Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.27 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin−0.059%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.059% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XPD-USDT1,302.30.0416pay 0.0208% / 4h2h 50m$30K$20K100x
ShortBinance XPDUSDT1,301.50.0363get 0.0181% / 4h2h 50m$3.8M$4.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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

Funding earned
−$11.25
Price spread: −0.059% → 0.000%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$39.16
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Binance live order book, 16 min ago0.04 bp7.4 bp −$730.9 bp −$309143.7 bp −$14.4Kdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XPD on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XPD-USDT0.0000%4h1,298.7−0.271%$1.8M10xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,299.4−0.222%as long as short
Lighter XPD+0.0032%1h1,301.7−0.043%$401K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.345%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,299−0.250%$2.7M$472K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,299.3−0.227%$169K$6K75xas long as short
Gate XPD_USDT+0.0124%4h1,301.4−0.066%$2.0M$470K100xas long as short
Variational Omni XPD+0.0228%4h1,301.3−0.077%$537K$24Kas long as short
OKX XPD-USDT-SWAP+0.0309%8h1,300.9−0.104%$322K$473K50xas long as short
edgeX XPDUSDC+0.0344%4h1,300.2−0.158%$37K$205K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XPD_USDT+0.0358%4h1,299.3−0.230%$13.1M$268K100xas long as short
Binance XPDUSDTshort+0.0363%4h1,301.5−0.059%$3.8M$4.7M100x
BloFin XPD-USDTlong+0.0416%4h1,302.3long leg$30K$20K100x
HTX XPD-USDT+0.0446%4h1,301.1−0.086%$10K$34K20xas long as short
Bitget XPDUSDT+0.0530%4h1,299.5−0.216%$5.0M$242K100xas long as short
Aster XPDUSDT+0.0604%4h1,300.3−0.149%$27K$5K20xas long as short
GRVT XPD_USDT_Perp+0.1254%4h1,300.2−0.157%$336K$718K25xas long as short