Funding you earn now, next payment 01:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.008%
Price spread now: tradeXYZ against edgeX−0.248%106s7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as 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−$580.580% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 3 days (all we have)+0.169%+$17 · spread now −0.248%, 7d avg −0.115%
=Together, before fees+0.290%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.133% cheaper against edgeX than usual: you would sell low and buy high (spread −0.248% now, against its 7-day average of −0.115%). If the spread goes back, that is −$13 on $10k: about 22 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.121% in total) that is about 7.7 days. The two prices were read 106 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 | 1,321.5 | 0.0008 | pay 0.0004% / 4h | 3h 47m | $38K | $205K | 10x |
| Short | tradeXYZ xyz:PALLADIUM | 1,318.2 | 0.0028 | get 0.0003% / 1h | 47m 49s | $2.7M | $523K | 20x |
edgeX XPDUSDC
tradeXYZ xyz:PALLADIUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $4.16
- Price spread: −0.248% → −0.115%
- −$13.25
- Slippage, 4 orders
- −$31.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$67.11
- Costs to cover
- 0.580%
- Break-even
- 119.9 days
Slippage from edgeX: live order book, 24 min ago; tradeXYZ: live order book, 9 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, 24 min ago | 8.13 bp | 13.6 bp −$14 | 125.9 bp −$1,259 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 1.14 bp | 16.8 bp −$17 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0043% | 4h | 1,322.6 | +0.083% | $30K | $19K | 100x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,320.7 | −0.059% | $3.8M | $4.4M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,320.5 | −0.071% | $2.0M | $420K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,320.4 | −0.081% | $13.2M | $338K | 100x | as long as short |
| Bitget XPDUSDT | 0.0000% | 4h | 1,320.1 | −0.101% | $5.1M | $220K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,321.6 | +0.011% | $547K | $16K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,319.3 | −0.168% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,322.1 | +0.050% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,318.8 | −0.200% | — | — | — | as long as short |
| edgeX XPDUSDClong | +0.0008% | 4h | 1,321.5 | long leg | $38K | $205K | 10x |
BloFin XPD-USDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Bitget XPDUSDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPDUSDT | +0.0010% | 4h | 1,319.4 | −0.155% | $27K | $12K | 20x | as long as short |
| tradeXYZ xyz:PALLADIUMshort | +0.0028% | 1h | 1,318.2 | −0.248% | $2.7M | $523K | 20x | |
| Lighter XPD | +0.0032% | 1h | 1,320.3 | −0.089% | $407K | $154K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +0.857% | $16K | $20K | 52x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,319.8 | −0.124% | $172K | $5K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0129% | 8h | 1,321.2 | −0.021% | $321K | $487K | 50x | as long as short |
| GRVT XPD_USDT_Perp | +0.0482% | 4h | 1,320.7 | −0.062% | $340K | $915K | 25x | as long as short |
Aster XPDUSDT
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
GRVT XPD_USDT_Perp