Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.009%

Price spread now: OKX against Aster+0.112%7-day average — · you sell dearer than you buy

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

Long on Aster Short on OKX

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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.112% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XPDUSDT	1,311	0.0019	pay 0.0010% / 4h	2h 15m	$27K	$12K	20x
Short	OKX XPD-USDT-SWAP	1,312.5	0.0060	get 0.0060% / 8h	6h 15m	$315K	$471K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.112%Rate

Funding earned: $8.58
Price spread: +0.112% → 0.000%: $11.15
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $1.74
Costs to cover: 0.180%
Break-even: 5.6 days

Slippage unknown: Aster: no order-book sample; OKX: live order book, 50 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 OKX live order book, 50 min ago	1.14 bp	15.1 bp −$15	76.8 bp −$768	doesn't fit	doesn't fit

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 16 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
Binance XPDUSDT	0.0000%	4h	1,312.8	+0.132%	$3.8M	$4.4M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,312.5	+0.110%	$2.0M	$452K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,312.5	+0.112%	$13.1M	$334K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,312.3	+0.099%	$542K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,310.6	−0.036%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,312.5	+0.113%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,310.7	−0.025%	—	—	—	as long as short
edgeX XPDUSDC	+0.0010%	4h	1,312.1	+0.083%	$38K	$206K	10x	as long as short
Aster XPDUSDTlong	+0.0019%	4h	1,311	long leg	$27K	$12K	20x
Lighter XPD	+0.0032%	1h	1,312.2	+0.089%	$405K	$155K	20x	as long as short

Show all 16 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	+1.660%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,310.5	−0.041%	$2.7M	$519K	20x	as long as short
OKX XPD-USDT-SWAPshort	+0.0060%	8h	1,312.5	+0.112%	$315K	$471K	50x
KuCoin XPDUSDTM	+0.0100%	4h	1,311.2	+0.015%	$171K	$5K	75x	as long as short
Bitget XPDUSDT	+0.0110%	4h	1,312.5	+0.111%	$5.0M	$216K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0494%	4h	1,312.1	+0.078%	$340K	$803K	25x	as long as short