XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.009%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$321as in the Funding arb table

Net, price: spread back to 7d avg − costs−$333as in the Price arb table

costs, in and out, $10k−$3363.357% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.151%+$15 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.009%, 7d avg −0.033%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPD_USDT	1,286	0	get 0.0000% / 4h	3h 30m	$2.0M	$479K	100x
Short	KuCoin XPDUSDTM	1,285.9	0.0100	get 0.0050% / 4h	3h 30m	$167K	$7K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.009%Rate

Funding earned: $21
Price spread: −0.009% → −0.033%: $2.44
Slippage, 4 orders: −$308.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$312.29
Costs to cover: 3.357%
Break-even: 111.1 days

Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 60 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, 2 min ago	3.85 bp	24.7 bp −$25	126.9 bp −$1,269	doesn't fit	doesn't fit
Sell KuCoin live order book, 60 min ago	31.51 bp	96.3 bp −$96	590.7 bp −$5,907	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	−0.0331%	1h	1,283.8	−0.171%	$2.6M	$568K	20x	as long as short
edgeX XPDUSDC	−0.0012%	4h	1,286.2	+0.014%	$37K	$206K	10x	as long as short
Aster XPDUSDT	0.0000%	4h	1,285.2	−0.065%	$27K	$6K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,285.1	−0.067%	$3.6M	$5.1M	100x	as long as short
Gate XPD_USDTlong	0.0000%	4h	1,286	long leg	$2.0M	$479K	100x
MEXC XPD_USDT	0.0000%	4h	1,286	0.000%	$12.9M	$337K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,286.2	+0.018%	$523K	$32K	—	as long as short
GRVT XPD_USDT_Perp	0.0000%	4h	1,286.8	+0.061%	$334K	$637K	25x	as long as short
SunX XPD-USDT	0.0000%	4h	1,286	−0.003%	—	$1.6M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,285.9	−0.008%	$10K	$35K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,284.8	−0.092%	—	—	—	as long as short
BloFin XPD-USDT	+0.0019%	4h	1,286.1	+0.008%	$32K	$21K	100x	as long as short
Lighter XPD	+0.0032%	1h	1,285.5	−0.039%	$395K	$161K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+3.639%	$16K	$20K	52x	as long as short
OKX XPD-USDT-SWAP	+0.0095%	8h	1,285	−0.078%	$339K	$518K	50x	as long as short
KuCoin XPDUSDTMshort	+0.0100%	4h	1,285.9	−0.009%	$167K	$7K	75x
Bitget XPDUSDT	+0.0184%	4h	1,285.4	−0.044%	$5.0M	$261K	100x	as long as short