Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.015%
Price spread now: MEXC against OKX+0.004%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.004%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, 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 | OKX XPD-USDT-SWAP | 1,300.3 | 0.0056 | pay 0.0056% / 8h | 4h 09m | $323K | $468K | 50x |
| Short | MEXC XPD_USDT | 1,300.4 | 0 | get 0.0000% / 4h | 9m 31s | $13.1M | $270K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$11.73
- Price spread: +0.004% → +0.008%
- −$0.45
- Slippage, 4 orders
- −$41.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$63.41
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from OKX: live order book, 46 min ago; MEXC: live order book, 4 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, 46 min ago | 0.77 bp | 15.9 bp −$16 | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 5.08 bp | 15.0 bp −$15 | 15.6 bp −$156 | 89.5 bp −$8,952 | 306.5 bp −$153.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0024% | 4h | 1,300.7 | +0.033% | $30K | $20K | 100x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,300.6 | +0.025% | $3.8M | $4.6M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,300.7 | +0.028% | $2.0M | $460K | 100x | as long as short |
| MEXC XPD_USDTshort | 0.0000% | 4h | 1,300.4 | +0.004% | $13.1M | $270K | 100x | |
| Variational Omni XPD | 0.0000% | 4h | 1,300.4 | +0.005% | $536K | $24K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,297.5 | −0.218% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,300.3 | −0.003% | $9K | $34K | 20x | as long as short |
| edgeX XPDUSDC | +0.0001% | 4h | 1,300.2 | −0.005% | $37K | $205K | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,298.6 | −0.128% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,301.1 | +0.062% | $401K | $155K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.499% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,298.7 | −0.123% | $2.7M | $486K | 20x | as long as short |
| OKX XPD-USDT-SWAPlong | +0.0056% | 8h | 1,300.3 | long leg | $323K | $468K | 50x | |
| Aster XPDUSDT | +0.0081% | 4h | 1,299.9 | −0.033% | $27K | $5K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,301.3 | +0.077% | $170K | $5K | 75x | as long as short |
| Bitget XPDUSDT | +0.0146% | 4h | 1,300.1 | −0.015% | $5.0M | $240K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0492% | 4h | 1,300.2 | −0.005% | $336K | $724K | 25x | as long as short |
OKX XPD-USDT-SWAP
MEXC XPD_USDT
BloFin XPD-USDT
Binance XPDUSDT
Gate XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
edgeX XPDUSDC
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Aster XPDUSDT
KuCoin XPDUSDTM
Bitget XPDUSDT
GRVT XPD_USDT_Perp