Funding you earn now, next payment 05:00 UTC−0.0428%/8h= −46.9% APRpaid last 24h −0.015%
Price spread now: tradeXYZ against Bitget−0.123%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.123%, 7d avg −0.104%
=Together, before fees+0.078%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.104%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPDUSDT | 1,299.1 | 0.0478 | pay 0.0239% / 4h | 3h 04m | $5.0M | $241K | 100x |
| Short | tradeXYZ xyz:PALLADIUM | 1,297.5 | 0.0050 | get 0.0006% / 1h | 4m 02s | $2.7M | $470K | 20x |
Bitget XPDUSDT
tradeXYZ xyz:PALLADIUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$89.88
- Price spread: −0.123% → −0.104%
- −$1.87
- Slippage, 4 orders
- −$24.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$146.17
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; tradeXYZ: 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, 4 min ago | 0.69 bp | 12.8 bp −$13 | 44.3 bp −$443 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.93 bp | 13.2 bp −$13 | 31.1 bp −$311 | 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 | 1,297.3 | −0.141% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,297.8 | −0.099% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,300.2 | +0.085% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.594% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUMshort | +0.0050% | 1h | 1,297.5 | −0.123% | $2.7M | $470K | 20x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,300 | +0.072% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDT | +0.0102% | 4h | 1,299.9 | +0.062% | $2.0M | $477K | 100x | as long as short |
| Variational Omni XPD | +0.0171% | 4h | 1,299.5 | +0.029% | $536K | $24K | — | as long as short |
| edgeX XPDUSDC | +0.0269% | 4h | 1,299.5 | +0.030% | $37K | $205K | 10x | as long as short |
| OKX XPD-USDT-SWAP | +0.0273% | 8h | 1,299.4 | +0.023% | $321K | $471K | 50x | as long as short |
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM
Gate XPD_USDT
Variational Omni XPD
edgeX XPDUSDC
OKX XPD-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0300% | 4h | 1,298.9 | −0.019% | $13.1M | $271K | 100x | as long as short |
| Binance XPDUSDT | +0.0308% | 4h | 1,300.1 | +0.074% | $3.8M | $4.7M | 100x | as long as short |
| BloFin XPD-USDT | +0.0345% | 4h | 1,299.7 | +0.046% | $30K | $20K | 100x | as long as short |
| Bitget XPDUSDTlong | +0.0478% | 4h | 1,299.1 | long leg | $5.0M | $241K | 100x | |
| HTX XPD-USDT | +0.0490% | 4h | 1,300 | +0.065% | $10K | $34K | 20x | as long as short |
| Aster XPDUSDT | +0.0523% | 4h | 1,298.9 | −0.019% | $26K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1288% | 4h | 1,299.2 | +0.011% | $338K | $715K | 25x | as long as short |
MEXC XPD_USDT
Binance XPDUSDT
BloFin XPD-USDT
HTX XPD-USDT
Aster XPDUSDT
GRVT XPD_USDT_Perp