Funding you earn now, next payment 05:00 UTC+0.0231%/8h= +25.3% APRpaid last 24h +0.007%
Price spread now: Bitget against Injective−2.635%71s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. Bitget is 2.635% cheaper against Injective than usual: you would sell low and buy high (spread −2.635% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$264 on $10k: about 38 days of funding at the current rate (+$7 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | pay 0.0004% / 1h | 48m 06s | $16K | $20K | 52x |
| Short | Bitget XPDUSDT | 1,297.7 | 0.0264 | get 0.0132% / 4h | 3h 48m | $5.0M | $240K | 100x |
Injective XPD/USDC PERP
Bitget XPDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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
- $48.44
- Price spread: −2.635% → 0.000%
- −$263.51
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$227.09
- Costs to cover
- 0.120%
- Break-even
- 39.8 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 5 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 5.43 bp | 17.8 bp −$18 | 38.6 bp −$386 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPD | 0.0000% | 4h | 1,299.3 | −2.513% | $536K | $24K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,296.9 | −2.697% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,297.8 | −2.625% | — | — | — | as long as short |
| edgeX XPDUSDC | +0.0017% | 4h | 1,299 | −2.536% | $37K | $205K | 10x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,300.1 | −2.453% | $401K | $158K | 20x | as long as short |
| Injective XPD/USDC PERPlong | +0.0033% | 1h | 1,332.8 | long leg | $16K | $20K | 52x | |
| MEXC XPD_USDT | +0.0040% | 4h | 1,298.9 | −2.547% | $13.1M | $268K | 100x | as long as short |
| Binance XPDUSDT | +0.0044% | 4h | 1,300 | −2.459% | $3.8M | $4.7M | 100x | as long as short |
| BloFin XPD-USDT | +0.0045% | 4h | 1,300.5 | −2.420% | $30K | $20K | 100x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,297.4 | −2.656% | $2.7M | $493K | 20x | as long as short |
Variational Omni XPD
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
edgeX XPDUSDC
Lighter XPD
MEXC XPD_USDT
Binance XPDUSDT
BloFin XPD-USDT
tradeXYZ xyz:PALLADIUMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,299.6 | −2.491% | $169K | $5K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0130% | 8h | 1,299.8 | −2.476% | $321K | $474K | 50x | as long as short |
| Aster XPDUSDT | +0.0196% | 4h | 1,298.8 | −2.554% | $26K | $5K | 20x | as long as short |
| Gate XPD_USDT | +0.0248% | 4h | 1,300 | −2.459% | $2.0M | $469K | 100x | as long as short |
| Bitget XPDUSDTshort | +0.0264% | 4h | 1,297.7 | −2.635% | $5.0M | $240K | 100x | |
| HTX XPD-USDT | +0.0476% | 4h | 1,299.5 | −2.501% | $9K | $34K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1372% | 4h | 1,298.9 | −2.547% | $338K | $720K | 25x | as long as short |
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
Aster XPDUSDT
Gate XPD_USDT
HTX XPD-USDT
GRVT XPD_USDT_Perp