Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h +0.002%

Price spread now: OKX against Aster+0.130%7-day average — · you sell dearer than you buy

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

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 6 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

The price spread pays, funding is against you. OKX is 0.130% dearer against Aster than usual: you sell high and buy low (spread +0.130% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XPDUSDT	1,296.5	0.0707	pay 0.0354% / 4h	2h 25m	$26K	$5K	20x
Short	OKX XPD-USDT-SWAP	1,298.2	0.0391	get 0.0391% / 8h	2h 25m	$320K	$478K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.130%Rate

Funding earned: −$66.45
Price spread: +0.130% → 0.000%: $12.96
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$71.49
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; OKX: live order book, 20 min ago. 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 OKX live order book, 20 min ago	0.77 bp	15.5 bp −$15	83.7 bp −$837	doesn't fit	doesn't fit

Aster: 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
SunX XPD-USDT	0.0000%	4h	1,296	−0.044%	—	$1.8M	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,296.6	+0.004%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,298.3	+0.137%	$400K	$160K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.798%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,296.2	−0.025%	$2.7M	$471K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,296.8	+0.018%	$169K	$6K	75x	as long as short
Gate XPD_USDT	+0.0124%	4h	1,297.5	+0.075%	$2.0M	$478K	100x	as long as short
Variational Omni XPD	+0.0310%	4h	1,296.6	+0.004%	$535K	$24K	—	as long as short
HTX XPD-USDT	+0.0356%	4h	1,298.4	+0.142%	$10K	$34K	20x	as long as short
OKX XPD-USDT-SWAPshort	+0.0391%	8h	1,298.2	+0.130%	$320K	$478K	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPD-USDT	+0.0406%	4h	1,298.6	+0.161%	$30K	$20K	100x	as long as short
Binance XPDUSDT	+0.0432%	4h	1,297.5	+0.072%	$3.8M	$4.8M	100x	as long as short
edgeX XPDUSDC	+0.0434%	4h	1,296.1	−0.033%	$37K	$205K	10x	as long as short
MEXC XPD_USDT	+0.0436%	4h	1,297.1	+0.045%	$13.1M	$269K	100x	as long as short
Bitget XPDUSDT	+0.0596%	4h	1,297.4	+0.069%	$5.0M	$246K	100x	as long as short
Aster XPDUSDTlong	+0.0707%	4h	1,296.5	long leg	$26K	$5K	20x
GRVT XPD_USDT_Perp	+0.1210%	4h	1,295.3	−0.094%	$335K	$714K	25x	as long as short