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+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against SunX+0.221%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.221% dearer against SunX than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XPD-USDT1,293.70get 0.0000% / 4h1h 05m$1.7M10x
ShortBloFin XPD-USDT1,296.50.0070get 0.0035% / 4h1h 05m$30K$20K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$14.71
Price spread: +0.221% → 0.000%
$22.11
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$16.82
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: SunX: live order book, 10 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago900.04 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XPD_USDT0.0000%4h1,295.5+0.140%$2.0M$482K100xas long as short
Variational Omni XPD0.0000%4h1,295.5+0.142%$534K$24Kas long as short
SunX XPD-USDTlong0.0000%4h1,293.7long leg$1.7M10x
HTX XPD-USDT0.0000%4h1,296.8+0.243%$9K$35K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,293.4−0.021%as long as short
Lighter XPD+0.0032%1h1,295.6+0.149%$399K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+3.025%$16K$20K52xas long as short
Binance XPDUSDT+0.0044%4h1,295.5+0.144%$3.7M$4.8M100xas long as short
MEXC XPD_USDT+0.0046%4h1,295.2+0.120%$13.0M$272K100xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,293.5−0.013%$2.7M$435K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XPD-USDTshort+0.0070%4h1,296.5+0.221%$30K$20K100x
edgeX XPDUSDC+0.0077%4h1,297.5+0.295%$37K$205K10xas long as short
KuCoin XPDUSDTM+0.0100%4h1,295.1+0.107%$168K$7K75xas long as short
OKX XPD-USDT-SWAP+0.0269%8h1,295.4+0.134%$322K$475K50xas long as short
Aster XPDUSDT+0.0311%4h1,295.5+0.139%$27K$6K20xas long as short
Bitget XPDUSDT+0.0444%4h1,294.8+0.087%$5.0M$246K100xas long as short
GRVT XPD_USDT_Perp+0.0708%4h1,297+0.257%$336K$692K25xas long as short