Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0078%/8h= +8.6% APRpaid last 24h +0.016%

Price spread now: OKX against BloFin−0.056%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. OKX is 0.056% cheaper against BloFin than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPD-USDT	1,300.7	−0.0024	get 0.0012% / 4h	10m 42s	$30K	$20K	100x
Short	OKX XPD-USDT-SWAP	1,300	0.0054	get 0.0054% / 8h	4h 10m	$323K	$468K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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 BloFinbpFee OKXbpOrdersPrice spread, now −0.056%Rate

Funding earned: $16.43
Price spread: −0.056% → 0.000%: −$5.61
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$11.18
Costs to cover: 0.220%
Break-even: 11.8 days

Slippage unknown: BloFin: no order-book sample; OKX: live order book, 45 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 BloFin no order-book sample	—	—	—	—	—
Sell OKX live order book, 45 min ago	0.77 bp	15.2 bp −$15	74.8 bp −$748	doesn't fit	doesn't fit

BloFin: 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
BloFin XPD-USDTlong	−0.0024%	4h	1,300.7	long leg	$30K	$20K	100x
Binance XPDUSDT	0.0000%	4h	1,300.7	−0.004%	$3.8M	$4.6M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,300.2	−0.038%	$2.0M	$460K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,300.3	−0.030%	$13.1M	$270K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,300.4	−0.028%	$536K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,297	−0.291%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,300.3	−0.036%	$9K	$34K	20x	as long as short
edgeX XPDUSDC	+0.0006%	4h	1,300.5	−0.016%	$37K	$206K	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,298.3	−0.184%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,301.1	+0.028%	$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	+2.466%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,298.6	−0.164%	$2.7M	$486K	20x	as long as short
OKX XPD-USDT-SWAPshort	+0.0054%	8h	1,300	−0.056%	$323K	$468K	50x
Aster XPDUSDT	+0.0077%	4h	1,299.7	−0.079%	$27K	$5K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,301.1	+0.031%	$170K	$5K	75x	as long as short
Bitget XPDUSDT	+0.0142%	4h	1,299.9	−0.062%	$5.0M	$240K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0480%	4h	1,300.2	−0.038%	$336K	$724K	25x	as long as short