Funding you earn now, next payment 04:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Bitget+0.140%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now +0.140%, 7d avg +0.070%
=The price spread pays, funding is against you. Gate is 0.070% dearer against Bitget than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of +0.070%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPDUSDT | 1,310.2 | 0.0098 | pay 0.0049% / 4h | 2h 28m | $5.0M | $217K | 100x |
| Short | Gate XPD_USDT | 1,312 | 0 | get 0.0000% / 4h | 2h 28m | $2.0M | $445K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$20.58
- Price spread: +0.140% → +0.070%
- $6.97
- Slippage, 4 orders
- −$59.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$100.05
- Costs to cover
- 0.864%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: 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 Bitget live order book, 5 min ago | 4.46 bp | 14.3 bp −$14 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.46 bp | 30.6 bp −$31 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
XPD on 16 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 XPDUSDT | 0.0000% | 4h | 1,312.4 | +0.170% | $3.8M | $4.4M | 100x | as long as short |
| Gate XPD_USDTshort | 0.0000% | 4h | 1,312 | +0.140% | $2.0M | $445K | 100x | |
| MEXC XPD_USDT | 0.0000% | 4h | 1,312.1 | +0.145% | $13.1M | $333K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,311.5 | +0.105% | $543K | $14K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,309.7 | −0.033% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,312.2 | +0.152% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,310 | −0.015% | — | — | — | as long as short |
| Aster XPDUSDT | +0.0015% | 4h | 1,311.1 | +0.068% | $27K | $12K | 20x | as long as short |
| edgeX XPDUSDC | +0.0018% | 4h | 1,312 | +0.143% | $38K | $206K | 10x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,312 | +0.140% | $405K | $155K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.727% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,309.6 | −0.044% | $2.7M | $513K | 20x | as long as short |
| OKX XPD-USDT-SWAP | +0.0073% | 8h | 1,311.7 | +0.117% | $314K | $474K | 50x | as long as short |
| Bitget XPDUSDTlong | +0.0098% | 4h | 1,310.2 | long leg | $5.0M | $217K | 100x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,310.2 | −0.002% | $171K | $5K | 75x | as long as short |
| GRVT XPD_USDT_Perp | +0.0516% | 4h | 1,311.4 | +0.093% | $340K | $809K | 25x | as long as short |
Bitget XPDUSDT
Gate XPD_USDT
Binance XPDUSDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Aster XPDUSDT
edgeX XPDUSDC
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
OKX XPD-USDT-SWAP
KuCoin XPDUSDTM
GRVT XPD_USDT_Perp