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

XPD

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.008%
Price spread now: Injective against gTrade (Gains Network)+2.882%7-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 +$1 a day on $10k at the current rate, and Injective is 2.882% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$288 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPD/USD1,295.5L +0.0008% / S −0.0007%pay 0.0001% / 1h28m 49s
ShortInjective XPD/USDC PERP1,332.80.0033get 0.0004% / 1h28m 49s$16K$20K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$5.4
Price spread: +2.882% → 0.000%
$288.24
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$283.61
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 Injective no order-book sample
gTrade (Gains Network) and Injective: 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
SunX XPD-USDT0.0000%4h1,294.9−0.044%$1.8M10xas long as short
gTrade (Gains Network) XPD/USDlongL +0.0008% / S −0.0007%1h1,295.5long leg
Lighter XPD+0.0032%1h1,297.1+0.127%$399K$160K20xas long as short
Injective XPD/USDC PERPshort+0.0033%1h1,332.8+2.882%$16K$20K52x
tradeXYZ xyz:PALLADIUM+0.0050%1h1,293.4−0.159%$2.7M$471K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,294.8−0.053%$169K$6K75xas long as short
Gate XPD_USDT+0.0144%4h1,295.8+0.025%$2.0M$477K100xas long as short
Variational Omni XPD+0.0323%4h1,297.7+0.174%$535K$24Kas long as short
OKX XPD-USDT-SWAP+0.0386%8h1,295.6+0.011%$319K$477K50xas long as short
HTX XPD-USDT+0.0405%4h1,297.8+0.184%$10K$34K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XPDUSDC+0.0429%4h1,297.9+0.187%$37K$206K10xas long as short
Binance XPDUSDT+0.0441%4h1,295.4−0.004%$3.7M$4.8M100xas long as short
MEXC XPD_USDT+0.0442%4h1,295.2−0.022%$13.0M$269K100xas long as short
BloFin XPD-USDT+0.0495%4h1,296.8+0.106%$30K$20K100xas long as short
Bitget XPDUSDT+0.0598%4h1,295−0.036%$5.0M$246K100xas long as short
Aster XPDUSDT+0.0716%4h1,294.3−0.092%$26K$5K20xas long as short
GRVT XPD_USDT_Perp+0.1232%4h1,297.9+0.190%$335K$714K25xas long as short