Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRpaid last 24h −0.015%

Price spread now: HTX against OKX+0.100%7-day average — · you sell dearer than you buy

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

Long on OKX Short on HTX

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 pays, funding is against you. HTX is 0.100% dearer against OKX than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPD-USDT-SWAP	1,294.4	0.0248	pay 0.0248% / 8h	49m 07s	$322K	$477K	50x
Short	HTX XPD-USDT	1,295.7	0	get 0.0000% / 4h	49m 07s	$10K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$52.07
Price spread: +0.100% → 0.000%: $10.04
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$64.03
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 52 min ago; HTX: 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, 52 min ago	0.77 bp	15.3 bp −$15	84.9 bp −$849	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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
BloFin XPD-USDT	−0.0055%	4h	1,295.4	+0.074%	$30K	$20K	100x	as long as short
edgeX XPDUSDC	−0.0001%	4h	1,295.1	+0.057%	$37K	$205K	10x	as long as short
Binance XPDUSDT	0.0000%	4h	1,295.4	+0.074%	$3.7M	$4.8M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,295.5	+0.083%	$2.0M	$464K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,294.8	+0.032%	$13.0M	$266K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,295	+0.050%	$534K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,293.1	−0.102%	—	$1.7M	10x	as long as short
HTX XPD-USDTshort	0.0000%	4h	1,295.7	+0.100%	$10K	$35K	20x
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,292.6	−0.137%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,294.8	+0.031%	$399K	$160K	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	+2.967%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,292.6	−0.139%	$2.7M	$424K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,293.2	−0.091%	$168K	$7K	75x	as long as short
OKX XPD-USDT-SWAPlong	+0.0248%	8h	1,294.4	long leg	$322K	$477K	50x
Aster XPDUSDT	+0.0258%	4h	1,294.7	+0.027%	$27K	$6K	20x	as long as short
Bitget XPDUSDT	+0.0424%	4h	1,294.9	+0.039%	$5.0M	$250K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0690%	4h	1,294.6	+0.013%	$336K	$681K	25x	as long as short