Funding you earn now, next payment 23:00 UTC−0.0128%/8h= −14.1% APRpaid last 24h +0.010%
Price spread now: Injective against OKX+1.415%78s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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. Injective is 1.415% dearer against OKX than usual: you sell high and buy low (spread +1.415% now, against zero (this spread has no 7-day history yet)): +$142 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 37 days. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XPD-USDT-SWAP | 1,314.2 | 0.0162 | pay 0.0162% / 8h | 1h 18m | $321K | $483K | 50x |
| Short | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | get 0.0004% / 1h | 18m 02s | $16K | $20K | 52x |
OKX XPD-USDT-SWAP
Injective XPD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26.97
- Price spread: +1.415% → 0.000%
- $141.53
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $104.54
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 63 min ago; Injective: 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, 63 min ago | 0.76 bp | 19.4 bp −$19 | 141.0 bp −$1,410 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDT | 0.0000% | 4h | 1,314.6 | +0.029% | $1.9M | $413K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,315 | +0.059% | $541K | $14K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,313.9 | −0.021% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,314.6 | +0.028% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,312.5 | −0.131% | — | — | — | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0030% | 1h | 1,312.7 | −0.114% | $2.7M | $481K | 20x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,315.6 | +0.107% | $401K | $147K | 20x | as long as short |
| Injective XPD/USDC PERPshort | +0.0033% | 1h | 1,332.8 | +1.415% | $16K | $20K | 52x | |
| Binance XPDUSDT | +0.0056% | 4h | 1,314.5 | +0.025% | $3.8M | $4.2M | 100x | as long as short |
| MEXC XPD_USDT | +0.0062% | 4h | 1,314.8 | +0.043% | $13.2M | $339K | 100x | as long as short |
Gate XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
tradeXYZ xyz:PALLADIUM
Lighter XPD
Binance XPDUSDT
MEXC XPD_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | +0.0073% | 4h | 1,314.6 | +0.030% | $30K | $19K | 100x | as long as short |
| edgeX XPDUSDC | +0.0074% | 4h | 1,314.9 | +0.052% | $38K | $206K | 10x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,313.6 | −0.047% | $171K | $4K | 75x | as long as short |
| OKX XPD-USDT-SWAPlong | +0.0162% | 8h | 1,314.2 | long leg | $321K | $483K | 50x | |
| Bitget XPDUSDT | +0.0176% | 4h | 1,314.1 | −0.011% | $5.0M | $219K | 100x | as long as short |
| Aster XPDUSDT | +0.0202% | 4h | 1,314.2 | 0.000% | $27K | $12K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0522% | 4h | 1,314.5 | +0.023% | $337K | $1.0M | 25x | as long as short |
BloFin XPD-USDT
edgeX XPDUSDC
KuCoin XPDUSDTM
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp