Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment $0.11 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Binance−0.141%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.141% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XPDUSDT1,2970.0022pay 0.0011% / 4h59m 56s$3.7M$4.8M100x
ShortHTX XPD-USDT1,295.20get 0.0000% / 4h59m 56s$10K$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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

Funding earned
−$4.65
Price spread: −0.141% → 0.000%
−$14.08
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$40.73
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.54 bp11.7 bp −$1236.1 bp −$361160.8 bp −$16.1Kdoesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XPD-USDT−0.0021%4h1,294−0.236%$30K$20K100xas long as short
Gate XPD_USDT0.0000%4h1,296.2−0.063%$2.0M$483K100xas long as short
Variational Omni XPD0.0000%4h1,294.5−0.198%$534K$24Kas long as short
SunX XPD-USDT0.0000%4h1,292.7−0.334%$1.7M10xas long as short
HTX XPD-USDTshort0.0000%4h1,295.2−0.141%$10K$35K20x
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,293.4−0.278%as long as short
Binance XPDUSDTlong+0.0022%4h1,297long leg$3.7M$4.8M100x
edgeX XPDUSDC+0.0023%4h1,293.8−0.248%$37K$206K10xas long as short
MEXC XPD_USDT+0.0024%4h1,295.3−0.135%$13.0M$272K100xas long as short
Lighter XPD+0.0032%1h1,295.6−0.109%$399K$160K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.759%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,293.6−0.263%$2.7M$435K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,296.4−0.049%$168K$7K75xas long as short
OKX XPD-USDT-SWAP+0.0263%8h1,296.8−0.017%$322K$481K50xas long as short
Aster XPDUSDT+0.0292%4h1,296.6−0.036%$27K$6K20xas long as short
Bitget XPDUSDT+0.0434%4h1,296.6−0.029%$5.0M$253K100xas long as short
GRVT XPD_USDT_Perp+0.0698%4h1,293.9−0.242%$335K$692K25xas long as short