 62 min ago.
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 Binance live order book, 2 min ago | 0.19 bp | 13.4 bp −$13 | 36.9 bp −$369 | 146.5 bp −$14.7K | doesn't fit |
| Sell edgeX live order book, 62 min ago | 6.29 bp | 12.1 bp −$12 | 121.0 bp −$1,210 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDT | 0.0000% | 4h | 1,314.8 | −0.011% | $1.9M | $412K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,315 | +0.002% | $541K | $14K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,314.4 | −0.045% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,314.5 | −0.031% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,312.5 | −0.190% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,315.5 | +0.042% | $401K | $147K | 20x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0032% | 1h | 1,312.7 | −0.171% | $2.7M | $484K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.357% | $16K | $20K | 52x | as long as short |
| BloFin XPD-USDT | +0.0063% | 4h | 1,314.6 | −0.027% | $30K | $19K | 100x | as long as short |
| Binance XPDUSDTlong | +0.0067% | 4h | 1,315 | long leg | $3.8M | $4.2M | 100x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0068% | 4h | 1,314.6 | −0.027% | $13.2M | $339K | 100x | as long as short |
| edgeX XPDUSDCshort | +0.0093% | 4h | 1,314.7 | −0.020% | $38K | $205K | 10x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,313.4 | −0.120% | $171K | $4K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0163% | 8h | 1,314.6 | −0.027% | $321K | $484K | 50x | as long as short |
| Bitget XPDUSDT | +0.0184% | 4h | 1,314.1 | −0.068% | $5.0M | $219K | 100x | as long as short |
| Aster XPDUSDT | +0.0212% | 4h | 1,313.9 | −0.078% | $27K | $12K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0544% | 4h | 1,314.5 | −0.034% | $337K | $1.0M | 25x | as long as short |
Binance XPDUSDT
edgeX XPDUSDC
Gate XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
tradeXYZ xyz:PALLADIUM
Injective XPD/USDC PERP
BloFin XPD-USDT
MEXC XPD_USDT
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp