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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XPD-USDT-SWAP | 1,294.3 | 0.0325 | pay 0.0325% / 8h | 1h 46m | $322K | $481K | 50x |
| Short | MEXC XPD_USDT | 1,294.2 | 0.0230 | get 0.0115% / 4h | 1h 46m | $13.0M | $270K | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 59 min ago | 0.77 bp | 15.0 bp −$15 | 76.6 bp −$766 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 3.90 bp | 14.2 bp −$14 | 15.2 bp −$152 | 76.2 bp −$7,621 | 309.5 bp −$154.7K |
XPD on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDT | 0.0000% | 4h | 1,294.2 | −0.010% | $2.0M | $476K | 100x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,292.9 | −0.107% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,294.2 | −0.009% | $9K | $34K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,291.8 | −0.191% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,294.2 | −0.008% | $398K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.975% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,292.2 | −0.162% | $2.7M | $481K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,294.4 | +0.004% | $168K | $7K | 75x | as long as short |
| Variational Omni XPD | +0.0144% | 4h | 1,296.7 | +0.182% | $535K | $24K | — | as long as short |
| BloFin XPD-USDT | +0.0185% | 4h | 1,294.7 | +0.032% | $30K | $20K | 100x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0226% | 4h | 1,294.4 | +0.006% | $3.7M | $4.9M | 100x | as long as short |
| MEXC XPD_USDTshort | +0.0230% | 4h | 1,294.2 | −0.005% | $13.0M | $270K | 100x | |
| edgeX XPDUSDC | +0.0246% | 4h | 1,296 | +0.131% | $37K | $206K | 10x | as long as short |
| OKX XPD-USDT-SWAPlong | +0.0325% | 8h | 1,294.3 | long leg | $322K | $481K | 50x | |
| Aster XPDUSDT | +0.0484% | 4h | 1,293.7 | −0.044% | $26K | $5K | 20x | as long as short |
| Bitget XPDUSDT | +0.0496% | 4h | 1,294.1 | −0.013% | $5.0M | $246K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0748% | 4h | 1,296.2 | +0.144% | $337K | $704K | 25x | as long as short |
OKX XPD-USDT-SWAP
MEXC XPD_USDT
Gate XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Variational Omni XPD
BloFin XPD-USDT
Binance XPDUSDT
edgeX XPDUSDC
Aster XPDUSDT
Bitget XPDUSDT
GRVT XPD_USDT_Perp