Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against edgeX+0.162%70s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.162%, 7d avg +0.008%
=Together, before fees−0.216%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.154% dearer against edgeX than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of +0.008%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.004% in total) that is about 8 months. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XPDUSDC | 1,294 | 0.0180 | pay 0.0090% / 4h | 1h 32m | $37K | $205K | 10x |
| Short | Binance XPDUSDT | 1,296.1 | 0.0157 | get 0.0079% / 4h | 1h 32m | $3.7M | $4.8M | 100x |
edgeX XPDUSDC
Binance XPDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$4.81
- Price spread: +0.162% → +0.008%
- $15.42
- Slippage, 4 orders
- −$33.88
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$42.28
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 9 min ago; Binance: live order book, 5 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 edgeX live order book, 9 min ago | 6.76 bp | 12.4 bp −$12 | 137.3 bp −$1,373 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.62 bp | 16.4 bp −$16 | 37.5 bp −$375 | 156.9 bp −$15.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDT | 0.0000% | 4h | 1,296.4 | +0.182% | $2.0M | $478K | 100x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,294.8 | +0.062% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,296.3 | +0.178% | $9K | $34K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,293.5 | −0.036% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,296.1 | +0.162% | $399K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.998% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,293.9 | −0.008% | $2.7M | $477K | 20x | as long as short |
| Variational Omni XPD | +0.0077% | 4h | 1,295 | +0.078% | $534K | $24K | — | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,295.5 | +0.112% | $168K | $7K | 75x | as long as short |
| BloFin XPD-USDT | +0.0100% | 4h | 1,294.8 | +0.060% | $31K | $20K | 100x | as long as short |
Gate XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Variational Omni XPD
KuCoin XPDUSDTM
BloFin XPD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDTshort | +0.0157% | 4h | 1,296.1 | +0.162% | $3.7M | $4.8M | 100x | |
| MEXC XPD_USDT | +0.0158% | 4h | 1,295.5 | +0.116% | $13.0M | $270K | 100x | as long as short |
| edgeX XPDUSDClong | +0.0180% | 4h | 1,294 | long leg | $37K | $205K | 10x | |
| OKX XPD-USDT-SWAP | +0.0304% | 8h | 1,295.7 | +0.131% | $323K | $476K | 50x | as long as short |
| Aster XPDUSDT | +0.0421% | 4h | 1,295.8 | +0.141% | $26K | $6K | 20x | as long as short |
| Bitget XPDUSDT | +0.0484% | 4h | 1,295.5 | +0.111% | $5.0M | $246K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0732% | 4h | 1,294.8 | +0.063% | $337K | $695K | 25x | as long as short |
MEXC XPD_USDT
OKX XPD-USDT-SWAP
Aster XPDUSDT
Bitget XPDUSDT
GRVT XPD_USDT_Perp