XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.023%

Price spread now: KuCoin against Bitget−0.082%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$217as in the Funding arb table

Net, price: spread back to 7d avg − costs−$222as in the Price arb table

costs, in and out, $10k−$2112.114% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.082%, 7d avg +0.021%

Together, before fees+0.025%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.103% cheaper against Bitget than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.021%). If the spread goes back, that is −$10 on $10k: about 3.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XPDUSDT	1,316.3	0	get 0.0000% / 4h	3h 31m	$5.0M	$220K	100x
Short	KuCoin XPDUSDTM	1,315.2	0.0100	get 0.0050% / 4h	3h 31m	$171K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.082%Rate

Funding earned: $21
Price spread: −0.082% → +0.021%: −$10.33
Slippage, 4 orders: −$187.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$200.78
Costs to cover: 2.114%
Break-even: 73.9 days

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 12 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	2.47 bp	15.2 bp −$15	42.6 bp −$426	doesn't fit	doesn't fit
Sell KuCoin live order book, 12 min ago	19.10 bp	125.3 bp −$125	525.2 bp −$5,252	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	−0.0027%	4h	1,318.2	+0.150%	$30K	$19K	100x	as long as short
Binance XPDUSDT	0.0000%	4h	1,316.9	+0.051%	$3.8M	$4.4M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,316.8	+0.044%	$2.0M	$428K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,316.6	+0.024%	$13.2M	$339K	100x	as long as short
Bitget XPDUSDTlong	0.0000%	4h	1,316.3	long leg	$5.0M	$220K	100x
Variational Omni XPD	0.0000%	4h	1,317.6	+0.104%	$545K	$14K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,315.4	−0.067%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,316.7	+0.034%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,314.7	−0.117%	—	—	—	as long as short
edgeX XPDUSDC	+0.0009%	4h	1,317.3	+0.080%	$38K	$206K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPDUSDT	+0.0016%	4h	1,316.3	+0.005%	$27K	$12K	20x	as long as short
Lighter XPD	+0.0032%	1h	1,317.1	+0.065%	$406K	$154K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.257%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,314.8	−0.110%	$2.7M	$521K	20x	as long as short
KuCoin XPDUSDTMshort	+0.0100%	4h	1,315.2	−0.082%	$171K	$5K	75x
OKX XPD-USDT-SWAP	+0.0116%	8h	1,316.9	+0.049%	$321K	$471K	50x	as long as short
GRVT XPD_USDT_Perp	+0.0568%	4h	1,316.8	+0.038%	$339K	$896K	25x	as long as short