Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h −0.015%

Price spread now: Aster against OKX−0.065%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.065% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPD-USDT-SWAP	1,301.6	0.0035	pay 0.0035% / 8h	7h 04m	$338K	$548K	50x
Short	Aster XPDUSDT	1,300.8	0	get 0.0000% / 4h	3h 04m	$27K	$6K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$7.28
Price spread: −0.065% → 0.000%: −$6.47
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$31.75
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 27 min ago; Aster: no order-book sample. Net counts fees only.

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 OKX live order book, 27 min ago	0.39 bp	18.5 bp −$19	81.2 bp −$812	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0277%	1h	1,299.1	−0.192%	$2.7M	$575K	20x	as long as short
BloFin XPD-USDT	−0.0046%	4h	1,304	+0.187%	$32K	$22K	100x	as long as short
Aster XPDUSDTshort	0.0000%	4h	1,300.8	−0.065%	$27K	$6K	20x
Binance XPDUSDT	0.0000%	4h	1,301.8	+0.013%	$3.6M	$5.2M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,302.3	+0.055%	$2.0M	$494K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,301.5	−0.011%	$12.9M	$372K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,302.8	+0.095%	$530K	$32K	—	as long as short
GRVT XPD_USDT_Perp	0.0000%	4h	1,303.3	+0.134%	$337K	$628K	25x	as long as short
SunX XPD-USDT	0.0000%	4h	1,303.1	+0.118%	—	$1.6M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,303.9	+0.174%	$10K	$35K	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	1,299.7	−0.146%	—	—	—	as long as short
edgeX XPDUSDC	+0.0011%	4h	1,302	+0.033%	$37K	$206K	10x	as long as short
Bitget XPDUSDT	+0.0022%	4h	1,301.8	+0.016%	$5.0M	$300K	100x	as long as short
Lighter XPD	+0.0032%	1h	1,301.5	−0.008%	$400K	$161K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.397%	$16K	$20K	52x	as long as short
OKX XPD-USDT-SWAPlong	+0.0035%	8h	1,301.6	long leg	$338K	$548K	50x
KuCoin XPDUSDTM	+0.0100%	4h	1,300.8	−0.060%	$169K	$7K	75x	as long as short