XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.48 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate+0.014%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$780.779% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.078%−$8 · spread now +0.014%, 7d avg −0.022%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.036% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPD_USDT	1,296.7	0	get 0.0000% / 4h	1h 21m	$2.0M	$479K	100x
Short	Binance XPDUSDT	1,296.9	0.0095	get 0.0048% / 4h	1h 21m	$3.7M	$4.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.014%Rate

Funding earned: $19.97
Price spread: +0.014% → −0.022%: $3.58
Slippage, 4 orders: −$52.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$54.32
Costs to cover: 0.779%
Break-even: 26.0 days

Slippage from Gate: live order book, 1 min ago; Binance: live order book, 16 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 Gate live order book, 1 min ago	0.62 bp	22.4 bp −$22	134.6 bp −$1,346	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.62 bp	16.4 bp −$16	37.5 bp −$375	156.9 bp −$15.7K	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
Gate XPD_USDTlong	0.0000%	4h	1,296.7	long leg	$2.0M	$479K	100x
SunX XPD-USDT	0.0000%	4h	1,294.8	−0.147%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,296	−0.057%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,294.4	−0.181%	—	—	—	as long as short
Variational Omni XPD	+0.0025%	4h	1,296.2	−0.042%	$535K	$24K	—	as long as short
Lighter XPD	+0.0032%	1h	1,296.8	+0.005%	$399K	$160K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.781%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,294.6	−0.165%	$2.7M	$459K	20x	as long as short
Binance XPDUSDTshort	+0.0095%	4h	1,296.9	+0.014%	$3.7M	$4.8M	100x
MEXC XPD_USDT	+0.0098%	4h	1,296	−0.057%	$13.0M	$271K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XPDUSDTM	+0.0100%	4h	1,295.2	−0.121%	$168K	$7K	75x	as long as short
edgeX XPDUSDC	+0.0117%	4h	1,296.1	−0.046%	$37K	$205K	10x	as long as short
BloFin XPD-USDT	+0.0130%	4h	1,296.8	+0.004%	$31K	$20K	100x	as long as short
OKX XPD-USDT-SWAP	+0.0286%	8h	1,296.4	−0.026%	$323K	$476K	50x	as long as short
Aster XPDUSDT	+0.0373%	4h	1,296.6	−0.015%	$27K	$6K	20x	as long as short
Bitget XPDUSDT	+0.0464%	4h	1,295.5	−0.099%	$5.0M	$246K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0706%	4h	1,296.3	−0.037%	$337K	$689K	25x	as long as short