Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.015%
Price spread now: KuCoin against OKX−0.026%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2152.154% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.026%, 7d avg −0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XPD-USDT-SWAP | 1,316.7 | 0.0095 | pay 0.0095% / 8h | 6h 59m | $320K | $484K | 50x |
| Short | KuCoin XPDUSDTM | 1,316.4 | 0.0100 | get 0.0050% / 4h | 2h 59m | $171K | $5K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $0.95
- Price spread: −0.026% → −0.010%
- −$1.61
- Slippage, 4 orders
- −$193.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$216.08
- Costs to cover
- 2.154%
- Break-even
- 1592.5 days
Slippage from OKX: live order book, 7 min ago; KuCoin: live order book, 45 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 OKX live order book, 7 min ago | 1.14 bp | 18.1 bp −$18 | 79.9 bp −$799 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 19.10 bp | 125.3 bp −$125 | 525.2 bp −$5,252 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | −0.0020% | 4h | 1,316.5 | −0.016% | $38K | $206K | 10x | as long as short |
| BloFin XPD-USDT | −0.0010% | 4h | 1,317.4 | +0.055% | $30K | $20K | 100x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,316.3 | −0.032% | $3.8M | $4.4M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,316.9 | +0.015% | $2.0M | $424K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,316 | −0.056% | $13.2M | $331K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,316.2 | −0.040% | $545K | $14K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,315 | −0.133% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,317.2 | +0.037% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,315.7 | −0.076% | — | — | — | as long as short |
| Aster XPDUSDT | +0.0016% | 4h | 1,317.3 | +0.048% | $27K | $12K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPD | +0.0032% | 1h | 1,317 | +0.023% | $406K | $154K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.223% | $16K | $20K | 52x | as long as short |
| Bitget XPDUSDT | +0.0038% | 4h | 1,316.2 | −0.038% | $5.0M | $220K | 100x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,314.2 | −0.190% | $2.7M | $515K | 20x | as long as short |
| OKX XPD-USDT-SWAPlong | +0.0095% | 8h | 1,316.7 | long leg | $320K | $484K | 50x | |
| KuCoin XPDUSDTMshort | +0.0100% | 4h | 1,316.4 | −0.026% | $171K | $5K | 75x | |
| GRVT XPD_USDT_Perp | +0.0516% | 4h | 1,316.4 | −0.021% | $341K | $849K | 25x | as long as short |
OKX XPD-USDT-SWAP
KuCoin XPDUSDTM
edgeX XPDUSDC
BloFin XPD-USDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Aster XPDUSDT
Lighter XPD
Injective XPD/USDC PERP
Bitget XPDUSDT
tradeXYZ xyz:PALLADIUM
GRVT XPD_USDT_Perp