XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.030%

Price spread now: Binance against KuCoin+0.045%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1501.502% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.045%, 7d avg +0.026%

Together, before fees−0.103%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XPDUSDTM	1,299.5	0.0100	pay 0.0050% / 4h	3h 46m	$169K	$5K	75x
Short	Binance XPDUSDT	1,300	0.0056	get 0.0028% / 4h	3h 46m	$3.8M	$4.7M	100x

Funding history

latest

Range statsloading…

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.045%Rate

Slippage from KuCoin: live order book, 18 min ago; Binance: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 18 min ago	23.83 bp	54.9 bp −$55	540.7 bp −$5,407	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.96 bp	13.9 bp −$14	38.8 bp −$388	151.4 bp −$15.1K	doesn't fit

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
Variational Omni XPD	0.0000%	4h	1,299.3	−0.012%	$536K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,297	−0.192%	—	$1.8M	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,297.5	−0.152%	—	—	—	as long as short
edgeX XPDUSDC	+0.0030%	4h	1,299.8	+0.024%	$37K	$206K	10x	as long as short
Lighter XPD	+0.0032%	1h	1,300.1	+0.049%	$401K	$158K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.566%	$16K	$20K	52x	as long as short
MEXC XPD_USDT	+0.0044%	4h	1,298.6	−0.063%	$13.1M	$268K	100x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,297.1	−0.182%	$2.7M	$493K	20x	as long as short
Binance XPDUSDTshort	+0.0056%	4h	1,300	+0.045%	$3.8M	$4.7M	100x
KuCoin XPDUSDTMlong	+0.0100%	4h	1,299.5	long leg	$169K	$5K	75x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPD-USDT	+0.0108%	4h	1,300.5	+0.083%	$30K	$20K	100x	as long as short
OKX XPD-USDT-SWAP	+0.0133%	8h	1,299.5	+0.003%	$321K	$474K	50x	as long as short
Aster XPDUSDT	+0.0211%	4h	1,298.5	−0.074%	$26K	$5K	20x	as long as short
Gate XPD_USDT	+0.0222%	4h	1,299.9	+0.033%	$2.0M	$469K	100x	as long as short
Bitget XPDUSDT	+0.0268%	4h	1,297.5	−0.153%	$5.0M	$240K	100x	as long as short
HTX XPD-USDT	+0.0480%	4h	1,299.8	+0.028%	$9K	$34K	20x	as long as short
GRVT XPD_USDT_Perp	+0.1338%	4h	1,299.6	+0.009%	$338K	$720K	25x	as long as short