Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

XPD

RWAAll XPD markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
KuCoinXPDUSDTM
1,218.200.0000% / 4h1h 56m$167K$37K75xLong KuCoin
SHORT
KalshiKXPALLADIUMPERP
1,217.6+0.0166get 0.0499% / 24h23h 56m$402K$973K4.5xShort Kalshi
Price gap−0.049%
Funding gap+0.0166% /8h

Funding trade: +$5 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

Funding on this pair cost 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+0.0166% /8h now · paid −0.062% over the last 7D
Price−$1spread −0.049% now, avg −0.042% → −0.007% if it goes back
Costs−$1761.764% of $10k · taker + slippage, in and out
Result−$183−1.83%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

Kalshi price against KuCoinnow
RANGE STATS · 7D
Now−0.049%
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

0 ok · 4 to watch
  • Watch: Thin at this size85.5 / 11.0 bp
    At $10k entering KuCoin costs 85.5 bp, fee and slippage, 7.8× Kalshi’s.
  • Note: Margin at max leverage$133 + $2,181
    KuCoin 75x, Kalshi 4.5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 24h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$4.99Long KuCoin: 6 payments, $0.00; short Kalshi: 1 payment, +$4.99.
  • Note: Gap at its usual level−0.049% vs −0.042%
    The price leg adds little either way.
  • Watch: Long leg is thinner$167K vs $402K OI
    KuCoin sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKuCoin Yes · Kalshi Yes
    Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0029%/8h × 21 periods−$6.18
Price spread−0.049% → −0.042% (7d avg)−$0.71
Slippage, 4 orderslive order books−$154.39
Fee KuCoin bp × 2 orders−$12.00
Fee Kalshi bp × 2 orders−$10.00
Net · 7 days · $10k−$183.28
Costs to cover1.764%Break-evennever at this rate
Slippage: KuCoin: live order book, 12 min ago; Kalshi: live order book, 41 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKuCoin18.3385.5 bp−$85556.8 bp−$5,568doesn’t fitdoesn’t fit
SELL · SHORTKalshi4.1011.0 bp−$1117.2 bp−$172doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XPD news

posts that mention XPD or Palladium, from every exchangeSearch all news →
09-29 11:00gTrade (Gains Network)ListingXPD/USD no longer reported ($XPD) seen by our collector
09-23 13:33KalshiListingnew market KXPALLADIUMPERP ($XPD) seen by our collector