Funding you earn now, next payment 07:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h +0.006%
Price spread now: tradeXYZ against Binance−0.196%7-day average −0.150% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.196%, 7d avg −0.150%
=Together, before fees+0.214%+ Points / potential airdroptradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.046% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.150%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.122%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPDUSDT | 1,296.5 | 0.0122 | pay 0.0061% / 4h | 1h 26m | $3.7M | $4.8M | 100x |
| Short | tradeXYZ xyz:PALLADIUM | 1,294 | 0.0050 | get 0.0006% / 1h | 26m 13s | $2.7M | $459K | 20x |
Binance XPDUSDT
tradeXYZ xyz:PALLADIUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$15.21
- Price spread: −0.196% → −0.150%
- −$4.57
- Slippage, 4 orders
- −$25.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$72.95
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; tradeXYZ: live order book, 2 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, 11 min ago | 0.62 bp | 11.7 bp −$12 | 34.7 bp −$347 | 154.6 bp −$15.5K | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 1.55 bp | 12.9 bp −$13 | 29.0 bp −$290 | 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 | 1,296.2 | −0.026% | $2.0M | $479K | 100x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,294.9 | −0.130% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,295.6 | −0.076% | $10K | $35K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,293.7 | −0.222% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,296.3 | −0.019% | $399K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.797% | $16K | $20K | 52x | as long as short |
| Variational Omni XPD | +0.0049% | 4h | 1,296.1 | −0.035% | $534K | $24K | — | as long as short |
| tradeXYZ xyz:PALLADIUMshort | +0.0050% | 1h | 1,294 | −0.196% | $2.7M | $459K | 20x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,294.6 | −0.150% | $168K | $7K | 75x | as long as short |
| Binance XPDUSDTlong | +0.0122% | 4h | 1,296.5 | long leg | $3.7M | $4.8M | 100x |
Gate XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
Variational Omni XPD
KuCoin XPDUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0128% | 4h | 1,295.6 | −0.073% | $13.0M | $271K | 100x | as long as short |
| BloFin XPD-USDT | +0.0139% | 4h | 1,295 | −0.120% | $31K | $20K | 100x | as long as short |
| edgeX XPDUSDC | +0.0156% | 4h | 1,295.8 | −0.054% | $37K | $204K | 10x | as long as short |
| OKX XPD-USDT-SWAP | +0.0295% | 8h | 1,295.9 | −0.049% | $323K | $476K | 50x | as long as short |
| Aster XPDUSDT | +0.0394% | 4h | 1,295.9 | −0.049% | $26K | $6K | 20x | as long as short |
| Bitget XPDUSDT | +0.0472% | 4h | 1,295.5 | −0.084% | $5.0M | $246K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0722% | 4h | 1,295.9 | −0.051% | $337K | $689K | 25x | as long as short |
MEXC XPD_USDT
BloFin XPD-USDT
edgeX XPDUSDC
OKX XPD-USDT-SWAP
Aster XPDUSDT
Bitget XPDUSDT
GRVT XPD_USDT_Perp