Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.016%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 2 days (all we have)+0.018%+$2 · spread now −0.016%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPDUSDT | 1,314.9 | 0.0038 | pay 0.0019% / 4h | 1h 14m | $3.8M | $4.2M | 100x |
| Short | MEXC XPD_USDT | 1,314.7 | 0.0042 | get 0.0021% / 4h | 1h 14m | $13.2M | $339K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.75
- Price spread: −0.016% → −0.013%
- −$0.31
- Slippage, 4 orders
- −$14.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$23.87
- Costs to cover
- 0.243%
- Break-even
- 229.2 days
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 4 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, 8 min ago | 0.19 bp | 13.4 bp −$13 | 36.9 bp −$369 | 146.5 bp −$14.7K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.04 bp | 0.0 bp $0 | 0.9 bp −$9 | 74.1 bp −$7,411 | 290.7 bp −$145.3K |
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 | 1,314.9 | −0.005% | $1.9M | $413K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,314.6 | −0.028% | $541K | $12K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,314.3 | −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 | 1,312.4 | −0.196% | — | — | — | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0026% | 1h | 1,312.9 | −0.154% | $2.7M | $481K | 20x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,315.1 | +0.013% | $400K | $147K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.359% | $16K | $20K | 52x | as long as short |
| Binance XPDUSDTlong | +0.0038% | 4h | 1,314.9 | long leg | $3.8M | $4.2M | 100x | |
| edgeX XPDUSDC | +0.0040% | 4h | 1,314.6 | −0.028% | $38K | $206K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDTshort | +0.0042% | 4h | 1,314.7 | −0.016% | $13.2M | $339K | 100x | |
| BloFin XPD-USDT | +0.0081% | 4h | 1,314.8 | −0.009% | $30K | $19K | 100x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,313.8 | −0.083% | $171K | $4K | 75x | as long as short |
| Bitget XPDUSDT | +0.0154% | 4h | 1,314.1 | −0.066% | $5.0M | $219K | 100x | as long as short |
| OKX XPD-USDT-SWAP | +0.0160% | 8h | 1,314.6 | −0.025% | $321K | $484K | 50x | as long as short |
| Aster XPDUSDT | +0.0183% | 4h | 1,314.4 | −0.043% | $27K | $12K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0500% | 4h | 1,314.5 | −0.034% | $337K | $1.0M | 25x | as long as short |
Binance XPDUSDT
MEXC XPD_USDT
Gate XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
tradeXYZ xyz:PALLADIUM
Lighter XPD
Injective XPD/USDC PERP
edgeX XPDUSDC
BloFin XPD-USDT
KuCoin XPDUSDTM
Bitget XPDUSDT
OKX XPD-USDT-SWAP
Aster XPDUSDT
GRVT XPD_USDT_Perp