Funding you earn now, next payment 04:00 UTC−0.0211%/8h= −23.1% APRnext payment −$1.05 per $10,000 · paid last 24h −0.028%
Price spread now: edgeX against GRVT+0.006%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.006%, 7d avg +0.021%
=Together, before fees−0.377%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XPD_USDT_Perp | 1,305.4 | 0.0196 | pay 0.0098% / 4h | 1h 11m | $338K | $732K | 25x |
| Short | edgeX XPDUSDC | 1,305.5 | −0.0015 | pay 0.0007% / 4h | 1h 11m | $38K | $205K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.29
- Price spread: +0.006% → +0.021%
- −$1.52
- Slippage, 4 orders
- −$21.05
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$84.86
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 12 min ago; edgeX: live order book, 50 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, 12 min ago | 0.23 bp | 15.2 bp −$15 | 14379.3 bp −$143.8K | doesn't fit | doesn't fit |
| Sell edgeX live order book, 50 min ago | 1.18 bp | 6.6 bp −$7 | 132.0 bp −$1,320 | 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 | −0.0018% | 1h | 1,302.8 | −0.201% | $2.7M | $494K | 20x | as long as short |
| edgeX XPDUSDCshort | −0.0015% | 4h | 1,305.5 | +0.006% | $38K | $205K | 10x | |
| BloFin XPD-USDT | −0.0003% | 4h | 1,305.9 | +0.037% | $31K | $20K | 100x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,304.7 | −0.054% | $27K | $5K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,305.3 | −0.006% | $3.7M | $4.5M | 100x | as long as short |
| OKX XPD-USDT-SWAP | 0.0000% | 8h | 1,305 | −0.032% | $323K | $475K | 50x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,305.4 | −0.005% | $2.0M | $458K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,305.1 | −0.024% | $13.1M | $270K | 100x | as long as short |
| Bitget XPDUSDT | 0.0000% | 4h | 1,305 | −0.034% | $5.0M | $238K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,306.1 | +0.055% | $539K | $16K | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,304.6 | −0.064% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,305.4 | +0.002% | $9K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,303.5 | −0.145% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,305.1 | −0.024% | $402K | $155K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.097% | $16K | $20K | 52x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,303.4 | −0.158% | $170K | $5K | 75x | as long as short |
| GRVT XPD_USDT_Perplong | +0.0196% | 4h | 1,305.4 | long leg | $338K | $732K | 25x |
GRVT XPD_USDT_Perp
edgeX XPDUSDC
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
OKX XPD-USDT-SWAP
Gate XPD_USDT
MEXC XPD_USDT
Bitget XPDUSDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM