Settings8H · net · $10k
Funding arb · Price arb /

XPD

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%
Price spread now: Injective against tradeXYZ+2.295%114s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.295% dearer against tradeXYZ than usual: you sell high and buy low: +$229 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:PALLADIUM1,302.90.0012pay 0.0001% / 1h1m 29s$2.7M$494K20x
ShortInjective XPD/USDC PERP1,332.80.0033get 0.0004% / 1h1m 29s$16K$20K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against tradeXYZ. 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
$4.52
Price spread: +2.295% → 0.000%
$229.49
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$215.99
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 6 min ago; Injective: 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 tradeXYZ live order book, 6 min ago1.15 bp11.7 bp −$1222.1 bp −$221doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
edgeX XPDUSDC−0.0013%4h1,305.7+0.217%$38K$206K10xas long as short
BloFin XPD-USDT−0.0008%4h1,305.6+0.209%$31K$20K100xas long as short
Aster XPDUSDT0.0000%4h1,305.1+0.171%$27K$5K20xas long as short
Binance XPDUSDT0.0000%4h1,305.2+0.177%$3.7M$4.5M100xas long as short
OKX XPD-USDT-SWAP0.0000%8h1,304.9+0.154%$323K$470K50xas long as short
Gate XPD_USDT0.0000%4h1,305.1+0.170%$2.0M$458K100xas long as short
MEXC XPD_USDT0.0000%4h1,304.5+0.125%$13.1M$270K100xas long as short
Variational Omni XPD0.0000%4h1,305.7+0.215%$538K$16Kas long as short
SunX XPD-USDT0.0000%4h1,303.4+0.038%$1.8M10xas long as short
HTX XPD-USDT0.0000%4h1,304.6+0.130%$9K$33K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,303.1+0.015%as long as short
Bitget XPDUSDT+0.0010%4h1,304.4+0.118%$5.0M$234K100xas long as short
tradeXYZ xyz:PALLADIUMlong+0.0012%1h1,302.9long leg$2.7M$494K20x
Lighter XPD+0.0032%1h1,305.2+0.177%$402K$155K20xas long as short
Injective XPD/USDC PERPshort+0.0033%1h1,332.8+2.295%$16K$20K52x
KuCoin XPDUSDTM+0.0100%4h1,305+0.160%$170K$5K75xas long as short
GRVT XPD_USDT_Perp+0.0278%4h1,304.7+0.139%$338K$732K25xas long as short