XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h +0.001%

Price spread now: edgeX against Binance−0.008%70s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$640.635% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.008%, 7d avg −0.009%

Together, before fees+0.134%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPDUSDT	1,300.5	0.0246	pay 0.0123% / 4h	3h 16m	$3.8M	$4.7M	100x
Short	edgeX XPDUSDC	1,300.4	0.0232	get 0.0116% / 4h	3h 16m	$37K	$206K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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 BinancebpFee edgeXbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$2.97
Price spread: −0.008% → −0.009%: $0.08
Slippage, 4 orders: −$44.53
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$66.42
Costs to cover: 0.635%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; edgeX: live order book, 35 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 Binance live order book, 6 min ago	1.65 bp	13.5 bp −$13	29.4 bp −$294	138.1 bp −$13.8K	doesn't fit
Sell edgeX live order book, 35 min ago	9.01 bp	20.4 bp −$20	127.2 bp −$1,272	doesn't fit	doesn't fit

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
SunX XPD-USDT	0.0000%	4h	1,297.8	−0.206%	—	$1.8M	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,297.9	−0.196%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,300.8	+0.025%	$401K	$160K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.486%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,297.7	−0.213%	$2.7M	$470K	20x	as long as short
Variational Omni XPD	+0.0095%	4h	1,300.4	−0.006%	$536K	$24K	—	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,299.8	−0.056%	$169K	$6K	75x	as long as short
Gate XPD_USDT	+0.0118%	4h	1,300.6	+0.008%	$2.0M	$476K	100x	as long as short
edgeX XPDUSDCshort	+0.0232%	4h	1,300.4	−0.008%	$37K	$206K	10x
OKX XPD-USDT-SWAP	+0.0241%	8h	1,300.5	+0.002%	$321K	$473K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XPD_USDT	+0.0242%	4h	1,298.6	−0.148%	$13.1M	$270K	100x	as long as short
Binance XPDUSDTlong	+0.0246%	4h	1,300.5	long leg	$3.8M	$4.7M	100x
BloFin XPD-USDT	+0.0270%	4h	1,300.2	−0.023%	$30K	$20K	100x	as long as short
Bitget XPDUSDT	+0.0416%	4h	1,298.7	−0.133%	$5.0M	$241K	100x	as long as short
Aster XPDUSDT	+0.0429%	4h	1,299	−0.112%	$26K	$5K	20x	as long as short
HTX XPD-USDT	+0.0453%	4h	1,300.5	+0.004%	$9K	$34K	20x	as long as short
GRVT XPD_USDT_Perp	+0.1264%	4h	1,300.3	−0.016%	$338K	$717K	25x	as long as short