XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.067%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$338as in the Funding arb table

Net, price: spread back to 7d avg − costs−$357as in the Price arb table

costs, in and out, $10k−$3533.533% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.151%+$15 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.067%, 7d avg −0.033%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.034% cheaper against Gate than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.033%). If the spread goes back, that is −$3 on $10k: about 28 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPD_USDT	1,294.3	0	get 0.0000% / 4h	2h 03m	$2.0M	$490K	100x
Short	KuCoin XPDUSDTM	1,293.4	0.0100	get 0.0050% / 4h	2h 03m	$168K	$7K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.067%Rate

Funding earned: $21
Price spread: −0.067% → −0.033%: −$3.45
Slippage, 4 orders: −$326.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$335.79
Costs to cover: 3.533%
Break-even: 118.9 days

Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 38 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, 2 min ago	5.67 bp	29.5 bp −$29	139.1 bp −$1,391	doesn't fit	doesn't fit
Sell KuCoin live order book, 38 min ago	24.58 bp	139.5 bp −$139	511.0 bp −$5,110	doesn't fit	doesn't fit

XPD on 17 exchanges

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	−0.0084%	1h	1,291	−0.254%	$2.6M	$566K	20x	as long as short
BloFin XPD-USDT	−0.0010%	4h	1,296.5	+0.170%	$32K	$23K	100x	as long as short
Aster XPDUSDT	0.0000%	4h	1,294.9	+0.044%	$26K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,293.9	−0.029%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,293.2	−0.084%	$342K	$566K	50x	as long as short
Gate XPD_USDTlong	0.0000%	4h	1,294.3	long leg	$2.0M	$490K	100x
MEXC XPD_USDT	0.0000%	4h	1,294	−0.022%	$13.6M	$453K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,293	−0.100%	$5.0M	$306K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,296.9	+0.202%	$526K	$32K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,293	−0.101%	—	$1.6M	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX XPD-USDT	0.0000%	4h	1,295.1	+0.063%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,293.5	−0.062%	—	—	—	as long as short
edgeX XPDUSDC	+0.0009%	4h	1,293.7	−0.045%	$37K	$206K	10x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.975%	$16K	$20K	52x	as long as short
Lighter XPD	+0.0056%	1h	1,294.2	−0.007%	$398K	$159K	20x	as long as short
KuCoin XPDUSDTMshort	+0.0100%	4h	1,293.4	−0.067%	$168K	$7K	75x
GRVT XPD_USDT_Perp	+0.0198%	4h	1,295.5	+0.095%	$335K	$626K	25x	as long as short