XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.46 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against KuCoin+0.125%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$207as in the Funding arb table

Net, price: spread back to 7d avg − costs−$185as in the Price arb table

costs, in and out, $10k−$1951.946% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.122%−$12 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.125%, 7d avg +0.033%

Together, before fees−0.167%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.092% dearer against KuCoin than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of +0.033%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XPDUSDTM	1,320	0.0100	pay 0.0050% / 4h	3h 53m	$172K	$5K	75x
Short	Gate XPD_USDT	1,321.6	0.0008	get 0.0004% / 4h	3h 53m	$2.0M	$416K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now +0.125%Rate

Funding earned: −$19.32
Price spread: +0.125% → +0.033%: $9.25
Slippage, 4 orders: −$167.62
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$204.69
Costs to cover: 1.946%
Break-even: never at this rate

Slippage from KuCoin: live order book, 61 min ago; Gate: live order book, 5 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, 61 min ago	19.05 bp	82.4 bp −$82	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.08 bp	28.7 bp −$29	131.4 bp −$1,314	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	+0.053%	$30K	$19K	100x	as long as short
tradeXYZ xyz:PALLADIUM	−0.0027%	1h	1,319	−0.074%	$2.7M	$523K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,321.3	+0.099%	$3.8M	$4.3M	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,321	+0.078%	$13.2M	$337K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,320.7	+0.056%	$5.1M	$220K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,321.3	+0.102%	$547K	$16K	—	as long as short
GRVT XPD_USDT_Perp	0.0000%	4h	1,321	+0.075%	$340K	$915K	25x	as long as short
SunX XPD-USDT	0.0000%	4h	1,320	−0.002%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,320.7	+0.055%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,319.6	−0.027%	—	—	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XPD_USDTshort	+0.0008%	4h	1,321.6	+0.125%	$2.0M	$416K	100x
edgeX XPDUSDC	+0.0014%	4h	1,319.1	−0.068%	$38K	$205K	10x	as long as short
Aster XPDUSDT	+0.0024%	4h	1,320.5	+0.039%	$27K	$12K	20x	as long as short
Lighter XPD	+0.0032%	1h	1,321.3	+0.100%	$407K	$154K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+0.971%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTMlong	+0.0100%	4h	1,320	long leg	$172K	$5K	75x
OKX XPD-USDT-SWAP	+0.0137%	8h	1,321.1	+0.085%	$321K	$487K	50x	as long as short