Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0018%/8h= +1.9% APRpaid last 24h +0.032%

Price spread now: OKX against HTX+0.013%7-day average — · you sell dearer than you buy

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

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XPD-USDT	1,298.3	0	get 0.0000% / 4h	2h 57m	$10K	$35K	20x
Short	OKX XPD-USDT-SWAP	1,298.5	0.0018	get 0.0018% / 8h	6h 57m	$336K	$548K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against HTX. 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 HTXbpFee OKXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $3.72
Price spread: +0.013% → 0.000%: $1.31
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$16.97
Costs to cover: 0.220%
Break-even: 39.0 days

Slippage unknown: HTX: no order-book sample; OKX: live order book, 34 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell OKX live order book, 34 min ago	0.39 bp	16.0 bp −$16	46.3 bp −$463	doesn't fit	doesn't fit

HTX: 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
tradeXYZ xyz:PALLADIUM	−0.0235%	1h	1,296.8	−0.118%	$2.6M	$574K	20x	as long as short
BloFin XPD-USDT	−0.0028%	4h	1,298.8	+0.037%	$32K	$22K	100x	as long as short
edgeX XPDUSDC	−0.0008%	4h	1,301.1	+0.214%	$37K	$205K	10x	as long as short
Aster XPDUSDT	0.0000%	4h	1,298.2	−0.007%	$27K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,299.4	+0.083%	$3.6M	$5.2M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,298.3	−0.006%	$2.0M	$479K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,298.2	−0.014%	$12.9M	$370K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,298.2	−0.011%	$5.0M	$303K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,300.2	+0.145%	$529K	$32K	—	as long as short
GRVT XPD_USDT_Perp	0.0000%	4h	1,299.5	+0.088%	$338K	$631K	25x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XPD-USDT	0.0000%	4h	1,297.8	−0.041%	—	$1.6M	10x	as long as short
HTX XPD-USDTlong	0.0000%	4h	1,298.3	long leg	$10K	$35K	20x
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,298.8	+0.039%	—	—	—	as long as short
OKX XPD-USDT-SWAPshort	+0.0018%	8h	1,298.5	+0.013%	$336K	$548K	50x
Lighter XPD	+0.0032%	1h	1,298	−0.025%	$399K	$159K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.655%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,297.2	−0.085%	$169K	$7K	75x	as long as short