XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against edgeX−0.037%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$840.844% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.037%, 7d avg +0.018%

Together, before fees+0.104%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.055% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XPDUSDC	1,290.7	0.0013	pay 0.0006% / 4h	3h 54m	$37K	$205K	10x
Short	Gate XPD_USDT	1,290.2	0	get 0.0000% / 4h	3h 54m	$2.0M	$473K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.037%Rate

Funding earned: −$2.67
Price spread: −0.037% → +0.018%: −$5.48
Slippage, 4 orders: −$60.39
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$92.54
Costs to cover: 0.844%
Break-even: never at this rate

Slippage from edgeX: live order book, 42 min ago; Gate: live order book, 3 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, 42 min ago	9.28 bp	14.6 bp −$15	134.8 bp −$1,348	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	0.70 bp	28.4 bp −$28	137.2 bp −$1,372	doesn't fit	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	−0.0459%	1h	1,287.6	−0.240%	$2.6M	$547K	20x	as long as short
BloFin XPD-USDT	−0.0005%	4h	1,290.3	−0.035%	$31K	$21K	100x	as long as short
Binance XPDUSDT	0.0000%	4h	1,290.6	−0.011%	$3.6M	$5.1M	100x	as long as short
Gate XPD_USDTshort	0.0000%	4h	1,290.2	−0.037%	$2.0M	$473K	100x
MEXC XPD_USDT	0.0000%	4h	1,290.6	−0.012%	$12.9M	$283K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,289.6	−0.086%	$527K	$29K	—	as long as short
GRVT XPD_USDT_Perp	0.0000%	4h	1,291.8	+0.086%	$335K	$668K	25x	as long as short
SunX XPD-USDT	0.0000%	4h	1,287.7	−0.236%	—	$1.7M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,289.2	−0.114%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,288.8	−0.145%	—	—	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX XPDUSDClong	+0.0013%	4h	1,290.7	long leg	$37K	$205K	10x
Lighter XPD	+0.0032%	1h	1,290.1	−0.047%	$397K	$161K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+3.262%	$16K	$20K	52x	as long as short
Aster XPDUSDT	+0.0073%	4h	1,290.2	−0.039%	$27K	$6K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,290.2	−0.040%	$168K	$7K	75x	as long as short
OKX XPD-USDT-SWAP	+0.0159%	8h	1,289.6	−0.085%	$337K	$501K	50x	as long as short
Bitget XPDUSDT	+0.0326%	4h	1,289.9	−0.064%	$5.0M	$257K	100x	as long as short