Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.174%−$17 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XPDUSDT1,286.90.0142pay 0.0071% / 4h3h 24m$5.0M$259K100x
ShortBinance XPDUSDT1,287.40get 0.0000% / 4h3h 24m$3.6M$5.1M100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago7.74 bp18.0 bp −$1847.9 bp −$479doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago1.51 bp14.3 bp −$1433.5 bp −$335150.3 bp −$15.0Kdoesn't fit

XPD on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:PALLADIUM−0.0316%1h1,285.5−0.107%$2.6M$568K20xas long as short
edgeX XPDUSDC−0.0018%4h1,285.9−0.077%$37K$205K10xas long as short
Aster XPDUSDT0.0000%4h1,287+0.006%$27K$6K20xas long as short
Binance XPDUSDTshort0.0000%4h1,287.4+0.040%$3.6M$5.1M100x
Gate XPD_USDT0.0000%4h1,286.6−0.019%$2.0M$480K100xas long as short
MEXC XPD_USDT0.0000%4h1,286.6−0.025%$12.9M$356K100xas long as short
Variational Omni XPD0.0000%4h1,285.8−0.084%$523K$32Kas long as short
GRVT XPD_USDT_Perp0.0000%4h1,287.1+0.020%$334K$629K25xas long as short
SunX XPD-USDT0.0000%4h1,287.1+0.017%$1.6M10xas long as short
HTX XPD-USDT0.0000%4h1,286.2−0.056%$10K$35K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XPD-USDT+0.0005%4h1,286.3−0.047%$32K$21K100xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,284.3−0.204%as long as short
Lighter XPD+0.0032%1h1,287.7+0.064%$396K$161K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+3.568%$16K$20K52xas long as short
OKX XPD-USDT-SWAP+0.0079%8h1,285.7−0.092%$340K$520K50xas long as short
KuCoin XPDUSDTM+0.0100%4h1,286.7−0.013%$167K$7K75xas long as short
Bitget XPDUSDTlong+0.0142%4h1,286.9long leg$5.0M$259K100x