Funding you earn now, next payment 12:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.032%
Price spread now: OKX against MEXC−0.021%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.021%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XPD_USDT | 1,291.3 | 0 | get 0.0000% / 4h | 3h 20m | $12.9M | $356K | 100x |
| Short | OKX XPD-USDT-SWAP | 1,291 | 0.0073 | get 0.0073% / 8h | 7h 20m | $341K | $524K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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
- $15.29
- Price spread: −0.021% → −0.006%
- −$1.52
- Slippage, 4 orders
- −$33.16
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$29.39
- Costs to cover
- 0.432%
- Break-even
- 20.5 days
Slippage from MEXC: live order book, 3 min ago; OKX: 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 | 2.95 bp | 3.0 bp −$3 | 4.5 bp −$45 | 83.8 bp −$8,379 | 299.2 bp −$149.6K |
| Sell OKX live order book, 11 min ago | 0.39 bp | 16.0 bp −$16 | 46.3 bp −$463 | 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 | −0.0308% | 1h | 1,289.3 | −0.153% | $2.6M | $568K | 20x | as long as short |
| BloFin XPD-USDT | −0.0041% | 4h | 1,290.7 | −0.046% | $32K | $21K | 100x | as long as short |
| edgeX XPDUSDC | −0.0015% | 4h | 1,287.4 | −0.301% | $37K | $206K | 10x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,290.1 | −0.087% | $27K | $6K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,291.1 | −0.009% | $3.6M | $5.1M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,291.4 | +0.007% | $2.0M | $482K | 100x | as long as short |
| MEXC XPD_USDTlong | 0.0000% | 4h | 1,291.3 | long leg | $12.9M | $356K | 100x | |
| Variational Omni XPD | 0.0000% | 4h | 1,291.5 | +0.021% | $525K | $32K | — | as long as short |
| GRVT XPD_USDT_Perp | 0.0000% | 4h | 1,287.6 | −0.281% | $334K | $625K | 25x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,291.3 | +0.005% | — | $1.6M | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XPD-USDT | 0.0000% | 4h | 1,291 | −0.019% | $10K | $35K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,289.9 | −0.105% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,291.2 | −0.005% | $397K | $161K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +3.216% | $16K | $20K | 52x | as long as short |
| OKX XPD-USDT-SWAPshort | +0.0073% | 8h | 1,291 | −0.021% | $341K | $524K | 50x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,290 | −0.101% | $168K | $7K | 75x | as long as short |
| Bitget XPDUSDT | +0.0122% | 4h | 1,290.4 | −0.069% | $5.0M | $280K | 100x | as long as short |
MEXC XPD_USDT
OKX XPD-USDT-SWAP
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
edgeX XPDUSDC
Aster XPDUSDT
Binance XPDUSDT
Gate XPD_USDT
Variational Omni XPD
GRVT XPD_USDT_Perp
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM
Bitget XPDUSDT