Funding you earn now, next payment 12:00 UTC+0.0333%/8h= +36.4% APRnext payment +$1.66 per $10,000 · paid last 24h +0.016%
Price spread now: Bitget against edgeX−0.215%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.215%, 7d avg −0.031%
=Together, before fees+0.377%+ Points / potential airdropedgeX: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.183% cheaper against edgeX than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of −0.031%). If the spread goes back, that is −$18 on $10k: about 44 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.143% in total) that is about 9.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XPDUSDC | 1,292.9 | 0.0005 | pay 0.0003% / 4h | 3h 57m | $37K | $207K | 10x |
| Short | Bitget XPDUSDT | 1,290.1 | 0.0338 | get 0.0169% / 4h | 3h 57m | $5.0M | $257K | 100x |
edgeX XPDUSDC
Bitget XPDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $69.87
- Price spread: −0.215% → −0.031%
- −$18.32
- Slippage, 4 orders
- −$43.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$12.55
- Costs to cover
- 0.641%
- Break-even
- 8.3 days
Slippage from edgeX: live order book, 40 min ago; Bitget: live order book, 1 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, 40 min ago | 9.28 bp | 14.6 bp −$15 | 134.8 bp −$1,348 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.85 bp | 18.2 bp −$18 | 37.8 bp −$378 | 134.1 bp −$13.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUM | −0.0422% | 1h | 1,287.8 | −0.395% | $2.6M | $545K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,291 | −0.147% | $3.7M | $5.0M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,290.7 | −0.174% | $2.0M | $473K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,290.8 | −0.162% | $12.9M | $282K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,292.2 | −0.056% | $530K | $28K | — | as long as short |
| GRVT XPD_USDT_Perp | 0.0000% | 4h | 1,291.8 | −0.085% | $335K | $668K | 25x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,288.6 | −0.330% | — | $1.7M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,291.9 | −0.075% | $10K | $35K | 20x | as long as short |
| BloFin XPD-USDT | +0.0001% | 4h | 1,291 | −0.147% | $31K | $21K | 100x | as long as short |
| edgeX XPDUSDClong | +0.0005% | 4h | 1,292.9 | long leg | $37K | $207K | 10x |
tradeXYZ xyz:PALLADIUM
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
GRVT XPD_USDT_Perp
SunX XPD-USDT
HTX XPD-USDT
BloFin XPD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,289.3 | −0.280% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,290.7 | −0.171% | $397K | $161K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +3.086% | $16K | $20K | 52x | as long as short |
| Aster XPDUSDT | +0.0079% | 4h | 1,290 | −0.222% | $27K | $6K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,290.3 | −0.200% | $168K | $7K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0164% | 8h | 1,290.3 | −0.201% | $326K | $490K | 50x | as long as short |
| Bitget XPDUSDTshort | +0.0338% | 4h | 1,290.1 | −0.215% | $5.0M | $257K | 100x |
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
Aster XPDUSDT
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP