Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.021%
Price spread now: tradeXYZ against Injective−1.561%74s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 1.561% cheaper against Injective than usual: you would sell low and buy high (spread −1.561% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$156 on $10k: about 10 months of funding at the current rate (+$1 a day). The two prices were read 74 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 | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | pay 0.0004% / 1h | 24m 04s | $16K | $20K | 52x |
| Short | tradeXYZ xyz:PALLADIUM | 1,312 | 0.0050 | get 0.0006% / 1h | 24m 04s | $2.7M | $517K | 20x |
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Injective. 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
- $3.5
- Price spread: −1.561% → 0.000%
- −$156.06
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$170.58
- Costs to cover
- 0.180%
- Break-even
- 348.2 days
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 4 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 4 min ago | 2.29 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0018% | 4h | 1,315 | −1.336% | $30K | $20K | 100x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,313.9 | −1.415% | $3.8M | $4.4M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,313.7 | −1.434% | $2.0M | $435K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,314.7 | −1.358% | $13.2M | $339K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,314.5 | −1.369% | $544K | $14K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,312.8 | −1.503% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,314.2 | −1.398% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,312.8 | −1.501% | — | — | — | as long as short |
| edgeX XPDUSDC | +0.0020% | 4h | 1,315.2 | −1.323% | $38K | $205K | 10x | as long as short |
| Bitget XPDUSDT | +0.0022% | 4h | 1,313.8 | −1.429% | $5.0M | $222K | 100x | as long as short |
BloFin XPD-USDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
edgeX XPDUSDC
Bitget XPDUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPDUSDT | +0.0027% | 4h | 1,313.6 | −1.438% | $27K | $12K | 20x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,315.1 | −1.328% | $405K | $154K | 20x | as long as short |
| Injective XPD/USDC PERPlong | +0.0033% | 1h | 1,332.8 | long leg | $16K | $20K | 52x | |
| tradeXYZ xyz:PALLADIUMshort | +0.0050% | 1h | 1,312 | −1.561% | $2.7M | $517K | 20x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,314.4 | −1.381% | $171K | $5K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0116% | 8h | 1,313.9 | −1.418% | $324K | $477K | 50x | as long as short |
| GRVT XPD_USDT_Perp | +0.0698% | 4h | 1,314.4 | −1.379% | $340K | $881K | 25x | as long as short |
Aster XPDUSDT
Lighter XPD
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
GRVT XPD_USDT_Perp