XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.034%

Price spread now: GRVT against KuCoin+0.101%68s7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as 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−$1501.500% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.288%+$29 on $10k

Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.101%, 7d avg −0.014%

Together, before fees+0.170%+ Points / potential airdropGRVT: Active · farm board+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GRVT is 0.114% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.014%. 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	1,315	0.0100	pay 0.0050% / 4h	44m 11s	$171K	$4K	75x
Short	GRVT XPD_USDT_Perp	1,316.3	0.0458	get 0.0229% / 4h	44m 11s	$338K	$1.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.101%Rate

Funding earned: $75.18
Price spread: +0.101% → −0.014%: $11.41
Slippage, 4 orders: −$128.96
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$63.38
Costs to cover: 1.500%
Break-even: 12.9 days

Slippage from KuCoin: live order book, 10 min ago; GRVT: live order book, 4 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, 10 min ago	19.05 bp	82.4 bp −$82	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	0.08 bp	7.7 bp −$8	doesn't fit	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
tradeXYZ xyz:PALLADIUM	−0.0009%	1h	1,313.9	−0.081%	$2.7M	$524K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,316.4	+0.111%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,316.3	+0.100%	$2.0M	$410K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,315.8	+0.063%	$13.2M	$337K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,316.5	+0.115%	$541K	$12K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,315.2	+0.016%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,316.3	+0.101%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,313.3	−0.128%	—	—	—	as long as short
edgeX XPDUSDC	+0.0020%	4h	1,316.4	+0.111%	$38K	$206K	10x	as long as short
BloFin XPD-USDT	+0.0020%	4h	1,316.1	+0.083%	$30K	$19K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPD	+0.0032%	1h	1,316.7	+0.132%	$404K	$153K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.357%	$16K	$20K	52x	as long as short
Bitget XPDUSDT	+0.0074%	4h	1,315.8	+0.062%	$5.0M	$219K	100x	as long as short
KuCoin XPDUSDTMlong	+0.0100%	4h	1,315	long leg	$171K	$4K	75x
Aster XPDUSDT	+0.0130%	4h	1,316	+0.079%	$27K	$12K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0161%	8h	1,315.1	+0.011%	$321K	$486K	50x	as long as short
GRVT XPD_USDT_Perpshort	+0.0458%	4h	1,316.3	+0.101%	$338K	$1.0M	25x