XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against MEXC−0.080%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$209as in the Price arb table

costs, in and out, $10k−$2032.033% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.080%, 7d avg −0.019%

Together, before fees+0.181%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.062% cheaper against MEXC than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.019%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.094% in total) that is about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XPD_USDT	1,307.2	0	get 0.0000% / 4h	1h 22m	$13.2M	$269K	100x
Short	KuCoin XPDUSDTM	1,306.1	0.0100	get 0.0050% / 4h	1h 22m	$170K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.080%Rate

Funding earned: $21
Price spread: −0.080% → −0.019%: −$6.18
Slippage, 4 orders: −$191.32
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$188.5
Costs to cover: 2.033%
Break-even: 69.8 days

Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 66 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, 1 min ago	3.90 bp	3.9 bp −$4	5.0 bp −$50	70.8 bp −$7,083	271.6 bp −$135.8K
Sell KuCoin live order book, 66 min ago	18.15 bp	98.3 bp −$98	492.1 bp −$4,921	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	−0.0055%	1h	1,306	−0.090%	$2.7M	$493K	20x	as long as short
Aster XPDUSDT	0.0000%	4h	1,307.5	+0.027%	$27K	$5K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,307.8	+0.045%	$3.7M	$4.5M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,307.7	+0.041%	$324K	$475K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,307.6	+0.030%	$2.0M	$456K	100x	as long as short
MEXC XPD_USDTlong	0.0000%	4h	1,307.2	long leg	$13.2M	$269K	100x
Bitget XPDUSDT	0.0000%	4h	1,307.1	−0.008%	$5.0M	$219K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,308.1	+0.075%	$540K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,307	−0.014%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,307.3	+0.008%	$9K	$33K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,306	−0.093%	—	—	—	as long as short
BloFin XPD-USDT	+0.0013%	4h	1,307.7	+0.044%	$30K	$20K	100x	as long as short
edgeX XPDUSDC	+0.0017%	4h	1,308.2	+0.078%	$38K	$205K	10x	as long as short
Lighter XPD	+0.0032%	1h	1,307.4	+0.018%	$403K	$155K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.961%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTMshort	+0.0100%	4h	1,306.1	−0.080%	$170K	$5K	75x
GRVT XPD_USDT_Perp	+0.0138%	4h	1,307.8	+0.050%	$339K	$751K	25x	as long as short