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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h 0.000%
Price spread now: BloFin against gTrade (Gains Network)+0.159%130s7-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 3 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 +$5 a day on $10k at the current rate, and BloFin is 0.159% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 130 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/USD1,293.8L +0.0008% / S −0.0007%pay 0.0001% / 1h28m 26s
ShortBloFin XPD-USDT1,295.90.0164get 0.0082% / 4h1h 28m$31K$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$32.83
Price spread: +0.159% → 0.000%
$15.92
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$26.75
Costs to cover
0.220%
Break-even
1.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: no order-book sample. 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 BloFin no order-book sample
gTrade (Gains Network) and BloFin: 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
Gate XPD_USDT0.0000%4h1,296.1+0.175%$2.0M$479K100xas long as short
SunX XPD-USDT0.0000%4h1,294.4+0.043%$1.8M10xas long as short
HTX XPD-USDT0.0000%4h1,295.8+0.154%$10K$34K20xas long as short
gTrade (Gains Network) XPD/USDlongL +0.0008% / S −0.0007%1h1,293.8long leg
Lighter XPD+0.0032%1h1,296.6+0.215%$399K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+3.013%$16K$20K52xas long as short
Variational Omni XPD+0.0049%4h1,296.1+0.176%$534K$24Kas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,294+0.014%$2.7M$459K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,294.5+0.053%$168K$7K75xas long as short
Binance XPDUSDT+0.0131%4h1,295.8+0.156%$3.7M$4.8M100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XPD_USDT+0.0138%4h1,295.6+0.135%$13.0M$271K100xas long as short
BloFin XPD-USDTshort+0.0164%4h1,295.9+0.159%$31K$20K100x
edgeX XPDUSDC+0.0172%4h1,296.1+0.173%$37K$206K10xas long as short
OKX XPD-USDT-SWAP+0.0298%8h1,295.9+0.161%$323K$476K50xas long as short
Aster XPDUSDT+0.0400%4h1,295.8+0.149%$26K$6K20xas long as short
Bitget XPDUSDT+0.0474%4h1,295.2+0.107%$5.0M$246K100xas long as short
GRVT XPD_USDT_Perp+0.0722%4h1,295.9+0.159%$337K$689K25xas long as short