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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0270%/8h= −29.5% APRnext payment $1.35 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Gate−0.095%93s7-day average · you buy dearer than you sell
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 5 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 against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.095% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XPD_USDT1,299.60.0224pay 0.0112% / 4h3h 51m$2.0M$467K100x
ShortBloFin XPD-USDT1,298.4−0.0046pay 0.0023% / 4h3h 51m$30K$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
−$56.64
Price spread: −0.095% → 0.000%
−$9.54
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$93.18
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 1 min ago; 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 Gate live order book, 1 min ago0.46 bp21.4 bp −$21129.8 bp −$1,298doesn't fitdoesn't fit
Sell BloFin no order-book sample
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
BloFin XPD-USDTshort−0.0046%4h1,298.4−0.095%$30K$20K100x
Variational Omni XPD0.0000%4h1,298−0.126%$535K$24Kas long as short
SunX XPD-USDT0.0000%4h1,296−0.277%$1.8M10xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,297−0.205%as long as short
edgeX XPDUSDC+0.0017%4h1,299−0.048%$37K$205K10xas long as short
MEXC XPD_USDT+0.0022%4h1,297.7−0.147%$13.1M$268K100xas long as short
Binance XPDUSDT+0.0029%4h1,299.6−0.005%$3.8M$4.7M100xas long as short
Lighter XPD+0.0032%1h1,299.6−0.002%$401K$158K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.552%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,296.6−0.233%$2.7M$491K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XPDUSDTM+0.0100%4h1,297−0.205%$169K$5K75xas long as short
OKX XPD-USDT-SWAP+0.0117%8h1,299−0.048%$321K$473K50xas long as short
Aster XPDUSDT+0.0186%4h1,298.1−0.117%$26K$5K20xas long as short
Gate XPD_USDTlong+0.0224%4h1,299.6long leg$2.0M$467K100x
Bitget XPDUSDT+0.0248%4h1,296.9−0.207%$5.0M$240K100xas long as short
HTX XPD-USDT+0.0519%4h1,299−0.047%$9K$34K20xas long as short
GRVT XPD_USDT_Perp+0.1372%4h1,298.9−0.060%$338K$720K25xas long as short