Funding you earn now, next payment 04:00 UTC+0.0119%/8h= +13.0% APRpaid last 24h +0.008%
Price spread now: OKX against Bitget+0.017%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.017%, 7d avg +0.031%
=The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPDUSDT | 1,316.7 | 0 | get 0.0000% / 4h | 3h 37m | $5.0M | $220K | 100x |
| Short | OKX XPD-USDT-SWAP | 1,316.9 | 0.0119 | get 0.0119% / 8h | 7h 37m | $321K | $471K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $25.01
- Price spread: +0.017% → +0.031%
- −$1.35
- Slippage, 4 orders
- −$42.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$40.73
- Costs to cover
- 0.644%
- Break-even
- 18.4 days
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 33 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 | 4.86 bp | 13.9 bp −$14 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell OKX live order book, 33 min ago | 0.76 bp | 14.6 bp −$15 | 83.2 bp −$832 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | −0.0002% | 4h | 1,317.1 | +0.034% | $38K | $205K | 10x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,317.3 | +0.045% | $3.8M | $4.4M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,317 | +0.027% | $2.0M | $426K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,317.1 | +0.035% | $13.2M | $339K | 100x | as long as short |
| Bitget XPDUSDTlong | 0.0000% | 4h | 1,316.7 | long leg | $5.0M | $220K | 100x | |
| Variational Omni XPD | 0.0000% | 4h | 1,317.3 | +0.046% | $546K | $16K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,315.4 | −0.097% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,316.9 | +0.020% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,315 | −0.131% | — | — | — | as long as short |
| BloFin XPD-USDT | +0.0013% | 4h | 1,317.9 | +0.096% | $30K | $19K | 100x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPDUSDT | +0.0013% | 4h | 1,316.2 | −0.036% | $27K | $12K | 20x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,317.3 | +0.048% | $406K | $154K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.225% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,315.2 | −0.112% | $2.7M | $521K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,315.5 | −0.087% | $171K | $5K | 75x | as long as short |
| OKX XPD-USDT-SWAPshort | +0.0119% | 8h | 1,316.9 | +0.017% | $321K | $471K | 50x | |
| GRVT XPD_USDT_Perp | +0.0572% | 4h | 1,316.7 | +0.001% | $339K | $911K | 25x | as long as short |
Bitget XPDUSDT
OKX XPD-USDT-SWAP
edgeX XPDUSDC
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
BloFin XPD-USDT
Aster XPDUSDT
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
GRVT XPD_USDT_Perp