Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1203%/8h= −131.7% APRpaid last 24h −0.068%
Price spread now: gTrade (Gains Network) against GRVT−0.051%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and gTrade (Gains Network) is 0.051% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XPD_USDT_Perp1,295.30.1210pay 0.0605% / 4h2h 27m$335K$714K25x
ShortgTrade (Gains Network) XPD/USD1,294.6L +0.0008% / S −0.0007%get 0.0001% / 1h27m 01s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$252.55
Price spread: −0.051% → 0.000%
−$5.12
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$276.68
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 46 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 46 min ago0.15 bp7.5 bp −$812953.7 bp −$129.5Kdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XPD on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XPD-USDT0.0000%4h1,294.2−0.084%$1.8M10xas long as short
gTrade (Gains Network) XPD/USDshortL +0.0008% / S −0.0007%1h1,294.6−0.051%
Lighter XPD+0.0032%1h1,296.6+0.100%$399K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.895%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,294.7−0.047%$2.7M$471K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,294.5−0.064%$168K$6K75xas long as short
Gate XPD_USDT+0.0130%4h1,296.1+0.062%$2.0M$478K100xas long as short
Variational Omni XPD+0.0323%4h1,297.7+0.186%$535K$24Kas long as short
OKX XPD-USDT-SWAP+0.0388%8h1,296.6+0.100%$320K$478K50xas long as short
HTX XPD-USDT+0.0390%4h1,295.7+0.029%$10K$34K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XPD-USDT+0.0409%4h1,295.5+0.014%$30K$20K100xas long as short
edgeX XPDUSDC+0.0423%4h1,297.7+0.185%$37K$207K10xas long as short
MEXC XPD_USDT+0.0438%4h1,295.6+0.020%$13.0M$269K100xas long as short
Binance XPDUSDT+0.0439%4h1,296.7+0.105%$3.8M$4.8M100xas long as short
Bitget XPDUSDT+0.0600%4h1,295.5+0.015%$5.0M$246K100xas long as short
Aster XPDUSDT+0.0711%4h1,295.8+0.036%$26K$5K20xas long as short
GRVT XPD_USDT_Perplong+0.1210%4h1,295.3long leg$335K$714K25x