Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against edgeX−0.031%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2072.069% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.031%, 7d avg −0.012%
=Together, before fees+0.121%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XPDUSDC | 1,307.5 | 0.0001 | pay 0.0000% / 4h | 1h 25m | $38K | $205K | 10x |
| Short | KuCoin XPDUSDTM | 1,307.1 | 0.0100 | get 0.0050% / 4h | 1h 25m | $170K | $5K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- $20.84
- Price spread: −0.031% → −0.012%
- −$1.85
- Slippage, 4 orders
- −$185.88
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$187.88
- Costs to cover
- 2.069%
- Break-even
- 70.1 days
Slippage from edgeX: live order book, 36 min ago; KuCoin: live order book, 64 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, 36 min ago | 1.18 bp | 6.8 bp −$7 | 135.3 bp −$1,353 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 18.15 bp | 98.3 bp −$98 | 492.1 bp −$4,921 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUM | −0.0065% | 1h | 1,306.5 | −0.078% | $2.7M | $493K | 20x | as long as short |
| BloFin XPD-USDT | −0.0033% | 4h | 1,307.6 | +0.004% | $30K | $20K | 100x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,308.3 | +0.060% | $27K | $5K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,308.4 | +0.069% | $3.7M | $4.5M | 100x | as long as short |
| OKX XPD-USDT-SWAP | 0.0000% | 8h | 1,307.4 | −0.009% | $324K | $475K | 50x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,308.3 | +0.057% | $2.0M | $456K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,307.8 | +0.023% | $13.2M | $269K | 100x | as long as short |
| Bitget XPDUSDT | 0.0000% | 4h | 1,307.5 | −0.003% | $5.0M | $218K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,308.1 | +0.048% | $540K | $16K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,308 | +0.034% | — | $1.8M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XPD-USDT | 0.0000% | 4h | 1,307.9 | +0.032% | $9K | $33K | 20x | as long as short |
| edgeX XPDUSDClong | +0.0001% | 4h | 1,307.5 | long leg | $38K | $205K | 10x | |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,306.6 | −0.072% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,308.5 | +0.075% | $403K | $155K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.933% | $16K | $20K | 52x | as long as short |
| KuCoin XPDUSDTMshort | +0.0100% | 4h | 1,307.1 | −0.031% | $170K | $5K | 75x | |
| GRVT XPD_USDT_Perp | +0.0138% | 4h | 1,307.8 | +0.023% | $339K | $751K | 25x | as long as short |
edgeX XPDUSDC
KuCoin XPDUSDTM
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
OKX XPD-USDT-SWAP
Gate XPD_USDT
MEXC XPD_USDT
Bitget XPDUSDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
GRVT XPD_USDT_Perp