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

XPD

RWAall XPD markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Bitget+0.007%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs−$318as in the Price arb table
costs, in and out, $10k−$3163.164% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.007%, 7d avg +0.019%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XPDUSDT1,293.40get 0.0000% / 4h2h 54m$5.0M$303K100x
ShortKuCoin XPDUSDTM1,293.50.0100get 0.0050% / 4h2h 54m$168K$7K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.007% → +0.019%
−$1.17
Slippage, 4 orders
−$292.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$296.59
Costs to cover
3.164%
Break-even
105.9 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 26 min ago.

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, 4 min ago6.09 bp15.2 bp −$1537.9 bp −$379doesn't fitdoesn't fit
Sell KuCoin live order book, 26 min ago18.73 bp169.5 bp −$170511.1 bp −$5,111doesn't fitdoesn't fit

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
tradeXYZ xyz:PALLADIUM−0.0256%1h1,291.7−0.133%$2.6M$574K20xas long as short
edgeX XPDUSDC−0.0012%4h1,298.4+0.387%$37K$205K10xas long as short
BloFin XPD-USDT−0.0005%4h1,295.2+0.138%$32K$22K100xas long as short
Aster XPDUSDT0.0000%4h1,293.6+0.016%$27K$7K20xas long as short
Binance XPDUSDT0.0000%4h1,293.9+0.035%$3.6M$5.2M100xas long as short
Gate XPD_USDT0.0000%4h1,293.9+0.040%$2.0M$480K100xas long as short
MEXC XPD_USDT0.0000%4h1,293.8+0.032%$12.9M$370K100xas long as short
Bitget XPDUSDTlong0.0000%4h1,293.4long leg$5.0M$303K100x
Variational Omni XPD0.0000%4h1,298.1+0.365%$528K$32Kas long as short
GRVT XPD_USDT_Perp0.0000%4h1,298.5+0.397%$338K$631K25xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XPD-USDT0.0000%4h1,293.6+0.017%$1.6M10xas long as short
HTX XPD-USDT0.0000%4h1,293.8+0.029%$10K$36K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,298.8+0.418%as long as short
OKX XPD-USDT-SWAP+0.0010%8h1,294.3+0.068%$335K$548K50xas long as short
Lighter XPD+0.0032%1h1,293.6+0.014%$398K$159K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+3.045%$16K$20K52xas long as short
KuCoin XPDUSDTMshort+0.0100%4h1,293.5+0.007%$168K$7K75x