XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0537%/8h= +58.8% APRnext payment +$2.69 per $10,000 · paid last 24h +0.050%

Price spread now: GRVT against edgeX+0.007%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$500.499% of the position

Long on edgeX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.386%+$39 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.007%, 7d avg −0.020%

Together, before fees+0.353%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and GRVT is 0.028% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XPDUSDC	1,312.1	−0.0011	get 0.0006% / 4h	2h 21m	$38K	$205K	10x
Short	GRVT XPD_USDT_Perp	1,312.2	0.0526	get 0.0263% / 4h	2h 21m	$340K	$803K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.007%Rate

Funding earned: $112.8
Price spread: +0.007% → −0.020%: $2.75
Slippage, 4 orders: −$31.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $65.63
Costs to cover: 0.499%
Break-even: 2.9 days

Slippage from edgeX: live order book, 45 min ago; GRVT: live order book, 7 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, 45 min ago	7.99 bp	13.4 bp −$13	133.1 bp −$1,331	doesn't fit	doesn't fit
Sell GRVT live order book, 7 min ago	0.50 bp	10.9 bp −$11	doesn't fit	doesn't fit	doesn't fit

XPD on 16 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
edgeX XPDUSDClong	−0.0011%	4h	1,312.1	long leg	$38K	$205K	10x
Binance XPDUSDT	0.0000%	4h	1,312.5	+0.030%	$3.8M	$4.4M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,312	−0.006%	$2.0M	$449K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,312	−0.006%	$13.1M	$334K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,311.9	−0.020%	$543K	$14K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,310.3	−0.141%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,311.8	−0.027%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,310.7	−0.109%	—	—	—	as long as short
Aster XPDUSDT	+0.0023%	4h	1,312.1	+0.002%	$27K	$12K	20x	as long as short
Lighter XPD	+0.0032%	1h	1,312.6	+0.037%	$405K	$155K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.577%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,310.2	−0.146%	$2.7M	$519K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0068%	8h	1,311.8	−0.024%	$315K	$471K	50x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,311.4	−0.056%	$171K	$5K	75x	as long as short
Bitget XPDUSDT	+0.0114%	4h	1,311.2	−0.067%	$5.0M	$215K	100x	as long as short
GRVT XPD_USDT_Perpshort	+0.0526%	4h	1,312.2	+0.007%	$340K	$803K	25x