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−0.0021%/8h= −2.3% APRpaid last 24h 0.000%
Price spread now: gTrade (Gains Network) against BloFin−0.272%50s7-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 3 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 −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.272% cheaper against BloFin than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XPD-USDT1,299.70.0029pay 0.0014% / 4h36m 12s$30K$20K100x
ShortgTrade (Gains Network) XPD/USD1,296.2L +0.0008% / S −0.0007%get 0.0001% / 1h36m 12s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$4.5
Price spread: −0.272% → 0.000%
−$27.16
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$53.66
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; gTrade (Gains Network): no order-book sample. 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 gTrade (Gains Network) no order-book sample
BloFin and gTrade (Gains Network): 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
Binance XPDUSDT0.0000%4h1,298.2−0.117%$3.7M$4.9M100xas long as short
Gate XPD_USDT0.0000%4h1,299.2−0.040%$2.0M$471K100xas long as short
MEXC XPD_USDT0.0000%4h1,297.4−0.178%$13.1M$270K100xas long as short
Variational Omni XPD0.0000%4h1,297.8−0.149%$535K$24Kas long as short
SunX XPD-USDT0.0000%4h1,295.4−0.330%$1.7M10xas long as short
HTX XPD-USDT0.0000%4h1,298−0.133%$10K$35K20xas long as short
edgeX XPDUSDC+0.0008%4h1,298.4−0.100%$37K$205K10xas long as short
gTrade (Gains Network) XPD/USDshortL +0.0008% / S −0.0007%1h1,296.2−0.272%
BloFin XPD-USDTlong+0.0029%4h1,299.7long leg$30K$20K100x
Lighter XPD+0.0032%1h1,297.5−0.172%$399K$160K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.544%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,296.1−0.279%$2.7M$456K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,296.7−0.236%$168K$7K75xas long as short
OKX XPD-USDT-SWAP+0.0237%8h1,298.5−0.095%$322K$482K50xas long as short
Aster XPDUSDT+0.0239%4h1,296.6−0.245%$27K$6K20xas long as short
Bitget XPDUSDT+0.0428%4h1,298.6−0.086%$5.0M$249K100xas long as short
GRVT XPD_USDT_Perp+0.0704%4h1,298.1−0.127%$336K$675K25xas long as short