XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.007%

Price spread now: Gate against Bitget+0.014%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$860.859% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.176%−$18 on $10k

Price spread, last 7 days+0.153%+$15 · spread now +0.014%, 7d avg +0.070%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.056% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.070%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XPDUSDT	1,315.2	0.0056	pay 0.0028% / 4h	2h 44m	$5.0M	$220K	100x
Short	Gate XPD_USDT	1,315.4	0	get 0.0000% / 4h	2h 44m	$2.0M	$434K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BitgetbpFee GatebpOrdersPrice spread, now +0.014%Rate

Funding earned: −$11.76
Price spread: +0.014% → +0.070%: −$5.56
Slippage, 4 orders: −$58.9
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$103.22
Costs to cover: 0.859%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago	5.24 bp	14.4 bp −$14	31.5 bp −$315	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.60 bp	28.5 bp −$29	131.9 bp −$1,319	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
Binance XPDUSDT	0.0000%	4h	1,315.4	+0.017%	$3.8M	$4.4M	100x	as long as short
Gate XPD_USDTshort	0.0000%	4h	1,315.4	+0.014%	$2.0M	$434K	100x
MEXC XPD_USDT	0.0000%	4h	1,315	−0.016%	$13.2M	$332K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,316.6	+0.104%	$545K	$14K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,313.4	−0.135%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,316.5	+0.097%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,312.9	−0.172%	—	—	—	as long as short
Aster XPDUSDT	+0.0009%	4h	1,313.9	−0.095%	$27K	$12K	20x	as long as short
edgeX XPDUSDC	+0.0015%	4h	1,316.1	+0.066%	$38K	$206K	10x	as long as short
Lighter XPD	+0.0032%	1h	1,315.3	+0.009%	$405K	$154K	20x	as long as short

Show all 17 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	+1.340%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,313.5	−0.128%	$2.7M	$512K	20x	as long as short
Bitget XPDUSDTlong	+0.0056%	4h	1,315.2	long leg	$5.0M	$220K	100x
BloFin XPD-USDT	+0.0058%	4h	1,317.3	+0.160%	$30K	$20K	100x	as long as short
OKX XPD-USDT-SWAP	+0.0092%	8h	1,315.1	−0.006%	$319K	$464K	50x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,314.7	−0.036%	$171K	$5K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0482%	4h	1,316.7	+0.113%	$341K	$842K	25x	as long as short