XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0478%/8h= −52.3% APRnext payment −$2.39 per $10,000 · paid last 24h −0.064%

Price spread now: Gate against GRVT+0.131%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$680.676% of the position

Long on GRVT Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.410%−$41 on $10k

Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.131%, 7d avg +0.041%

Together, before fees−0.474%+ Points / potential airdropGRVT: Active · farm board−$47 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.090% dearer against GRVT than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of +0.041%): +$9 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.410% in total) that is about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT XPD_USDT_Perp	1,317.2	0.0478	pay 0.0239% / 4h	1m 20s	$339K	$935K	25x
Short	Gate XPD_USDT	1,318.9	0	get 0.0000% / 4h	1m 20s	$2.0M	$418K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.131%Rate

Funding earned: −$100.38
Price spread: +0.131% → +0.041%: $9
Slippage, 4 orders: −$43.6
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$158.99
Costs to cover: 0.676%
Break-even: never at this rate

Slippage from GRVT: live order book, 37 min ago; Gate: live order book, 1 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, 37 min ago	0.87 bp	8.6 bp −$9	11820.8 bp −$118.2K	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.72 bp	25.9 bp −$26	128.6 bp −$1,286	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	−0.0029%	4h	1,317.1	−0.008%	$30K	$19K	100x	as long as short
edgeX XPDUSDC	−0.0019%	4h	1,318.2	+0.075%	$38K	$206K	10x	as long as short
Binance XPDUSDT	0.0000%	4h	1,319	+0.136%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDTshort	0.0000%	4h	1,318.9	+0.131%	$2.0M	$418K	100x
MEXC XPD_USDT	0.0000%	4h	1,318.9	+0.126%	$13.2M	$340K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,318.8	+0.118%	$546K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,317.1	−0.010%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,318.2	+0.072%	$10K	$33K	20x	as long as short
Bitget XPDUSDT	+0.0002%	4h	1,318.3	+0.085%	$5.0M	$219K	100x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,318	+0.064%	—	—	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPD	+0.0032%	1h	1,319.2	+0.152%	$405K	$153K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.184%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0047%	1h	1,317.3	+0.008%	$2.7M	$523K	20x	as long as short
Aster XPDUSDT	+0.0055%	4h	1,318.8	+0.120%	$27K	$12K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,318.2	+0.076%	$172K	$4K	75x	as long as short
OKX XPD-USDT-SWAP	+0.0149%	8h	1,318.5	+0.099%	$321K	$486K	50x	as long as short
GRVT XPD_USDT_Perplong	+0.0478%	4h	1,317.2	long leg	$339K	$935K	25x