Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.015%
Price spread now: MEXC against OKX−0.005%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$15 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.005%, 7d avg +0.007%
Together, before fees−0.167%−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XPD-USDT-SWAP1,294.30.0325pay 0.0325% / 8h1h 46m$322K$481K50x
ShortMEXC XPD_USDT1,294.20.0230get 0.0115% / 4h1h 46m$13.0M$270K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
−$19.97
Price spread: −0.005% → +0.007%
−$1.25
Slippage, 4 orders
−$38.59
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$69.82
Costs to cover
0.486%
Break-even
never at this rate
Slippage from OKX: live order book, 59 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 59 min ago0.77 bp15.0 bp −$1576.6 bp −$766doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.90 bp14.2 bp −$1415.2 bp −$15276.2 bp −$7,621309.5 bp −$154.7K

XPD on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XPD_USDT0.0000%4h1,294.2−0.010%$2.0M$476K100xas long as short
SunX XPD-USDT0.0000%4h1,292.9−0.107%$1.8M10xas long as short
HTX XPD-USDT0.0000%4h1,294.2−0.009%$9K$34K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,291.8−0.191%as long as short
Lighter XPD+0.0032%1h1,294.2−0.008%$398K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.975%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,292.2−0.162%$2.7M$481K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,294.4+0.004%$168K$7K75xas long as short
Variational Omni XPD+0.0144%4h1,296.7+0.182%$535K$24Kas long as short
BloFin XPD-USDT+0.0185%4h1,294.7+0.032%$30K$20K100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XPDUSDT+0.0226%4h1,294.4+0.006%$3.7M$4.9M100xas long as short
MEXC XPD_USDTshort+0.0230%4h1,294.2−0.005%$13.0M$270K100x
edgeX XPDUSDC+0.0246%4h1,296+0.131%$37K$206K10xas long as short
OKX XPD-USDT-SWAPlong+0.0325%8h1,294.3long leg$322K$481K50x
Aster XPDUSDT+0.0484%4h1,293.7−0.044%$26K$5K20xas long as short
Bitget XPDUSDT+0.0496%4h1,294.1−0.013%$5.0M$246K100xas long as short
GRVT XPD_USDT_Perp+0.0748%4h1,296.2+0.144%$337K$704K25xas long as short