Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h +0.017%

Price spread now: Aster against tradeXYZ+0.238%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Aster

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—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.238% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.238% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 24 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:PALLADIUM	1,314.2	0.0050	pay 0.0006% / 1h	59m 13s	$2.7M	$515K	20x
Short	Aster XPDUSDT	1,317.3	0.0016	get 0.0008% / 4h	2h 59m	$27K	$12K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.238%Rate

Funding earned: −$7.05
Price spread: +0.238% → 0.000%: $23.81
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$9.24
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 9 min ago; Aster: 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 tradeXYZ live order book, 9 min ago	1.52 bp	14.0 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 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	+0.174%	$38K	$206K	10x	as long as short
BloFin XPD-USDT	−0.0010%	4h	1,317.4	+0.245%	$30K	$20K	100x	as long as short
Binance XPDUSDT	0.0000%	4h	1,316.3	+0.158%	$3.8M	$4.4M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,316.9	+0.205%	$2.0M	$424K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,316	+0.134%	$13.2M	$331K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,316.2	+0.150%	$545K	$14K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,315	+0.057%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,317.2	+0.228%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,315.7	+0.114%	—	—	—	as long as short
Aster XPDUSDTshort	+0.0016%	4h	1,317.3	+0.238%	$27K	$12K	20x

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	+0.213%	$406K	$154K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.415%	$16K	$20K	52x	as long as short
Bitget XPDUSDT	+0.0038%	4h	1,316.2	+0.152%	$5.0M	$220K	100x	as long as short
tradeXYZ xyz:PALLADIUMlong	+0.0050%	1h	1,314.2	long leg	$2.7M	$515K	20x
OKX XPD-USDT-SWAP	+0.0095%	8h	1,316.7	+0.190%	$320K	$484K	50x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,316.4	+0.164%	$171K	$5K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0516%	4h	1,316.4	+0.169%	$341K	$849K	25x	as long as short