Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,212.1+0.1038pay 0.0519% / 4h2h 24m$935K$6.6M—Long BingX
SHORT1,210.4+0.0447get 0.0056% / 1h24m 04s$2.6M$198K20xShort tradeXYZ
Price gap−0.141%
Funding gap−0.0591% /8h

Funding costs $18 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1−0.0591% /8h now · paid +0.013% over the last 7D
Price−$1spread −0.141% now, avg −0.126% → −0.015% if it goes back
Costs−$280.277% of $10k · taker + slippage, in and out
Result−$28−0.28%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.013% in total, about +0.0006%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.141%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPD on 18 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • OK: Fits both order books10.7 / 7.4 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage— + $500
    BingX —, tradeXYZ 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$17.72Long BingX: 6 payments, −$31.14; short tradeXYZ: 24 payments, +$13.42.
  • Note: Gap at its usual level−0.141% vs −0.126%
    The price leg adds little either way.
  • Watch: Long leg is thinner$935K vs $2.6M OI
    BingX sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · tradeXYZ No
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0006%/8h × 21 periods+$1.34
Price spread−0.141% → −0.126% (7d avg)−$1.49
Slippage, 4 orderslive order books−$15.94
Fee BingX bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$27.89
Costs to cover0.277%Break-even152.5 days
Slippage: BingX: live order book, 14 min ago; tradeXYZ: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX0.0410.7 bp−$1120.8 bp−$208107.1 bp−$10.7K332.2 bp−$166.1K
SELL · SHORTtradeXYZ2.077.4 bp−$727.0 bp−$270doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XPD news

posts that mention XPD or Palladium, from every exchangeSearch all news →
09-29 11:00gTrade (Gains Network)ListingXPD/USD no longer reported ($XPD) seen by our collector
09-23 13:33KalshiListingnew market KXPALLADIUMPERP ($XPD) seen by our collector