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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.7% APRnext payment $1.22 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against BloFin−0.074%78s7-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 5 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 −$7 a day on $10k at the current rate, and Gate is 0.074% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XPD-USDT1,299.60.0244pay 0.0122% / 4h1h 53m$30K$20K100x
ShortGate XPD_USDT1,298.70get 0.0000% / 4h1h 53m$2.0M$472K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
−$51.21
Price spread: −0.074% → 0.000%
−$7.39
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$85.59
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 4 min ago. 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 BloFin no order-book sample
Sell Gate live order book, 4 min ago0.96 bp23.1 bp −$23125.3 bp −$1,253doesn't fitdoesn't fit
BloFin: 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
Gate XPD_USDTshort0.0000%4h1,298.7−0.074%$2.0M$472K100x
SunX XPD-USDT0.0000%4h1,297.4−0.175%$1.8M10xas long as short
HTX XPD-USDT0.0000%4h1,298.9−0.056%$9K$34K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,297.3−0.182%as long as short
Lighter XPD+0.0032%1h1,299−0.048%$400K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.552%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,297−0.202%$2.7M$471K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,297.9−0.131%$169K$7K75xas long as short
Variational Omni XPD+0.0168%4h1,299.6−0.001%$536K$24Kas long as short
BloFin XPD-USDTlong+0.0244%4h1,299.6long leg$30K$20K100x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XPDUSDT+0.0263%4h1,298.8−0.063%$3.7M$4.8M100xas long as short
MEXC XPD_USDT+0.0268%4h1,298.9−0.054%$13.1M$268K100xas long as short
edgeX XPDUSDC+0.0297%4h1,299.7+0.005%$37K$205K10xas long as short
OKX XPD-USDT-SWAP+0.0337%8h1,299.1−0.041%$321K$479K50xas long as short
Bitget XPDUSDT+0.0506%4h1,298.5−0.089%$5.0M$245K100xas long as short
Aster XPDUSDT+0.0520%4h1,298.2−0.111%$26K$5K20xas long as short
GRVT XPD_USDT_Perp+0.0796%4h1,299.4−0.019%$338K$704K25xas long as short