XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.022%

Price spread now: Bitget against GRVT−0.021%103s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as 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−$570.573% of the position

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.021%, 7d avg −0.016%

Together, before fees−0.235%+ Points / potential airdropGRVT: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 103 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	GRVT XPD_USDT_Perp	1,305.8	0.0178	pay 0.0089% / 4h	1h 13m	$338K	$732K	25x
Short	Bitget XPDUSDT	1,305.5	0	get 0.0000% / 4h	1h 13m	$5.0M	$222K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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 GRVTbpFee BitgetbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$37.38
Price spread: −0.021% → −0.016%: −$0.59
Slippage, 4 orders: −$36.25
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$95.22
Costs to cover: 0.573%
Break-even: never at this rate

Slippage from GRVT: live order book, 9 min ago; Bitget: live order book, 4 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 GRVT live order book, 9 min ago	0.23 bp	15.2 bp −$15	14379.3 bp −$143.8K	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	5.25 bp	17.1 bp −$17	42.6 bp −$426	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
BloFin XPD-USDT	−0.0048%	4h	1,306.6	+0.065%	$31K	$20K	100x	as long as short
tradeXYZ xyz:PALLADIUM	−0.0025%	1h	1,303.6	−0.167%	$2.7M	$494K	20x	as long as short
Aster XPDUSDT	0.0000%	4h	1,306	+0.020%	$27K	$5K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,305.1	−0.049%	$3.7M	$4.5M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,305.6	−0.014%	$323K	$475K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,306	+0.020%	$2.0M	$457K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,305	−0.058%	$13.1M	$269K	100x	as long as short
Bitget XPDUSDTshort	0.0000%	4h	1,305.5	−0.021%	$5.0M	$222K	100x
Variational Omni XPD	0.0000%	4h	1,306.1	+0.027%	$539K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,304.7	−0.086%	—	$1.8M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX XPD-USDT	0.0000%	4h	1,305.5	−0.020%	$10K	$33K	20x	as long as short
edgeX XPDUSDC	+0.0002%	4h	1,305.7	−0.004%	$38K	$206K	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,303.5	−0.174%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,305.8	+0.002%	$403K	$155K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.069%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,304.4	−0.110%	$170K	$5K	75x	as long as short
GRVT XPD_USDT_Perplong	+0.0178%	4h	1,305.8	long leg	$338K	$732K	25x