XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.030%

Price spread now: MEXC against KuCoin+0.092%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$202as in the Funding arb table

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

costs, in and out, $10k−$1931.926% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.092%, 7d avg +0.018%

Together, before fees−0.138%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.074% dearer against KuCoin than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.018%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.094% in total) that is about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XPDUSDTM	1,312.1	0.0100	pay 0.0050% / 4h	2h 40m	$171K	$5K	75x
Short	MEXC XPD_USDT	1,313.3	0	get 0.0000% / 4h	2h 40m	$13.2M	$332K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.092%Rate

Funding earned: −$21
Price spread: +0.092% → +0.018%: $7.39
Slippage, 4 orders: −$180.64
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$206.26
Costs to cover: 1.926%
Break-even: never at this rate

Slippage from KuCoin: live order book, 64 min ago; MEXC: live order book, 3 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, 64 min ago	19.10 bp	56.9 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.51 bp	7.9 bp −$8	9.7 bp −$97	85.6 bp −$8,558	309.2 bp −$154.6K

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
Binance XPDUSDT	0.0000%	4h	1,313.5	+0.107%	$3.8M	$4.4M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,313.7	+0.122%	$2.0M	$437K	100x	as long as short
MEXC XPD_USDTshort	0.0000%	4h	1,313.3	+0.092%	$13.2M	$332K	100x
Variational Omni XPD	0.0000%	4h	1,313.2	+0.087%	$544K	$14K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,311.4	−0.053%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,313.7	+0.120%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,311.7	−0.032%	—	—	—	as long as short
Aster XPDUSDT	+0.0008%	4h	1,312.7	+0.045%	$27K	$12K	20x	as long as short
edgeX XPDUSDC	+0.0019%	4h	1,315.3	+0.247%	$38K	$205K	10x	as long as short
Lighter XPD	+0.0032%	1h	1,313.9	+0.136%	$405K	$154K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.577%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,311.7	−0.031%	$2.7M	$512K	20x	as long as short
BloFin XPD-USDT	+0.0058%	4h	1,317.3	+0.394%	$30K	$20K	100x	as long as short
Bitget XPDUSDT	+0.0072%	4h	1,313.2	+0.082%	$5.0M	$219K	100x	as long as short
OKX XPD-USDT-SWAP	+0.0089%	8h	1,312.9	+0.060%	$312K	$470K	50x	as long as short
KuCoin XPDUSDTMlong	+0.0100%	4h	1,312.1	long leg	$171K	$5K	75x
GRVT XPD_USDT_Perp	+0.0508%	4h	1,315.1	+0.229%	$340K	$822K	25x	as long as short