Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h −0.010%

Price spread now: gTrade (Gains Network) against Aster−0.041%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.041% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XPDUSDT	1,295.6	0.0165	pay 0.0082% / 4h	10m 04s	$27K	$6K	20x
Short	gTrade (Gains Network) XPD/USD	1,295.1	L +0.0008% / S −0.0007%	get 0.0001% / 1h	10m 04s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.041%Rate

Funding earned: −$33.01
Price spread: −0.041% → 0.000%: −$4.11
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$55.12
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Aster and gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPD-USDT	−0.0027%	4h	1,297	+0.106%	$31K	$21K	100x	as long as short
edgeX XPDUSDC	−0.0018%	4h	1,294	−0.130%	$37K	$206K	10x	as long as short
Binance XPDUSDT	0.0000%	4h	1,296.9	+0.096%	$3.7M	$5.0M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,297.6	+0.151%	$2.0M	$482K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,296.9	+0.095%	$13.0M	$282K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,298	+0.179%	$532K	$27K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,295	−0.050%	—	$1.7M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,297.8	+0.170%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USDshort	L +0.0008% / S −0.0007%	1h	1,295.1	−0.041%	—	—	—
Lighter XPD	+0.0032%	1h	1,297.2	+0.120%	$399K	$161K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.868%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,293.8	−0.142%	$2.6M	$538K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,295.4	−0.018%	$168K	$7K	75x	as long as short
Aster XPDUSDTlong	+0.0165%	4h	1,295.6	long leg	$27K	$6K	20x
OKX XPD-USDT-SWAP	+0.0198%	8h	1,295.9	+0.020%	$327K	$491K	50x	as long as short
Bitget XPDUSDT	+0.0396%	4h	1,296	+0.031%	$5.0M	$255K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0704%	4h	1,297.5	+0.140%	$336K	$672K	25x	as long as short