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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0119%/8h= −13.0% APRpaid last 24h −0.033%
Price spread now: gTrade (Gains Network) against Bitget−0.081%55s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.081% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XPDUSDT1,289.60.0126pay 0.0063% / 4h3h 21m$5.0M$280K100x
ShortgTrade (Gains Network) XPD/USD1,288.6L +0.0008% / S −0.0007%get 0.0001% / 1h21m 26s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$24.91
Price spread: −0.081% → 0.000%
−$8.14
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$55.06
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 7 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 7 min ago7.74 bp18.0 bp −$1847.9 bp −$479doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:PALLADIUM−0.0312%1h1,289.1−0.039%$2.6M$568K20xas long as short
BloFin XPD-USDT−0.0058%4h1,287.7−0.151%$32K$21K100xas long as short
edgeX XPDUSDC−0.0015%4h1,287.4−0.172%$37K$206K10xas long as short
Aster XPDUSDT0.0000%4h1,290.8+0.093%$27K$6K20xas long as short
Binance XPDUSDT0.0000%4h1,291.4+0.139%$3.6M$5.2M100xas long as short
Gate XPD_USDT0.0000%4h1,290.8+0.092%$2.0M$482K100xas long as short
MEXC XPD_USDT0.0000%4h1,290.6+0.074%$12.9M$356K100xas long as short
Variational Omni XPD0.0000%4h1,285.8−0.294%$523K$32Kas long as short
GRVT XPD_USDT_Perp0.0000%4h1,287.6−0.152%$334K$625K25xas long as short
SunX XPD-USDT0.0000%4h1,289.8+0.012%$1.6M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPD-USDT0.0000%4h1,287.5−0.161%$10K$35K20xas long as short
gTrade (Gains Network) XPD/USDshortL +0.0008% / S −0.0007%1h1,288.6−0.081%
Lighter XPD+0.0032%1h1,289.9+0.023%$397K$161K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+3.350%$16K$20K52xas long as short
OKX XPD-USDT-SWAP+0.0075%8h1,290.6+0.078%$341K$524K50xas long as short
KuCoin XPDUSDTM+0.0100%4h1,289.1−0.039%$167K$7K75xas long as short
Bitget XPDUSDTlong+0.0126%4h1,289.6long leg$5.0M$280K100x