Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0059%/8hnext payment −$0.29 per $10,000 · paid last 24h −0.013%

Price spread now: MEXC against Aster−0.063%7-day average — · you buy dearer than you sell

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

Long on Aster Short on MEXC

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 airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.063% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XPDUSDT	1,314.1	0.0059	pay 0.0029% / 4h	4m 32s	$27K	$12K	20x
Short	MEXC XPD_USDT	1,313.3	0	get 0.0000% / 4h	4m 32s	$13.2M	$339K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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 AsterbpFee MEXCbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$12.34
Price spread: −0.063% → 0.000%: −$6.31
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$26.65
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 3 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	3.39 bp	21.1 bp −$21	22.1 bp −$221	96.8 bp −$9,679	310.3 bp −$155.2K

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
BloFin XPD-USDT	−0.0011%	4h	1,313.3	−0.062%	$30K	$19K	100x	as long as short
Binance XPDUSDT	0.0000%	4h	1,313.9	−0.016%	$3.8M	$4.3M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,313.4	−0.055%	$322K	$516K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,313.7	−0.032%	$1.9M	$427K	100x	as long as short
MEXC XPD_USDTshort	0.0000%	4h	1,313.3	−0.063%	$13.2M	$339K	100x
Variational Omni XPD	0.0000%	4h	1,313.3	−0.061%	$542K	$25K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,311.2	−0.224%	—	$2.0M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,313.3	−0.066%	$10K	$34K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,311.6	−0.194%	—	—	—	as long as short
edgeX XPDUSDC	+0.0018%	4h	1,313.6	−0.042%	$38K	$205K	10x	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	+1.422%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,311.8	−0.176%	$2.7M	$553K	20x	as long as short
Aster XPDUSDTlong	+0.0059%	4h	1,314.1	long leg	$27K	$12K	20x
KuCoin XPDUSDTM	+0.0100%	4h	1,314.2	+0.004%	$172K	$4K	75x	as long as short
Bitget XPDUSDT	+0.0124%	4h	1,312.4	−0.129%	$5.0M	$233K	100x	as long as short
Lighter XPD	+0.0200%	1h	1,314.8	+0.052%	$400K	$143K	20x	as long as short
GRVT XPD_USDT_Perp	+0.0450%	4h	1,312.9	−0.089%	$338K	$1.1M	25x	as long as short