Funding you earn now, next payment 02:00 UTC+0.0466%/8h= +51.0% APRpaid last 24h +0.059%
Price spread now: GRVT against tradeXYZ+0.123%46s7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.266%+$27 on $10k
+Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.123%, 7d avg +0.106%
=Together, before fees+0.186%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.106%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate. The two prices were read 46 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 0.266% in total (about 13.8% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:PALLADIUM | 1,314.8 | 0.0050 | pay 0.0006% / 1h | 58m 37s | $2.7M | $515K | 20x |
| Short | GRVT XPD_USDT_Perp | 1,316.4 | 0.0516 | get 0.0258% / 4h | 2h 58m | $341K | $849K | 25x |
tradeXYZ xyz:PALLADIUM
GRVT XPD_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against tradeXYZ. 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
- $97.86
- Price spread: +0.123% → +0.106%
- $1.71
- Slippage, 4 orders
- −$14.21
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $58.36
- Costs to cover
- 0.412%
- Break-even
- 2.8 days
Slippage from tradeXYZ: live order book, 9 min ago; GRVT: live order book, 34 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 tradeXYZ live order book, 9 min ago | 1.52 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 34 min ago | 0.04 bp | 6.7 bp −$7 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | −0.0020% | 4h | 1,316.5 | +0.128% | $38K | $206K | 10x | as long as short |
| BloFin XPD-USDT | −0.0010% | 4h | 1,317.4 | +0.199% | $30K | $20K | 100x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,316 | +0.095% | $3.8M | $4.4M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,316.4 | +0.125% | $2.0M | $425K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,316.7 | +0.141% | $13.2M | $331K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,316.2 | +0.105% | $545K | $14K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,315 | +0.011% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,317.2 | +0.182% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,315.7 | +0.068% | — | — | — | as long as short |
| Aster XPDUSDT | +0.0017% | 4h | 1,315.7 | +0.067% | $27K | $12K | 20x | as long as short |
edgeX XPDUSDC
BloFin XPD-USDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Aster XPDUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPD | +0.0032% | 1h | 1,316.9 | +0.160% | $406K | $154K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.369% | $16K | $20K | 52x | as long as short |
| Bitget XPDUSDT | +0.0036% | 4h | 1,316.2 | +0.103% | $5.0M | $220K | 100x | as long as short |
| tradeXYZ xyz:PALLADIUMlong | +0.0050% | 1h | 1,314.8 | long leg | $2.7M | $515K | 20x | |
| OKX XPD-USDT-SWAP | +0.0095% | 8h | 1,316.3 | +0.114% | $320K | $477K | 50x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,315.5 | +0.049% | $171K | $5K | 75x | as long as short |
| GRVT XPD_USDT_Perpshort | +0.0516% | 4h | 1,316.4 | +0.123% | $341K | $849K | 25x |
Lighter XPD
Injective XPD/USDC PERP
Bitget XPDUSDT
OKX XPD-USDT-SWAP
KuCoin XPDUSDTM