XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Binance+0.027%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$198as in the Funding arb table

Net, price: spread back to 7d avg − costs−$202as in the Price arb table

costs, in and out, $10k−$2082.077% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.027%, 7d avg −0.027%

Together, before fees+0.107%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.054% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPDUSDT	1,300.8	0	get 0.0000% / 4h	10m 14s	$3.8M	$4.6M	100x
Short	KuCoin XPDUSDTM	1,301.1	0.0100	get 0.0050% / 4h	10m 14s	$170K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.027%Rate

Funding earned: $21
Price spread: +0.027% → −0.027%: $5.37
Slippage, 4 orders: −$185.73
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$181.36
Costs to cover: 2.077%
Break-even: 67.5 days

Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 64 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 Binance live order book, 12 min ago	1.04 bp	13.4 bp −$13	30.2 bp −$302	147.4 bp −$14.7K	doesn't fit
Sell KuCoin live order book, 64 min ago	21.13 bp	112.5 bp −$113	485.0 bp −$4,850	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
BloFin XPD-USDT	−0.0024%	4h	1,300.7	−0.004%	$30K	$20K	100x	as long as short
Binance XPDUSDTlong	0.0000%	4h	1,300.8	long leg	$3.8M	$4.6M	100x
Gate XPD_USDT	0.0000%	4h	1,300.2	−0.042%	$2.0M	$460K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,300.4	−0.030%	$13.1M	$270K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,300.4	−0.032%	$536K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,297.5	−0.254%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,300.3	−0.040%	$9K	$34K	20x	as long as short
edgeX XPDUSDC	+0.0006%	4h	1,300.5	−0.020%	$37K	$206K	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,298.6	−0.165%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,301.3	+0.040%	$401K	$155K	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	+2.462%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,298.5	−0.175%	$2.7M	$486K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0056%	8h	1,300	−0.060%	$323K	$468K	50x	as long as short
Aster XPDUSDT	+0.0077%	4h	1,299.6	−0.090%	$27K	$5K	20x	as long as short
KuCoin XPDUSDTMshort	+0.0100%	4h	1,301.1	+0.027%	$170K	$5K	75x
Bitget XPDUSDT	+0.0144%	4h	1,300	−0.062%	$5.0M	$240K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0480%	4h	1,300.2	−0.042%	$336K	$724K	25x	as long as short