Funding you earn now, next payment 00:00 UTC−0.0110%/8h= −12.1% APRnext payment −$0.55 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against edgeX−0.142%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$413as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4224.223% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.142%, 7d avg −0.009%
=Together, before fees+0.208%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.132% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.092%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XPDUSDC | 1,315.6 | 0.0210 | pay 0.0105% / 4h | 1h 47m | $38K | $206K | 10x |
| Short | KuCoin XPDUSDTM | 1,313.8 | 0.0100 | get 0.0050% / 4h | 1h 47m | $171K | $4K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$23.14
- Price spread: −0.142% → −0.009%
- −$13.23
- Slippage, 4 orders
- −$401.31
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$458.68
- Costs to cover
- 4.223%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 34 min ago; KuCoin: live order book, 17 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, 34 min ago | 6.29 bp | 12.0 bp −$12 | 125.2 bp −$1,252 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 17 min ago | 21.29 bp | 160.5 bp −$161 | 539.1 bp −$5,391 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDT | 0.0000% | 4h | 1,316.2 | +0.041% | $2.0M | $408K | 100x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,314.1 | −0.120% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,315.8 | +0.013% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,313.1 | −0.196% | — | — | — | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.304% | $16K | $20K | 52x | as long as short |
| Lighter XPD | +0.0048% | 1h | 1,315.9 | +0.020% | $401K | $147K | 20x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,313.5 | −0.163% | $2.7M | $531K | 20x | as long as short |
| Variational Omni XPD | +0.0100% | 4h | 1,315.8 | +0.011% | $541K | $14K | — | as long as short |
| KuCoin XPDUSDTMshort | +0.0100% | 4h | 1,313.8 | −0.142% | $171K | $4K | 75x | |
| OKX XPD-USDT-SWAP | +0.0155% | 8h | 1,316.1 | +0.035% | $322K | $486K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0180% | 4h | 1,316.1 | +0.035% | $3.8M | $4.2M | 100x | as long as short |
| MEXC XPD_USDT | +0.0184% | 4h | 1,315.9 | +0.019% | $13.2M | $338K | 100x | as long as short |
| BloFin XPD-USDT | +0.0195% | 4h | 1,315.6 | −0.002% | $30K | $19K | 100x | as long as short |
| edgeX XPDUSDClong | +0.0210% | 4h | 1,315.6 | long leg | $38K | $206K | 10x | |
| Bitget XPDUSDT | +0.0276% | 4h | 1,315.3 | −0.028% | $5.0M | $218K | 100x | as long as short |
| Aster XPDUSDT | +0.0349% | 4h | 1,315 | −0.045% | $27K | $12K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0704% | 4h | 1,315.5 | −0.012% | $338K | $1.0M | 25x | as long as short |
edgeX XPDUSDC
KuCoin XPDUSDTM
Gate XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Injective XPD/USDC PERP
Lighter XPD
tradeXYZ xyz:PALLADIUM
Variational Omni XPD
OKX XPD-USDT-SWAP
Binance XPDUSDT
MEXC XPD_USDT
BloFin XPD-USDT
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp