XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against edgeX−0.017%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$560.559% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 2 days (all we have)+0.037%+$4 · spread now −0.017%, 7d avg +0.003%

Together, before fees+0.037%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.020% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XPDUSDC	1,315.2	0.0020	pay 0.0010% / 4h	3h 24m	$38K	$205K	10x
Short	Binance XPDUSDT	1,315	0	get 0.0000% / 4h	3h 24m	$3.8M	$4.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now −0.017%Rate

Funding earned: −$4.13
Price spread: −0.017% → +0.003%: −$2.01
Slippage, 4 orders: −$36.9
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$62.04
Costs to cover: 0.559%
Break-even: never at this rate

Slippage from edgeX: live order book, 47 min ago; Binance: live order book, 12 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 edgeX live order book, 47 min ago	8.13 bp	13.6 bp −$14	125.9 bp −$1,259	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	1.21 bp	14.6 bp −$15	36.2 bp −$362	137.5 bp −$13.8K	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	−0.0018%	4h	1,315	−0.013%	$30K	$20K	100x	as long as short
Binance XPDUSDTshort	0.0000%	4h	1,315	−0.017%	$3.8M	$4.4M	100x
Gate XPD_USDT	0.0000%	4h	1,314.3	−0.064%	$2.0M	$435K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,314.6	−0.043%	$13.2M	$339K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,314.5	−0.048%	$544K	$14K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,312.7	−0.187%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,314.2	−0.076%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,312.9	−0.176%	—	—	—	as long as short
edgeX XPDUSDClong	+0.0020%	4h	1,315.2	long leg	$38K	$205K	10x
Bitget XPDUSDT	+0.0020%	4h	1,313.8	−0.107%	$5.0M	$220K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XPDUSDT	+0.0027%	4h	1,313.6	−0.122%	$27K	$12K	20x	as long as short
Lighter XPD	+0.0032%	1h	1,315.4	+0.017%	$405K	$154K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.340%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,312.3	−0.219%	$2.7M	$517K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,314.4	−0.060%	$171K	$5K	75x	as long as short
OKX XPD-USDT-SWAP	+0.0115%	8h	1,314.5	−0.051%	$324K	$477K	50x	as long as short
GRVT XPD_USDT_Perp	+0.0698%	4h	1,314.4	−0.057%	$340K	$881K	25x	as long as short