XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRnext payment −$1.05 per $10,000 · paid last 24h −0.007%

Price spread now: Binance against Bitget+0.111%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$550.554% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 7 days−0.063%−$6 · spread now +0.111%, 7d avg +0.045%

Together, before fees−0.210%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.066% dearer against Bitget than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of +0.045%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.147% in total) that is about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XPDUSDT	1,297.5	0.0210	pay 0.0105% / 4h	3h 58m	$5.0M	$241K	100x
Short	Binance XPDUSDT	1,299	0	get 0.0000% / 4h	3h 58m	$3.8M	$4.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now +0.111%Rate

Funding earned: −$44.1
Price spread: +0.111% → +0.045%: $6.64
Slippage, 4 orders: −$33.39
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$92.85
Costs to cover: 0.554%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 9 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 Bitget live order book, 5 min ago	4.47 bp	11.7 bp −$12	38.9 bp −$389	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.62 bp	12.8 bp −$13	33.7 bp −$337	146.1 bp −$14.6K	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
Binance XPDUSDTshort	0.0000%	4h	1,299	+0.111%	$3.8M	$4.7M	100x
MEXC XPD_USDT	0.0000%	4h	1,298.8	+0.095%	$13.1M	$267K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,299	+0.112%	$535K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,295.7	−0.137%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,298.5	+0.079%	$9K	$34K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,296.3	−0.096%	—	—	—	as long as short
edgeX XPDUSDC	+0.0009%	4h	1,298.8	+0.101%	$37K	$206K	10x	as long as short
BloFin XPD-USDT	+0.0014%	4h	1,298.5	+0.072%	$30K	$20K	100x	as long as short
Lighter XPD	+0.0032%	1h	1,299.1	+0.122%	$401K	$155K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.719%	$16K	$20K	52x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,296.3	−0.094%	$2.7M	$491K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0093%	8h	1,298.9	+0.106%	$321K	$472K	50x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,296.3	−0.098%	$169K	$5K	75x	as long as short
Aster XPDUSDT	+0.0137%	4h	1,297.6	+0.010%	$26K	$5K	20x	as long as short
Bitget XPDUSDTlong	+0.0210%	4h	1,297.5	long leg	$5.0M	$241K	100x
Gate XPD_USDT	+0.0242%	4h	1,298.9	+0.107%	$2.0M	$465K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0536%	4h	1,298	+0.040%	$336K	$724K	25x	as long as short