Funding you earn now, next payment 08:00 UTC+0.0580%/8h= +63.5% APRnext payment +$2.90 per $10,000 · paid last 24h +0.017%
Price spread now: Bitget against SunX+0.080%50s7-day average −0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.080%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Bitget is 0.097% dearer against SunX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.236% in total (about 12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XPD-USDT | 1,294.1 | 0 | get 0.0000% / 4h | 2h 20m | — | $1.8M | 10x |
| Short | Bitget XPDUSDT | 1,295.1 | 0.0580 | get 0.0290% / 4h | 2h 20m | $5.0M | $247K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- $121.8
- Price spread: +0.080% → −0.017%
- $9.69
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $111.49
- Costs to cover
- 0.200%
- Break-even
- 0.6 days
Slippage unknown: SunX: live order book, 5 min ago; Bitget: live order book, 3 min ago. 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 SunX live order book, 5 min ago | 900.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.64 bp | 15.2 bp −$15 | 29.3 bp −$293 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDTlong | 0.0000% | 4h | 1,294.1 | long leg | — | $1.8M | 10x | |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,293 | −0.083% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,295.6 | +0.117% | $399K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.992% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,293.4 | −0.053% | $2.7M | $471K | 20x | as long as short |
| Gate XPD_USDT | +0.0088% | 4h | 1,295.2 | +0.089% | $2.0M | $480K | 100x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,294.1 | −0.002% | $168K | $6K | 75x | as long as short |
| HTX XPD-USDT | +0.0286% | 4h | 1,296.3 | +0.174% | $10K | $34K | 20x | as long as short |
| Variational Omni XPD | +0.0288% | 4h | 1,295.5 | +0.113% | $534K | $24K | — | as long as short |
| OKX XPD-USDT-SWAP | +0.0387% | 8h | 1,295.4 | +0.102% | $318K | $477K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0405% | 4h | 1,295.6 | +0.121% | $3.8M | $4.8M | 100x | as long as short |
| MEXC XPD_USDT | +0.0410% | 4h | 1,295.3 | +0.090% | $13.0M | $270K | 100x | as long as short |
| edgeX XPDUSDC | +0.0428% | 4h | 1,295.5 | +0.113% | $37K | $205K | 10x | as long as short |
| BloFin XPD-USDT | +0.0451% | 4h | 1,295.7 | +0.123% | $30K | $20K | 100x | as long as short |
| Bitget XPDUSDTshort | +0.0580% | 4h | 1,295.1 | +0.080% | $5.0M | $247K | 100x | |
| Aster XPDUSDT | +0.0671% | 4h | 1,294.6 | +0.042% | $26K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1130% | 4h | 1,296 | +0.151% | $335K | $711K | 25x | as long as short |
SunX XPD-USDT
Bitget XPDUSDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Gate XPD_USDT
KuCoin XPDUSDTM
HTX XPD-USDT
Variational Omni XPD
OKX XPD-USDT-SWAP
Binance XPDUSDT
MEXC XPD_USDT
edgeX XPDUSDC
BloFin XPD-USDT
Aster XPDUSDT
GRVT XPD_USDT_Perp