Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.002%

Price spread now: edgeX against gTrade (Gains Network)+0.091%232s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on edgeX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.091% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 232 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	gTrade (Gains Network) XPD/USD	1,292.3	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	48m 45s	—	—	—
Short	edgeX XPDUSDC	1,293.4	0.0008	get 0.0004% / 4h	1h 48m	$37K	$206K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee edgeXbpOrdersPrice spread, now +0.091%Rate

Funding earned: $0.12
Price spread: +0.091% → 0.000%: $9.07
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$9.81
Costs to cover: 0.190%
Break-even: 562.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 61 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell edgeX live order book, 61 min ago	1.39 bp	7.1 bp −$7	120.6 bp −$1,206	doesn't fit	doesn'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 exchanges

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	−0.0011%	4h	1,294.1	+0.142%	$33K	$23K	100x	as long as short
Aster XPDUSDT	0.0000%	4h	1,293.1	+0.062%	$27K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,293.1	+0.062%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,293.3	+0.081%	$342K	$569K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,293.4	+0.088%	$2.0M	$487K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,293.3	+0.084%	$13.6M	$376K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,292.9	+0.048%	$5.0M	$309K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,293.2	+0.073%	$525K	$29K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,291.4	−0.065%	—	$1.5M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,293.6	+0.101%	$10K	$35K	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPD/USDlong	L +0.0008% / S −0.0007%	1h	1,292.3	long leg	—	—	—
edgeX XPDUSDCshort	+0.0008%	4h	1,293.4	+0.091%	$37K	$206K	10x
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+3.138%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,291.2	−0.081%	$2.6M	$570K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,292.6	+0.030%	$168K	$7K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0222%	4h	1,293.9	+0.124%	$334K	$623K	25x	as long as short
Lighter XPD	+0.0280%	1h	1,293.5	+0.097%	$398K	$159K	20x	as long as short