XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%

Price spread now: edgeX against MEXC+0.267%68s7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$140.135% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.308%−$31 · spread now +0.267%, 7d avg −0.004%

Together, before fees−0.303%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.271% dearer against MEXC than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 68 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	MEXC XPD_USDT	1,306.6	0	get 0.0000% / 4h	1h 50m	$13.2M	$264K	100x
Short	edgeX XPDUSDC	1,310.1	0.0012	get 0.0006% / 4h	1h 50m	$38K	$205K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now +0.267%Rate

Funding earned: $2.54
Price spread: +0.267% → −0.004%: $27.15
Slippage, 4 orders: −$4.5
Fee MEXC: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $16.18
Costs to cover: 0.135%
Break-even: from the start

Slippage from MEXC: live order book, 3 min ago; edgeX: live order book, 11 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 MEXC live order book, 3 min ago	0.08 bp	0.1 bp $0	1.6 bp −$16	71.9 bp −$7,189	288.0 bp −$144.0K
Sell edgeX live order book, 11 min ago	1.18 bp	6.6 bp −$7	132.0 bp −$1,320	doesn't fit	doesn't fit

XPD on 16 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	−0.0143%	1h	1,305.1	−0.114%	$2.7M	$518K	20x	as long as short
Aster XPDUSDT	0.0000%	4h	1,306.1	−0.036%	$27K	$5K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,306.7	+0.011%	$3.7M	$4.5M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,306.4	−0.018%	$2.0M	$449K	100x	as long as short
MEXC XPD_USDTlong	0.0000%	4h	1,306.6	long leg	$13.2M	$264K	100x
Variational Omni XPD	0.0000%	4h	1,306.4	−0.012%	$539K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,306.2	−0.030%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,306.3	−0.022%	$9K	$33K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0002%	8h	1,306.4	−0.015%	$315K	$469K	50x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,305.2	−0.107%	—	—	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XPDUSDT	+0.0012%	4h	1,305.7	−0.065%	$5.0M	$218K	100x	as long as short
edgeX XPDUSDCshort	+0.0012%	4h	1,310.1	+0.267%	$38K	$205K	10x
Lighter XPD	+0.0032%	1h	1,305.9	−0.053%	$403K	$155K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.006%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,305.9	−0.056%	$170K	$5K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0216%	4h	1,309.6	+0.231%	$339K	$777K	25x	as long as short