Funding you earn now, next payment 04:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.43 per $10,000 · paid last 24h −0.033%
Price spread now: edgeX against KuCoin−0.083%68s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1621.623% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.083%, 7d avg +0.011%
=Together, before fees+0.004%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.094% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 68 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 | KuCoin XPDUSDTM | 1,320.2 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $172K | $5K | 75x |
| Short | edgeX XPDUSDC | 1,319.1 | 0.0014 | get 0.0007% / 4h | 3h 52m | $38K | $205K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- −$17.96
- Price spread: −0.083% → +0.011%
- −$9.36
- Slippage, 4 orders
- −$141.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$189.58
- Costs to cover
- 1.623%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 62 min ago; edgeX: live order book, 19 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 KuCoin live order book, 62 min ago | 19.05 bp | 82.4 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 19 min ago | 8.13 bp | 13.7 bp −$14 | 121.0 bp −$1,210 | 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 | 1,320.7 | +0.038% | $30K | $19K | 100x | as long as short |
| tradeXYZ xyz:PALLADIUM | −0.0011% | 1h | 1,319.3 | −0.067% | $2.7M | $523K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,321.6 | +0.106% | $3.8M | $4.3M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,321.6 | +0.105% | $2.0M | $416K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,321.2 | +0.080% | $13.2M | $337K | 100x | as long as short |
| Bitget XPDUSDT | 0.0000% | 4h | 1,321 | +0.061% | $5.1M | $220K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,321.3 | +0.087% | $547K | $16K | — | as long as short |
| GRVT XPD_USDT_Perp | 0.0000% | 4h | 1,321 | +0.060% | $340K | $915K | 25x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,320 | −0.017% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,320.7 | +0.040% | $10K | $33K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,319.7 | −0.038% | — | — | — | as long as short |
| edgeX XPDUSDCshort | +0.0014% | 4h | 1,319.1 | −0.083% | $38K | $205K | 10x | |
| Aster XPDUSDT | +0.0022% | 4h | 1,321 | +0.065% | $27K | $12K | 20x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,321.9 | +0.130% | $407K | $154K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +0.956% | $16K | $20K | 52x | as long as short |
| KuCoin XPDUSDTMlong | +0.0100% | 4h | 1,320.2 | long leg | $172K | $5K | 75x | |
| OKX XPD-USDT-SWAP | +0.0137% | 8h | 1,321.1 | +0.070% | $321K | $487K | 50x | as long as short |
KuCoin XPDUSDTM
edgeX XPDUSDC
BloFin XPD-USDT
tradeXYZ xyz:PALLADIUM
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Bitget XPDUSDT
Variational Omni XPD
GRVT XPD_USDT_Perp
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Aster XPDUSDT
Lighter XPD
Injective XPD/USDC PERP
OKX XPD-USDT-SWAP