Settings8H · net · $10k
Funding arb · Price arb /

XPD

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.012%
Price spread now: tradeXYZ against Injective−2.483%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. tradeXYZ is 2.483% cheaper against Injective than usual: you would sell low and buy high (spread −2.483% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$248 on $10k: about 17 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XPD/USDC PERP1,332.80.0033pay 0.0004% / 1h32m 41s$16K$20K52x
ShorttradeXYZ xyz:PALLADIUM1,299.70.0050get 0.0006% / 1h32m 41s$2.7M$509K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Injective. 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

Funding earned
$3.5
Price spread: −2.483% → 0.000%
−$248.35
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$262.87
Costs to cover
0.180%
Break-even
532.7 days
Slippage unknown: Injective: no order-book sample; tradeXYZ: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell tradeXYZ live order book, 5 min ago1.92 bp13.9 bp −$14doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX XPDUSDC−0.0018%4h1,301.3−2.360%$37K$206K10xas long as short
Aster XPDUSDT0.0000%4h1,300.7−2.407%$27K$5K20xas long as short
Binance XPDUSDT0.0000%4h1,301.8−2.325%$3.8M$4.6M100xas long as short
OKX XPD-USDT-SWAP0.0000%8h1,301−2.386%$323K$468K50xas long as short
Gate XPD_USDT0.0000%4h1,301.7−2.337%$2.0M$457K100xas long as short
MEXC XPD_USDT0.0000%4h1,301.5−2.347%$13.1M$268K100xas long as short
Variational Omni XPD0.0000%4h1,301.6−2.340%$537K$24Kas long as short
SunX XPD-USDT0.0000%4h1,298.7−2.562%$1.8M10xas long as short
HTX XPD-USDT0.0000%4h1,301−2.387%$9K$34K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,299.6−2.488%as long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPD+0.0032%1h1,302.4−2.281%$402K$155K20xas long as short
Injective XPD/USDC PERPlong+0.0033%1h1,332.8long leg$16K$20K52x
BloFin XPD-USDT+0.0040%4h1,302−2.308%$30K$20K100xas long as short
tradeXYZ xyz:PALLADIUMshort+0.0050%1h1,299.7−2.483%$2.7M$509K20x
Bitget XPDUSDT+0.0070%4h1,301.2−2.369%$5.0M$240K100xas long as short
KuCoin XPDUSDTM+0.0100%4h1,301.3−2.363%$169K$5K75xas long as short
GRVT XPD_USDT_Perp+0.0392%4h1,300.8−2.402%$337K$726K25xas long as short