Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0465%/8h= −50.9% APRpaid last 24h −0.015%
Price spread now: gTrade (Gains Network) against Bitget−0.138%45s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 0.138% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XPDUSDT1,295.50.0472pay 0.0236% / 4h1h 25m$5.0M$246K100x
ShortgTrade (Gains Network) XPD/USD1,293.7L +0.0008% / S −0.0007%get 0.0001% / 1h25m 34s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. 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

Funding earned
−$97.57
Price spread: −0.138% → 0.000%
−$13.82
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$133.39
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago6.18 bp14.0 bp −$1429.8 bp −$298140.4 bp −$14.0Kdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XPD_USDT0.0000%4h1,296.3+0.067%$2.0M$479K100xas long as short
SunX XPD-USDT0.0000%4h1,294.9−0.046%$1.8M10xas long as short
HTX XPD-USDT0.0000%4h1,295.6+0.008%$10K$35K20xas long as short
gTrade (Gains Network) XPD/USDshortL +0.0008% / S −0.0007%1h1,293.7−0.138%
Variational Omni XPD+0.0025%4h1,296.2+0.057%$535K$24Kas long as short
Lighter XPD+0.0032%1h1,296.3+0.066%$399K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.883%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,293.9−0.120%$2.7M$459K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,294.4−0.083%$168K$7K75xas long as short
Binance XPDUSDT+0.0118%4h1,296.4+0.072%$3.7M$4.8M100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XPD_USDT+0.0122%4h1,295.5+0.003%$13.0M$271K100xas long as short
edgeX XPDUSDC+0.0126%4h1,296+0.043%$37K$204K10xas long as short
BloFin XPD-USDT+0.0139%4h1,295−0.036%$31K$20K100xas long as short
OKX XPD-USDT-SWAP+0.0295%8h1,295.9+0.035%$323K$476K50xas long as short
Aster XPDUSDT+0.0389%4h1,295.8+0.029%$26K$6K20xas long as short
Bitget XPDUSDTlong+0.0472%4h1,295.5long leg$5.0M$246K100x
GRVT XPD_USDT_Perp+0.0712%4h1,295.40.000%$337K$689K25xas long as short