XPD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXXPD-USDT	1,201	0	0.0000% / 4h	3h 16m	—	$413K	10x	Long SunX≤10% back
SHORT	KalshiKXPALLADIUMPERP	1,201.5	+0.0121	get 0.0364% / 24h	13h 16m	$423K	$1.5M	4.5x	Short Kalshi

Price gap+0.038%

Funding gap+0.0121% /8h

Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

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

Funding+$8+0.0121% /8h now · paid +0.076% over the last 7D

Price$0spread +0.038% now, avg +0.033% → +0.005% if it goes back

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

Result, before costs+$8+0.08%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.038%

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

0 ok · 4 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 + $2,181
SunX 10x, Kalshi 4.5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 24h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$3.64Long SunX: 6 payments, $0.00; short Kalshi: 1 payment, +$3.64.
Note: Gap at its usual level+0.038% vs +0.033%
The price leg adds little either way.
Watch: Long leg is thinner— vs $423K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCSunX No · Kalshi Yes
A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0036%/8h × 21 periods+$7.56

Price spread+0.038% → +0.033% (7d avg)+$0.49

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

Fee SunX bp × 2 orders−$8.00

Fee Kalshi bp × 2 orders−$0.48

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: SunX: live order book, 57 min ago; Kalshi: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX900.08doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTKalshi3.744.0 bp−$44.0 bp−$40doesn’t fitdoesn’t fit

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