Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRnext payment −$1.05 per $10,000 · paid last 24h −0.016%
Price spread now: edgeX against Bitget+0.087%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$620.617% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.087%, 7d avg +0.034%
=Together, before fees−0.171%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.053% dearer against Bitget than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.034%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.143% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.05 per $10,000. 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 | Bitget XPDUSDT | 1,299.4 | 0.0536 | pay 0.0268% / 4h | 2h 03m | $5.0M | $245K | 100x |
| Short | edgeX XPDUSDC | 1,300.5 | 0.0326 | get 0.0163% / 4h | 2h 03m | $37K | $206K | 10x |
Bitget XPDUSDT
edgeX XPDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$44.19
- Price spread: +0.087% → +0.034%
- $5.3
- Slippage, 4 orders
- −$40.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$100.61
- Costs to cover
- 0.617%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 44 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 Bitget live order book, 5 min ago | 6.26 bp | 16.0 bp −$16 | 28.3 bp −$283 | 111.8 bp −$11.2K | doesn't fit |
| Sell edgeX live order book, 44 min ago | 7.53 bp | 15.9 bp −$16 | 127.6 bp −$1,276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,298.5 | −0.069% | — | $1.8M | 10x | as long as short |
| Gate XPD_USDT | +0.0004% | 4h | 1,299.4 | +0.004% | $2.0M | $484K | 100x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,297 | −0.185% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,299.8 | +0.032% | $400K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.571% | $16K | $20K | 52x | as long as short |
| HTX XPD-USDT | +0.0044% | 4h | 1,300 | +0.050% | $10K | $34K | 20x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,297.6 | −0.138% | $2.7M | $471K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,298.7 | −0.052% | $169K | $6K | 75x | as long as short |
| Variational Omni XPD | +0.0216% | 4h | 1,301.1 | +0.133% | $537K | $24K | — | as long as short |
| Binance XPDUSDT | +0.0313% | 4h | 1,299.6 | +0.012% | $3.8M | $4.8M | 100x | as long as short |
SunX XPD-USDT
Gate XPD_USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
HTX XPD-USDT
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Variational Omni XPD
Binance XPDUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | +0.0320% | 4h | 1,302 | +0.197% | $30K | $20K | 100x | as long as short |
| MEXC XPD_USDT | +0.0320% | 4h | 1,299.9 | +0.038% | $13.1M | $271K | 100x | as long as short |
| edgeX XPDUSDCshort | +0.0326% | 4h | 1,300.5 | +0.087% | $37K | $206K | 10x | |
| OKX XPD-USDT-SWAP | +0.0354% | 8h | 1,299.4 | +0.001% | $320K | $477K | 50x | as long as short |
| Bitget XPDUSDTlong | +0.0536% | 4h | 1,299.4 | long leg | $5.0M | $245K | 100x | |
| Aster XPDUSDT | +0.0574% | 4h | 1,299.5 | +0.007% | $26K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0918% | 4h | 1,301.2 | +0.141% | $338K | $714K | 25x | as long as short |
BloFin XPD-USDT
MEXC XPD_USDT
OKX XPD-USDT-SWAP
Aster XPDUSDT
GRVT XPD_USDT_Perp