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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.008%
Price spread now: Injective against gTrade (Gains Network)+2.963%55s7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.963% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$296 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPD/USD1,294.4L +0.0008% / S −0.0007%pay 0.0001% / 1h56m 10s
ShortInjective XPD/USDC PERP1,332.80.0033get 0.0004% / 1h56m 10s$16K$20K52x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against gTrade (Gains Network). 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
$5.4
Price spread: +2.963% → 0.000%
$296.34
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$291.72
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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 exchanges

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−0.0021%1h1,294.9+0.036%$2.7M$562K20xas long as short
Aster XPDUSDT0.0000%4h1,295.7+0.100%$27K$7K20xas long as short
Binance XPDUSDT0.0000%4h1,296.7+0.174%$3.7M$5.4M100xas long as short
OKX XPD-USDT-SWAP0.0000%8h1,296.3+0.144%$342K$585K50xas long as short
Gate XPD_USDT0.0000%4h1,296.5+0.157%$2.0M$483K100xas long as short
MEXC XPD_USDT0.0000%4h1,296.7+0.174%$13.6M$420K100xas long as short
Bitget XPDUSDT0.0000%4h1,296.4+0.151%$5.0M$323K100xas long as short
Variational Omni XPD0.0000%4h1,299.1+0.362%$528K$29Kas long as short
SunX XPD-USDT0.0000%4h1,295.5+0.084%$1.5M10xas long as short
HTX XPD-USDT0.0000%4h1,298.3+0.294%$10K$36K20xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XPD/USDlongL +0.0008% / S −0.0007%1h1,294.4long leg
edgeX XPDUSDC+0.0019%4h1,298.1+0.282%$37K$207K10xas long as short
Injective XPD/USDC PERPshort+0.0033%1h1,332.8+2.963%$16K$20K52x
BloFin XPD-USDT+0.0047%4h1,298.9+0.342%$33K$23K100xas long as short
Lighter XPD+0.0088%1h1,296.2+0.136%$398K$159K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,295.9+0.110%$168K$7K75xas long as short
GRVT XPD_USDT_Perp+0.0176%4h1,299.2+0.364%$338K$625K25xas long as short