XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0268%/8h= +29.3% APRnext payment +$1.34 per $10,000 · paid last 24h +0.053%

Price spread now: GRVT against Bitget+0.013%73s7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.504% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.013%, 7d avg +0.011%

Together, before fees+0.163%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XPDUSDT	1,295.7	0.0422	pay 0.0211% / 4h	42m 22s	$5.0M	$249K	100x
Short	GRVT XPD_USDT_Perp	1,295.8	0.0690	get 0.0345% / 4h	42m 22s	$336K	$681K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.013%Rate

Funding earned: $56.28
Price spread: +0.013% → +0.011%: $0.14
Slippage, 4 orders: −$29.38
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $6.04
Costs to cover: 0.504%
Break-even: 6.2 days

Slippage from Bitget: live order book, 1 min ago; GRVT: live order book, 20 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, 1 min ago	5.82 bp	13.5 bp −$14	34.6 bp −$346	137.3 bp −$13.7K	doesn't fit
Sell GRVT live order book, 20 min ago	0.04 bp	8.1 bp −$8	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
BloFin XPD-USDT	−0.0060%	4h	1,297.1	+0.108%	$30K	$20K	100x	as long as short
Binance XPDUSDT	0.0000%	4h	1,296.8	+0.087%	$3.7M	$4.8M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,296.5	+0.067%	$2.0M	$467K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,295.9	+0.016%	$13.0M	$267K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,296.1	+0.036%	$534K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,293.7	−0.155%	—	$1.7M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,296.9	+0.098%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,294.1	−0.118%	—	—	—	as long as short
edgeX XPDUSDC	+0.0015%	4h	1,295.7	+0.001%	$37K	$206K	10x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.866%	$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
Lighter XPD	+0.0040%	1h	1,296.6	+0.072%	$399K	$160K	20x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,294.2	−0.113%	$2.7M	$437K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,295.9	+0.017%	$168K	$7K	75x	as long as short
OKX XPD-USDT-SWAP	+0.0239%	8h	1,295.4	−0.021%	$322K	$479K	50x	as long as short
Aster XPDUSDT	+0.0247%	4h	1,296.6	+0.068%	$27K	$6K	20x	as long as short
Bitget XPDUSDTlong	+0.0422%	4h	1,295.7	long leg	$5.0M	$249K	100x
GRVT XPD_USDT_Perpshort	+0.0690%	4h	1,295.8	+0.013%	$336K	$681K	25x