Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against KuCoin−0.007%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3163.164% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.007%, 7d avg −0.019%
=The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPDUSDTM | 1,293.5 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $168K | $7K | 75x |
| Short | Bitget XPDUSDT | 1,293.4 | 0 | get 0.0000% / 4h | 2h 54m | $5.0M | $303K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$21
- Price spread: −0.007% → −0.019%
- $1.17
- Slippage, 4 orders
- −$292.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$336.25
- Costs to cover
- 3.164%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; Bitget: live order book, 4 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 KuCoin live order book, 26 min ago | 18.73 bp | 116.2 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.09 bp | 15.5 bp −$16 | 29.5 bp −$295 | doesn't fit | doesn't fit |
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 | −0.0256% | 1h | 1,291.7 | −0.140% | $2.6M | $574K | 20x | as long as short |
| edgeX XPDUSDC | −0.0012% | 4h | 1,298.4 | +0.380% | $37K | $205K | 10x | as long as short |
| BloFin XPD-USDT | −0.0005% | 4h | 1,295.2 | +0.131% | $32K | $22K | 100x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,293.6 | +0.009% | $27K | $7K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,293.9 | +0.028% | $3.6M | $5.2M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,293.9 | +0.033% | $2.0M | $480K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,293.8 | +0.025% | $12.9M | $370K | 100x | as long as short |
| Bitget XPDUSDTshort | 0.0000% | 4h | 1,293.4 | −0.007% | $5.0M | $303K | 100x | |
| Variational Omni XPD | 0.0000% | 4h | 1,298.1 | +0.358% | $528K | $32K | — | as long as short |
| GRVT XPD_USDT_Perp | 0.0000% | 4h | 1,298.5 | +0.390% | $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 | 1,293.6 | +0.010% | — | $1.6M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,293.8 | +0.022% | $10K | $36K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,298.8 | +0.411% | — | — | — | as long as short |
| OKX XPD-USDT-SWAP | +0.0010% | 8h | 1,294.3 | +0.061% | $335K | $548K | 50x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,293.6 | +0.007% | $398K | $159K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +3.037% | $16K | $20K | 52x | as long as short |
| KuCoin XPDUSDTMlong | +0.0100% | 4h | 1,293.5 | long leg | $168K | $7K | 75x |
KuCoin XPDUSDTM
Bitget XPDUSDT
tradeXYZ xyz:PALLADIUM
edgeX XPDUSDC
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
GRVT XPD_USDT_Perp
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
OKX XPD-USDT-SWAP
Lighter XPD
Injective XPD/USDC PERP