Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%

Price spread now: Injective against Gate+2.368%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.368% dearer against Gate than usual: you sell high and buy low: +$237 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPD_USDT	1,302	0	get 0.0000% / 4h	39m 07s	$2.0M	$456K	100x
Short	Injective XPD/USDC PERP	1,332.8	0.0033	get 0.0004% / 1h	39m 07s	$16K	$20K	52x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +2.368%Rate

Funding earned: $7
Price spread: +2.368% → 0.000%: $236.8
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $228.77
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 4 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	0.46 bp	27.0 bp −$27	137.7 bp −$1,377	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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 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	−0.0032%	4h	1,302.3	+0.023%	$30K	$20K	100x	as long as short
edgeX XPDUSDC	−0.0017%	4h	1,302.2	+0.019%	$37K	$205K	10x	as long as short
Aster XPDUSDT	0.0000%	4h	1,300.8	−0.090%	$27K	$5K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,301.9	−0.008%	$3.8M	$4.6M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,301.9	−0.005%	$323K	$468K	50x	as long as short
Gate XPD_USDTlong	0.0000%	4h	1,302	long leg	$2.0M	$456K	100x
MEXC XPD_USDT	0.0000%	4h	1,301.5	−0.035%	$13.1M	$268K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,302.2	+0.021%	$537K	$24K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,298.8	−0.240%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,302.3	+0.022%	$9K	$34K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,299.8	−0.171%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,302.4	+0.033%	$402K	$155K	20x	as long as short
Injective XPD/USDC PERPshort	+0.0033%	1h	1,332.8	+2.368%	$16K	$20K	52x
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,299.8	−0.167%	$2.7M	$509K	20x	as long as short
Bitget XPDUSDT	+0.0056%	4h	1,301.4	−0.045%	$5.0M	$240K	100x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,301.3	−0.050%	$169K	$5K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0374%	4h	1,301.6	−0.026%	$337K	$729K	25x	as long as short