XPD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXXPD-USDT	1,216.8	0	0.0000% / 4h	3h 42m	—	$406K	10x	Long SunX≤10% back
SHORT	BingXNCCOPALLADIUM2USD-USDT	1,219.6	+0.0368	get 0.0184% / 4h	3h 42m	$935K	$6.6M	—	Short BingX

Price gap+0.228%

Funding gap+0.0368% /8h

Both sides work: funding pays +$11 a day on $10k, and the gap is 0.085% above its 7d average: +$9 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$65+0.0368% /8h now · paid +0.655% over the last 7D

Price+$9spread +0.228% now, avg +0.143% → +0.085% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$74+0.74%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.228%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPD on 18 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$1,000 + —
SunX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$11.04Long SunX: 6 payments, $0.00; short BingX: 6 payments, +$11.04.
OK: Entry gap works for you+0.228% vs +0.143%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner— vs $935K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCSunX No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0312%/8h × 21 periods+$65.49

Price spread+0.228% → +0.143% (7d avg)+$8.51

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee SunX bp × 2 orders−$8.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: SunX: live order book, 23 min ago; BingX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX900.06doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX0.657.7 bp−$818.2 bp−$18290.5 bp−$9,055371.1 bp−$185.6K

Closing costs about the same again.

XPD news

posts that mention XPD or Palladium, from every exchangeSearch all news →

09-29 11:00	gTrade (Gains Network)	Listing	XPD/USD no longer reported ($XPD) seen by our collector
09-23 13:33	Kalshi	Listing	new market KXPALLADIUMPERP ($XPD) seen by our collector

XPD