Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h 0.000%

Price spread now: gTrade (Gains Network) against BloFin+0.012%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPD-USDT	1,294.9	−0.0042	get 0.0021% / 4h	2h 06m	$32K	$23K	100x
Short	gTrade (Gains Network) XPD/USD	1,295	L +0.0008% / S −0.0007%	get 0.0001% / 1h	6m 08s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. 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 BloFinbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.012%Rate

Funding earned: $10.43
Price spread: +0.012% → 0.000%: $1.24
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$10.33
Costs to cover: 0.220%
Break-even: 13.9 days

Slippage unknown: BloFin: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

BloFin and 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 exchanges

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	−0.0094%	1h	1,295.2	+0.025%	$2.6M	$566K	20x	as long as short
BloFin XPD-USDTlong	−0.0042%	4h	1,294.9	long leg	$32K	$23K	100x
edgeX XPDUSDC	−0.0017%	4h	1,293.2	−0.127%	$37K	$206K	10x	as long as short
Aster XPDUSDT	0.0000%	4h	1,297	+0.161%	$27K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,296.8	+0.148%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,296.9	+0.157%	$339K	$563K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,296.7	+0.143%	$2.0M	$489K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,296.3	+0.107%	$13.6M	$453K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,296.4	+0.120%	$5.0M	$306K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,293	−0.143%	$525K	$32K	—	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX XPD-USDT	0.0000%	4h	1,294.6	−0.024%	—	$1.6M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,294.6	−0.018%	$10K	$35K	20x	as long as short
gTrade (Gains Network) XPD/USDshort	L +0.0008% / S −0.0007%	1h	1,295	+0.012%	—	—	—
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.929%	$16K	$20K	52x	as long as short
Lighter XPD	+0.0048%	1h	1,296.5	+0.126%	$399K	$159K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,295.9	+0.077%	$168K	$7K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0166%	4h	1,292.7	−0.168%	$335K	$626K	25x	as long as short