Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.030%

Price spread now: BloFin against OKX−0.018%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPD-USDT-SWAP	1,295.1	0	get 0.0000% / 8h	6h 06m	$339K	$562K	50x
Short	BloFin XPD-USDT	1,294.9	−0.0042	pay 0.0021% / 4h	2h 06m	$32K	$23K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$8.88
Price spread: −0.018% → 0.000%: −$1.78
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$32.66
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 42 min ago; BloFin: no order-book sample. Net counts fees only.

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 OKX live order book, 42 min ago	0.39 bp	20.2 bp −$20	87.3 bp −$873	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: 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 exchanges

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	−0.0097%	1h	1,293.8	−0.100%	$2.6M	$566K	20x	as long as short
BloFin XPD-USDTshort	−0.0042%	4h	1,294.9	−0.018%	$32K	$23K	100x
edgeX XPDUSDC	−0.0017%	4h	1,293.2	−0.144%	$37K	$206K	10x	as long as short
Aster XPDUSDT	0.0000%	4h	1,295.6	+0.036%	$26K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,295.6	+0.037%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAPlong	0.0000%	8h	1,295.1	long leg	$339K	$562K	50x
Gate XPD_USDT	0.0000%	4h	1,295.9	+0.062%	$2.0M	$489K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,295	−0.012%	$13.6M	$453K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,294.9	−0.014%	$5.0M	$306K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,293	−0.161%	$525K	$32K	—	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XPD-USDT	0.0000%	4h	1,293.7	−0.108%	—	$1.6M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,293.5	−0.124%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,291.2	−0.303%	—	—	—	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.911%	$16K	$20K	52x	as long as short
Lighter XPD	+0.0048%	1h	1,295.2	+0.008%	$398K	$159K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,295.2	+0.009%	$168K	$7K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0166%	4h	1,292.7	−0.185%	$335K	$626K	25x	as long as short