Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0007%/8h= −0.7% APRpaid last 24h +0.002%

Price spread now: gTrade (Gains Network) against edgeX−0.093%68s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.093% cheaper against edgeX than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 68 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	1,298.4	0.0014	pay 0.0007% / 4h	1h 07m	$37K	$205K	10x
Short	gTrade (Gains Network) XPD/USD	1,297.2	L +0.0008% / S −0.0007%	get 0.0001% / 1h	7m 47s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.093%Rate

Funding earned: −$1.43
Price spread: −0.093% → 0.000%: −$9.27
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$29.7
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 37 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 37 min ago	1.47 bp	6.9 bp −$7	136.0 bp −$1,360	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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 exchanges

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
Aster XPDUSDT	0.0000%	4h	1,298.5	+0.003%	$27K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,299.1	+0.049%	$3.7M	$5.4M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,298	−0.034%	$343K	$584K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,299.3	+0.064%	$2.0M	$494K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,299.2	+0.056%	$13.6M	$424K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,298.6	+0.010%	$5.0M	$323K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,297.7	−0.061%	$528K	$29K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,297.4	−0.077%	—	$1.5M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,298.7	+0.016%	$10K	$36K	20x	as long as short
gTrade (Gains Network) XPD/USDshort	L +0.0008% / S −0.0007%	1h	1,297.2	−0.093%	—	—	—

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX XPDUSDClong	+0.0014%	4h	1,298.4	long leg	$37K	$205K	10x
tradeXYZ xyz:PALLADIUM	+0.0017%	1h	1,297.2	−0.096%	$2.7M	$564K	20x	as long as short
BloFin XPD-USDT	+0.0018%	4h	1,299.2	+0.058%	$33K	$23K	100x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.646%	$16K	$20K	52x	as long as short
Lighter XPD	+0.0072%	1h	1,299.3	+0.066%	$399K	$160K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,298.4	0.000%	$169K	$7K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0196%	4h	1,297.5	−0.071%	$336K	$621K	25x	as long as short