Funding you earn now, next payment 08:00 UTC+0.0293%/8h= +32.1% APRnext payment +$1.47 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against Gate+0.123%52s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.821% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.123%, 7d avg −0.016%
=Together, before fees−0.137%+ Points / potential airdropedgeX: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.138% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.016%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XPD_USDT | 1,296.1 | 0.0130 | pay 0.0065% / 4h | 2h 26m | $2.0M | $478K | 100x |
| Short | edgeX XPDUSDC | 1,297.7 | 0.0423 | get 0.0212% / 4h | 2h 26m | $37K | $207K | 10x |
Gate XPD_USDT
edgeX XPDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $61.54
- Price spread: +0.123% → −0.016%
- $13.84
- Slippage, 4 orders
- −$58.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$6.68
- Costs to cover
- 0.821%
- Break-even
- 7.8 days
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 20 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 | 3.01 bp | 24.4 bp −$24 | 133.0 bp −$1,330 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 20 min ago | 7.53 bp | 15.9 bp −$16 | 127.6 bp −$1,276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,294.2 | −0.147% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,294.6 | −0.113% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,296.1 | −0.001% | $399K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.831% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,295.2 | −0.070% | $2.7M | $471K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,295.1 | −0.077% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDTlong | +0.0130% | 4h | 1,296.1 | long leg | $2.0M | $478K | 100x | |
| Variational Omni XPD | +0.0323% | 4h | 1,297.7 | +0.124% | $535K | $24K | — | as long as short |
| OKX XPD-USDT-SWAP | +0.0388% | 8h | 1,296.2 | +0.007% | $320K | $477K | 50x | as long as short |
| HTX XPD-USDT | +0.0390% | 4h | 1,295.7 | −0.033% | $10K | $34K | 20x | as long as short |
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Variational Omni XPD
OKX XPD-USDT-SWAP
HTX XPD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | +0.0409% | 4h | 1,295.5 | −0.049% | $30K | $20K | 100x | as long as short |
| edgeX XPDUSDCshort | +0.0423% | 4h | 1,297.7 | +0.123% | $37K | $207K | 10x | |
| Binance XPDUSDT | +0.0437% | 4h | 1,297.1 | +0.073% | $3.8M | $4.8M | 100x | as long as short |
| MEXC XPD_USDT | +0.0438% | 4h | 1,296 | −0.008% | $13.1M | $269K | 100x | as long as short |
| Bitget XPDUSDT | +0.0598% | 4h | 1,295.7 | −0.034% | $5.0M | $246K | 100x | as long as short |
| Aster XPDUSDT | +0.0711% | 4h | 1,296.4 | +0.023% | $26K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1210% | 4h | 1,295.3 | −0.062% | $335K | $714K | 25x | as long as short |
BloFin XPD-USDT
Binance XPDUSDT
MEXC XPD_USDT
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp