Funding you earn now, next payment 00:00 UTC+0.0268%/8h= +29.3% APRnext payment +$1.34 per $10,000 · paid last 24h +0.039%
Price spread now: Bitget against Gate−0.029%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now −0.029%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.043% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.072%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.180% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XPD_USDT | 1,315.7 | 0 | get 0.0000% / 4h | 1h 42m | $2.0M | $408K | 100x |
| Short | Bitget XPDUSDT | 1,315.3 | 0.0268 | get 0.0134% / 4h | 1h 42m | $5.0M | $218K | 100x |
Gate XPD_USDT
Bitget XPDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $56.28
- Price spread: −0.029% → −0.072%
- $4.3
- Slippage, 4 orders
- −$56.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$22.48
- Costs to cover
- 0.831%
- Break-even
- 9.8 days
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 6 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 Gate live order book, 5 min ago | 2.55 bp | 25.9 bp −$26 | 150.1 bp −$1,501 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 1.22 bp | 13.8 bp −$14 | 55.7 bp −$557 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDTlong | 0.0000% | 4h | 1,315.7 | long leg | $2.0M | $408K | 100x | |
| SunX XPD-USDT | 0.0000% | 4h | 1,314.1 | −0.119% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,315.3 | −0.029% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,312.9 | −0.208% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,316.7 | +0.079% | $401K | $147K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.303% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,313.5 | −0.164% | $2.7M | $469K | 20x | as long as short |
| Variational Omni XPD | +0.0078% | 4h | 1,316 | +0.025% | $541K | $14K | — | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,314 | −0.128% | $171K | $4K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0151% | 8h | 1,315.9 | +0.018% | $322K | $485K | 50x | as long as short |
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Variational Omni XPD
KuCoin XPDUSDTM
OKX XPD-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0160% | 4h | 1,315.8 | +0.014% | $3.8M | $4.2M | 100x | as long as short |
| MEXC XPD_USDT | +0.0160% | 4h | 1,315.7 | +0.004% | $13.2M | $338K | 100x | as long as short |
| edgeX XPDUSDC | +0.0176% | 4h | 1,316.1 | +0.034% | $38K | $206K | 10x | as long as short |
| BloFin XPD-USDT | +0.0194% | 4h | 1,315.4 | −0.024% | $30K | $19K | 100x | as long as short |
| Bitget XPDUSDTshort | +0.0268% | 4h | 1,315.3 | −0.029% | $5.0M | $218K | 100x | |
| Aster XPDUSDT | +0.0325% | 4h | 1,315.1 | −0.041% | $27K | $12K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0662% | 4h | 1,315.3 | −0.027% | $338K | $1.0M | 25x | as long as short |
Binance XPDUSDT
MEXC XPD_USDT
edgeX XPDUSDC
BloFin XPD-USDT
Aster XPDUSDT
GRVT XPD_USDT_Perp