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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.08 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against BloFin−0.053%94s7-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 $0 a day on $10k at the current rate, and MEXC is 0.053% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XPD-USDT1,287.90.0016pay 0.0008% / 4h3h 41m$32K$21K100x
ShortMEXC XPD_USDT1,287.20get 0.0000% / 4h3h 41m$12.9M$336K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$3.43
Price spread: −0.053% → 0.000%
−$5.28
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$20.71
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago0.58 bp0.6 bp −$11.9 bp −$1992.3 bp −$9,231298.5 bp −$149.2K
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
tradeXYZ xyz:PALLADIUM−0.0403%1h1,284.6−0.257%$2.6M$566K20xas long as short
edgeX XPDUSDC−0.0014%4h1,290.7+0.215%$37K$207K10xas long as short
Aster XPDUSDT0.0000%4h1,287.8−0.009%$27K$6K20xas long as short
Binance XPDUSDT0.0000%4h1,287.2−0.057%$3.6M$5.1M100xas long as short
Gate XPD_USDT0.0000%4h1,287.3−0.050%$2.0M$478K100xas long as short
MEXC XPD_USDTshort0.0000%4h1,287.2−0.053%$12.9M$336K100x
Variational Omni XPD0.0000%4h1,291.2+0.256%$525K$32Kas long as short
GRVT XPD_USDT_Perp0.0000%4h1,289.4+0.119%$335K$639K25xas long as short
SunX XPD-USDT0.0000%4h1,286−0.151%$1.6M10xas long as short
HTX XPD-USDT0.0000%4h1,287.1−0.066%$10K$35K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,285.8−0.163%as long as short
BloFin XPD-USDTlong+0.0016%4h1,287.9long leg$32K$21K100x
Lighter XPD+0.0032%1h1,287.2−0.055%$396K$161K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+3.485%$16K$20K52xas long as short
KuCoin XPDUSDTM+0.0100%4h1,287.3−0.049%$167K$7K75xas long as short
OKX XPD-USDT-SWAP+0.0121%8h1,286.8−0.086%$336K$506K50xas long as short
Bitget XPDUSDT+0.0234%4h1,286.6−0.102%$5.0M$261K100xas long as short