Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h +0.014%

Price spread now: BloFin against OKX−0.010%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 BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPD-USDT-SWAP	1,316.2	0.0154	pay 0.0154% / 8h	1h 07m	$321K	$485K	50x
Short	BloFin XPD-USDT	1,316.1	0.0059	get 0.0030% / 4h	1h 07m	$30K	$19K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$19.95
Price spread: −0.010% → 0.000%: −$0.99
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$42.94
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 8 min ago; BloFin: 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, 8 min ago	0.38 bp	17.0 bp −$17	81.9 bp −$819	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: 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	−0.0015%	1h	1,313.5	−0.205%	$2.7M	$523K	20x	as long as short
Gate XPD_USDT	0.0000%	4h	1,316.5	+0.019%	$2.0M	$414K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,316.1	−0.010%	$541K	$12K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,315.5	−0.053%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,316.1	−0.010%	$10K	$33K	20x	as long as short
Binance XPDUSDT	+0.0004%	4h	1,316	−0.013%	$3.8M	$4.3M	100x	as long as short
MEXC XPD_USDT	+0.0004%	4h	1,315.7	−0.036%	$13.2M	$340K	100x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,313	−0.245%	—	—	—	as long as short
edgeX XPDUSDC	+0.0011%	4h	1,315.9	−0.020%	$38K	$205K	10x	as long as short
Lighter XPD	+0.0032%	1h	1,316.2	0.000%	$401K	$150K	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	+1.261%	$16K	$20K	52x	as long as short
BloFin XPD-USDTshort	+0.0059%	4h	1,316.1	−0.010%	$30K	$19K	100x
KuCoin XPDUSDTM	+0.0100%	4h	1,314.6	−0.121%	$171K	$4K	75x	as long as short
Bitget XPDUSDT	+0.0122%	4h	1,315.3	−0.068%	$5.0M	$219K	100x	as long as short
Aster XPDUSDT	+0.0143%	4h	1,314.8	−0.103%	$27K	$12K	20x	as long as short
OKX XPD-USDT-SWAPlong	+0.0154%	8h	1,316.2	long leg	$321K	$485K	50x
GRVT XPD_USDT_Perp	+0.0458%	4h	1,316.2	+0.001%	$338K	$1.0M	25x	as long as short