XPD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KalshiKXPALLADIUMPERP	1,213.9	+0.0036	pay 0.0107% / 24h	28m 55s	$373K	$933K	4.5x	Long Kalshi
SHORT	KuCoinXPDUSDTM	1,217.4	0	0.0000% / 4h	2h 28m	$167K	$37K	75x	Short KuCoin

Price gap+0.285%

Funding gap−0.0036% /8h

The gap pays +$24 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 23 days.

Funding on this pair paid 0.062% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$6−0.0036% /8h now · paid +0.062% over the last 7D

Price+$24spread +0.285% now, avg +0.042% → +0.243% if it goes back

Costs−$2242.241% of $10k · taker + slippage, in and out

Result−$194−1.94%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

KuCoin price against Kalshinow

RANGE STATS · 7D

Now+0.285%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPD on 17 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size10.0 / 102.6 bp
At $10k entering KuCoin costs 102.6 bp, fee and slippage, 10.3× Kalshi’s.
Note: Margin at max leverage$2,181 + $133
Kalshi 4.5x, KuCoin 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ24h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.07Long Kalshi: 1 payment, −$1.07; short KuCoin: 6 payments, $0.00.
OK: Entry gap works for you+0.285% vs +0.042%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$167K vs $373K OI
KuCoin sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKalshi Yes · KuCoin Yes
A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0030%/8h × 21 periods+$6.20

Price spread+0.285% → +0.042% (7d avg)+$24.29

Slippage, 4 orderslive order books−$202.10

Fee Kalshi bp × 2 orders−$10.00

Fee KuCoin bp × 2 orders−$12.00

Net · 7 days · $10k−$193.61

Costs to cover2.241%Break-even225.6 days

Slippage: Kalshi: live order book, 9 min ago; KuCoin: live order book, 54 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKalshi4.1010.0 bp−$1010.7 bp−$107doesn’t fitdoesn’t fit

SELL · SHORTKuCoin27.78102.6 bp−$103582.7 bp−$5,827doesn’t fitdoesn’t fit

Closing costs about the same again.

XPD news

posts that mention XPD or Palladium, from every exchangeSearch all news →

09-29 11:00	gTrade (Gains Network)	Listing	XPD/USD no longer reported ($XPD) seen by our collector
09-23 13:33	Kalshi	Listing	new market KXPALLADIUMPERP ($XPD) seen by our collector

XPD