Funding you earn now, next payment 05:00 UTC+0.0256%/8h= +28.0% APRpaid last 24h −0.002%
Price spread now: MEXC against tradeXYZ+0.104%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.485% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.104%, 7d avg +0.131%
=Together, before fees−0.174%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.027% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.104% now, against its 7-day average of +0.131%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.133%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.133% in total (about -6.9% 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 | 1,297.4 | 0.0050 | pay 0.0006% / 1h | 3m 42s | $2.7M | $470K | 20x |
| Short | MEXC XPD_USDT | 1,298.8 | 0.0306 | get 0.0153% / 4h | 3h 03m | $13.1M | $271K | 100x |
tradeXYZ xyz:PALLADIUM
MEXC XPD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $53.76
- Price spread: +0.104% → +0.131%
- −$2.7
- Slippage, 4 orders
- −$30.47
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $2.58
- Costs to cover
- 0.485%
- Break-even
- 6.7 days
Slippage from tradeXYZ: live order book, 3 min ago; MEXC: live order book, 5 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, 3 min ago | 1.93 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 10.17 bp | 12.5 bp −$12 | 12.9 bp −$129 | 78.1 bp −$7,812 | 300.2 bp −$150.1K |
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-USDT | 0.0000% | 4h | 1,297.3 | −0.010% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,297.8 | +0.032% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,300.6 | +0.247% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.729% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUMlong | +0.0050% | 1h | 1,297.4 | long leg | $2.7M | $470K | 20x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,299.8 | +0.182% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDT | +0.0102% | 4h | 1,299.5 | +0.165% | $2.0M | $477K | 100x | as long as short |
| Variational Omni XPD | +0.0171% | 4h | 1,299.5 | +0.160% | $536K | $24K | — | as long as short |
| edgeX XPDUSDC | +0.0269% | 4h | 1,299.5 | +0.161% | $37K | $205K | 10x | as long as short |
| OKX XPD-USDT-SWAP | +0.0273% | 8h | 1,299.3 | +0.146% | $321K | $471K | 50x | as long as short |
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM
Gate XPD_USDT
Variational Omni XPD
edgeX XPDUSDC
OKX XPD-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDTshort | +0.0306% | 4h | 1,298.8 | +0.104% | $13.1M | $271K | 100x | |
| Binance XPDUSDT | +0.0312% | 4h | 1,299.7 | +0.180% | $3.8M | $4.7M | 100x | as long as short |
| BloFin XPD-USDT | +0.0345% | 4h | 1,299.7 | +0.177% | $30K | $20K | 100x | as long as short |
| Bitget XPDUSDT | +0.0482% | 4h | 1,299.1 | +0.131% | $5.0M | $241K | 100x | as long as short |
| HTX XPD-USDT | +0.0490% | 4h | 1,300 | +0.197% | $10K | $34K | 20x | as long as short |
| Aster XPDUSDT | +0.0531% | 4h | 1,298.7 | +0.101% | $26K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1288% | 4h | 1,299.2 | +0.142% | $338K | $715K | 25x | as long as short |
Binance XPDUSDT
BloFin XPD-USDT
Bitget XPDUSDT
HTX XPD-USDT
Aster XPDUSDT
GRVT XPD_USDT_Perp