Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: MEXC against edgeX−0.105%83s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.105%, 7d avg +0.006%
=Together, before fees+0.127%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.111% cheaper against edgeX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.006%). Swap the legs. The two prices were read 83 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 | 1,316.7 | 0.0019 | pay 0.0010% / 4h | 3h 28m | $38K | $206K | 10x |
| Short | MEXC XPD_USDT | 1,315.4 | 0 | get 0.0000% / 4h | 3h 28m | $13.2M | $339K | 100x |
edgeX XPDUSDC
MEXC XPD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$4.06
- Price spread: −0.105% → +0.006%
- −$11.1
- Slippage, 4 orders
- −$35.94
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$60.1
- Costs to cover
- 0.449%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 44 min ago; MEXC: live order book, just now.
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, 44 min ago | 8.13 bp | 13.6 bp −$14 | 125.9 bp −$1,259 | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 2.59 bp | 15.1 bp −$15 | 16.2 bp −$162 | 103.7 bp −$10.4K | 317.8 bp −$158.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | 0.0000% | 4h | 1,315.5 | −0.094% | $3.8M | $4.4M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,315 | −0.131% | $2.0M | $433K | 100x | as long as short |
| MEXC XPD_USDTshort | 0.0000% | 4h | 1,315.4 | −0.105% | $13.2M | $339K | 100x | |
| Variational Omni XPD | 0.0000% | 4h | 1,316.7 | −0.003% | $545K | $14K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,313.2 | −0.270% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,315.6 | −0.085% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,312.9 | −0.290% | — | — | — | as long as short |
| Bitget XPDUSDT | +0.0012% | 4h | 1,314.8 | −0.150% | $5.0M | $220K | 100x | as long as short |
| edgeX XPDUSDClong | +0.0019% | 4h | 1,316.7 | long leg | $38K | $206K | 10x | |
| Aster XPDUSDT | +0.0026% | 4h | 1,314 | −0.205% | $27K | $12K | 20x | as long as short |
Binance XPDUSDT
Gate XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Bitget XPDUSDT
Aster XPDUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPD | +0.0032% | 1h | 1,316 | −0.057% | $406K | $154K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.219% | $16K | $20K | 52x | as long as short |
| BloFin XPD-USDT | +0.0046% | 4h | 1,316.8 | +0.005% | $30K | $19K | 100x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,313.1 | −0.277% | $2.7M | $517K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,314.4 | −0.179% | $171K | $5K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0116% | 8h | 1,315 | −0.133% | $320K | $473K | 50x | as long as short |
| GRVT XPD_USDT_Perp | +0.0628% | 4h | 1,316.1 | −0.049% | $339K | $891K | 25x | as long as short |
Lighter XPD
Injective XPD/USDC PERP
BloFin XPD-USDT
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
GRVT XPD_USDT_Perp