Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.96 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Binance−0.270%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.270%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.244% cheaper against Binance than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPDUSDT | 1,298.9 | 0.0192 | pay 0.0096% / 4h | 3h 27m | $3.8M | $4.7M | 100x |
| Short | SunX XPD-USDT | 1,295.4 | 0 | get 0.0000% / 4h | 3h 27m | — | $1.8M | 10x |
Binance XPDUSDT
SunX XPD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$40.28
- Price spread: −0.270% → −0.026%
- −$24.39
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$82.67
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; SunX: live order book, 8 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 Binance live order book, 10 min ago | 1.19 bp | 13.4 bp −$13 | 36.2 bp −$362 | 148.7 bp −$14.9K | doesn't fit |
| Sell SunX live order book, 8 min ago | 900.02 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDTshort | 0.0000% | 4h | 1,295.4 | −0.270% | — | $1.8M | 10x | |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,296.9 | −0.159% | — | — | — | as long as short |
| Variational Omni XPD | +0.0031% | 4h | 1,299.1 | +0.012% | $535K | $24K | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,299.6 | +0.051% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.607% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,296.5 | −0.188% | $2.7M | $469K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,296.7 | −0.176% | $169K | $6K | 75x | as long as short |
| BloFin XPD-USDT | +0.0133% | 4h | 1,298.9 | −0.002% | $30K | $20K | 100x | as long as short |
| edgeX XPDUSDC | +0.0153% | 4h | 1,298.9 | −0.005% | $37K | $204K | 10x | as long as short |
| Gate XPD_USDT | +0.0164% | 4h | 1,299.1 | +0.008% | $2.0M | $474K | 100x | as long as short |
gTrade (Gains Network) XPD/USD
Variational Omni XPD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
BloFin XPD-USDT
edgeX XPDUSDC
Gate XPD_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0184% | 4h | 1,298.1 | −0.069% | $13.1M | $270K | 100x | as long as short |
| Binance XPDUSDTlong | +0.0192% | 4h | 1,298.9 | long leg | $3.8M | $4.7M | 100x | |
| OKX XPD-USDT-SWAP | +0.0201% | 8h | 1,298.7 | −0.018% | $321K | $472K | 50x | as long as short |
| Aster XPDUSDT | +0.0367% | 4h | 1,297.9 | −0.084% | $26K | $5K | 20x | as long as short |
| Bitget XPDUSDT | +0.0370% | 4h | 1,298.2 | −0.060% | $5.0M | $240K | 100x | as long as short |
| HTX XPD-USDT | +0.0525% | 4h | 1,298.4 | −0.038% | $9K | $34K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1314% | 4h | 1,298.5 | −0.032% | $338K | $717K | 25x | as long as short |
MEXC XPD_USDT
OKX XPD-USDT-SWAP
Aster XPDUSDT
Bitget XPDUSDT
HTX XPD-USDT
GRVT XPD_USDT_Perp