Funding you earn now, next payment 12:00 UTC−0.0142%/8h= −15.5% APRnext payment −$0.71 per $10,000 · paid last 24h −0.035%
Price spread now: Binance against Bitget+0.040%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.612% of the position
Funding, last 7 days−0.155%−$15 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.040%, 7d avg +0.044%
=The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPDUSDT | 1,286.9 | 0.0142 | pay 0.0071% / 4h | 3h 24m | $5.0M | $259K | 100x |
| Short | Binance XPDUSDT | 1,287.4 | 0 | get 0.0000% / 4h | 3h 24m | $3.6M | $5.1M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$29.82
- Price spread: +0.040% → +0.044%
- −$0.37
- Slippage, 4 orders
- −$39.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.44
- Costs to cover
- 0.612%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 13 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 Bitget live order book, 4 min ago | 7.74 bp | 18.0 bp −$18 | 47.9 bp −$479 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.51 bp | 14.3 bp −$14 | 33.5 bp −$335 | 150.3 bp −$15.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUM | −0.0316% | 1h | 1,285.5 | −0.107% | $2.6M | $568K | 20x | as long as short |
| edgeX XPDUSDC | −0.0018% | 4h | 1,285.9 | −0.077% | $37K | $205K | 10x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,287 | +0.006% | $27K | $6K | 20x | as long as short |
| Binance XPDUSDTshort | 0.0000% | 4h | 1,287.4 | +0.040% | $3.6M | $5.1M | 100x | |
| Gate XPD_USDT | 0.0000% | 4h | 1,286.6 | −0.019% | $2.0M | $480K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,286.6 | −0.025% | $12.9M | $356K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,285.8 | −0.084% | $523K | $32K | — | as long as short |
| GRVT XPD_USDT_Perp | 0.0000% | 4h | 1,287.1 | +0.020% | $334K | $629K | 25x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,287.1 | +0.017% | — | $1.6M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,286.2 | −0.056% | $10K | $35K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | +0.0005% | 4h | 1,286.3 | −0.047% | $32K | $21K | 100x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,284.3 | −0.204% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,287.7 | +0.064% | $396K | $161K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +3.568% | $16K | $20K | 52x | as long as short |
| OKX XPD-USDT-SWAP | +0.0079% | 8h | 1,285.7 | −0.092% | $340K | $520K | 50x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,286.7 | −0.013% | $167K | $7K | 75x | as long as short |
| Bitget XPDUSDTlong | +0.0142% | 4h | 1,286.9 | long leg | $5.0M | $259K | 100x |
Bitget XPDUSDT
Binance XPDUSDT
tradeXYZ xyz:PALLADIUM
edgeX XPDUSDC
Aster XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
GRVT XPD_USDT_Perp
SunX XPD-USDT
HTX XPD-USDT
BloFin XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
OKX XPD-USDT-SWAP
KuCoin XPDUSDTM