XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.013%

Price spread now: edgeX against Gate−0.171%52s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$870.870% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 3 days (all we have)+0.136%+$14 · spread now −0.171%, 7d avg −0.017%

Together, before fees+0.166%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.154% cheaper against Gate than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.017%). If the spread goes back, that is −$15 on $10k: about 29 days of funding at the current rate (+$1 a day). The two prices were read 52 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	Gate XPD_USDT	1,321	0	get 0.0000% / 4h	3h 56m	$2.0M	$414K	100x
Short	edgeX XPDUSDC	1,318.7	0.0018	get 0.0009% / 4h	3h 56m	$38K	$204K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee GatebpFee edgeXbpOrdersPrice spread, now −0.171%Rate

Funding earned: $3.78
Price spread: −0.171% → −0.017%: −$15.38
Slippage, 4 orders: −$62.97
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$98.58
Costs to cover: 0.870%
Break-even: 189.7 days

Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 15 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, 1 min ago	2.08 bp	31.0 bp −$31	146.0 bp −$1,460	doesn't fit	doesn't fit
Sell edgeX live order book, 15 min ago	8.13 bp	13.7 bp −$14	121.0 bp −$1,210	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
tradeXYZ xyz:PALLADIUM	−0.0130%	1h	1,318.6	−0.180%	$2.7M	$523K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,321	+0.003%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDTlong	0.0000%	4h	1,321	long leg	$2.0M	$414K	100x
MEXC XPD_USDT	0.0000%	4h	1,320.4	−0.042%	$13.2M	$337K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,320	−0.074%	$5.1M	$219K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,318.8	−0.168%	$546K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,317.7	−0.252%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,318.8	−0.168%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,319.3	−0.128%	—	—	—	as long as short
BloFin XPD-USDT	+0.0012%	4h	1,318.1	−0.222%	$30K	$19K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX XPDUSDCshort	+0.0018%	4h	1,318.7	−0.171%	$38K	$204K	10x
Aster XPDUSDT	+0.0028%	4h	1,319.8	−0.088%	$27K	$12K	20x	as long as short
Lighter XPD	+0.0032%	1h	1,321.3	+0.024%	$406K	$153K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+0.895%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,319.1	−0.142%	$172K	$4K	75x	as long as short
OKX XPD-USDT-SWAP	+0.0140%	8h	1,320.9	−0.006%	$321K	$488K	50x	as long as short
GRVT XPD_USDT_Perp	+0.0464%	4h	1,318.4	−0.199%	$339K	$935K	25x	as long as short