Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0268%/8h= +29.4% APRpaid last 24h +0.033%
Price spread now: Bitget against gTrade (Gains Network)+0.101%45s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.101% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPD/USD1,290.4L +0.0008% / S −0.0007%pay 0.0001% / 1h47m 38s
ShortBitget XPDUSDT1,291.70.0276get 0.0138% / 4h3h 47m$5.0M$260K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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

Funding earned
$56.36
Price spread: +0.101% → 0.000%
$10.07
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$44.43
Costs to cover
0.220%
Break-even
1.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Bitget live order book, 5 min ago0.81 bp17.0 bp −$1741.1 bp −$411doesn't fitdoesn't fit
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XPD on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:PALLADIUM−0.0432%1h1,289.1−0.102%$2.6M$566K20xas long as short
BloFin XPD-USDT−0.0006%4h1,291.9+0.114%$31K$21K100xas long as short
Binance XPDUSDT0.0000%4h1,292+0.122%$3.7M$5.1M100xas long as short
Gate XPD_USDT0.0000%4h1,292+0.122%$2.0M$477K100xas long as short
MEXC XPD_USDT0.0000%4h1,292.2+0.138%$13.0M$283K100xas long as short
Variational Omni XPD0.0000%4h1,291.8+0.111%$527K$29Kas long as short
GRVT XPD_USDT_Perp0.0000%4h1,291+0.042%$335K$642K25xas long as short
SunX XPD-USDT0.0000%4h1,290.6+0.012%$1.6M10xas long as short
HTX XPD-USDT0.0000%4h1,292+0.120%$10K$35K20xas long as short
gTrade (Gains Network) XPD/USDlongL +0.0008% / S −0.0007%1h1,290.4long leg
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XPDUSDC+0.0015%4h1,291.1+0.053%$37K$206K10xas long as short
Aster XPDUSDT+0.0025%4h1,291.3+0.068%$27K$6K20xas long as short
Lighter XPD+0.0032%1h1,291.8+0.107%$397K$161K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+3.284%$16K$20K52xas long as short
KuCoin XPDUSDTM+0.0100%4h1,291.1+0.051%$168K$7K75xas long as short
OKX XPD-USDT-SWAP+0.0137%8h1,290.8+0.029%$337K$505K50xas long as short
Bitget XPDUSDTshort+0.0276%4h1,291.7+0.101%$5.0M$260K100x