Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h +0.002%

Price spread now: gTrade (Gains Network) against SunX+0.005%66s7-day average — · you sell dearer than you buy

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

Long on SunX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XPD-USDT	1,291.2	0	get 0.0000% / 4h	2h 15m	—	$1.6M	10x
Short	gTrade (Gains Network) XPD/USD	1,291.3	L +0.0008% / S −0.0007%	get 0.0001% / 1h	15m 04s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SunX. 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 SunXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.005%Rate

Funding earned: $1.55
Price spread: +0.005% → 0.000%: $0.46
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$15.99
Costs to cover: 0.180%
Break-even: 79.4 days

Slippage unknown: SunX: live order book, 4 min ago; gTrade (Gains Network): 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 SunX live order book, 4 min ago	900.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0118%	1h	1,290.3	−0.069%	$2.6M	$566K	20x	as long as short
Aster XPDUSDT	0.0000%	4h	1,293.2	+0.156%	$26K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,293.2	+0.153%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,293.3	+0.163%	$337K	$558K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,292.8	+0.122%	$2.0M	$487K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,292.7	+0.114%	$13.6M	$452K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,292	+0.066%	$5.0M	$301K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,293.1	+0.149%	$525K	$32K	—	as long as short
SunX XPD-USDTlong	0.0000%	4h	1,291.2	long leg	—	$1.6M	10x
HTX XPD-USDT	0.0000%	4h	1,292.8	+0.122%	$10K	$35K	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPD-USDT	+0.0004%	4h	1,292.3	+0.088%	$32K	$23K	100x	as long as short
gTrade (Gains Network) XPD/USDshort	L +0.0008% / S −0.0007%	1h	1,291.3	+0.005%	—	—	—
edgeX XPDUSDC	+0.0019%	4h	1,292.6	+0.111%	$37K	$207K	10x	as long as short
Lighter XPD	+0.0032%	1h	1,292.4	+0.094%	$397K	$159K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+3.223%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,290.9	−0.024%	$168K	$7K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0134%	4h	1,292.4	+0.097%	$336K	$622K	25x	as long as short