XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h +0.015%

Price spread now: MEXC against Gate−0.008%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$730.733% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days−0.138%−$14 · spread now −0.008%, 7d avg −0.047%

Together, before fees−0.110%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.039% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.047%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.49 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	1,311.7	0	get 0.0000% / 4h	2h 12m	$1.9M	$430K	100x
Short	MEXC XPD_USDT	1,311.6	0.0298	get 0.0149% / 4h	2h 12m	$13.1M	$339K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.008%Rate

Funding earned: $62.58
Price spread: −0.008% → −0.047%: $3.88
Slippage, 4 orders: −$58.31
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$6.85
Costs to cover: 0.733%
Break-even: 7.8 days

Slippage from Gate: live order book, 5 min ago; MEXC: 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	0.04 bp	31.0 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 6 min ago	3.47 bp	8.4 bp −$8	10.6 bp −$106	78.5 bp −$7,851	305.6 bp −$152.8K

XPD on 16 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	1,311.7	long leg	$1.9M	$430K	100x
SunX XPD-USDT	0.0000%	4h	1,309.7	−0.156%	—	$2.0M	10x	as long as short
Lighter XPD	+0.0032%	1h	1,312.4	+0.051%	$399K	$148K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.606%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,310.3	−0.110%	$171K	$4K	75x	as long as short
HTX XPD-USDT	+0.0117%	4h	1,311.5	−0.021%	$10K	$33K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0172%	8h	1,310.9	−0.063%	$321K	$515K	50x	as long as short
Variational Omni XPD	+0.0199%	4h	1,311.9	+0.013%	$539K	$28K	—	as long as short
tradeXYZ xyz:PALLADIUM	+0.0216%	1h	1,309.8	−0.147%	$2.7M	$542K	20x	as long as short
Binance XPDUSDT	+0.0293%	4h	1,311.9	+0.009%	$3.8M	$4.4M	100x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XPD_USDTshort	+0.0298%	4h	1,311.6	−0.008%	$13.1M	$339K	100x
BloFin XPD-USDT	+0.0331%	4h	1,312.7	+0.070%	$30K	$19K	100x	as long as short
edgeX XPDUSDC	+0.0333%	4h	1,311.8	+0.003%	$38K	$206K	10x	as long as short
Bitget XPDUSDT	+0.0382%	4h	1,310.8	−0.071%	$5.0M	$284K	100x	as long as short
Aster XPDUSDT	+0.0461%	4h	1,310.8	−0.073%	$27K	$12K	20x	as long as short
GRVT XPD_USDT_Perp	+0.0942%	4h	1,311.2	−0.039%	$337K	$1.1M	25x	as long as short