Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.018%

Price spread now: OKX against BloFin+0.052%7-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 OKX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.052% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XPD-USDT	1,314.6	−0.0049	get 0.0025% / 4h	2h 56m	$30K	$20K	100x
Short	OKX XPD-USDT-SWAP	1,315.3	0.0096	get 0.0096% / 8h	6h 56m	$320K	$465K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.052%Rate

Funding earned: $30.49
Price spread: +0.052% → 0.000%: $5.17
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $13.66
Costs to cover: 0.220%
Break-even: 3.9 days

Slippage unknown: BloFin: no order-book sample; OKX: live order book, 9 min ago. 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 OKX live order book, 9 min ago	1.14 bp	15.1 bp −$15	76.8 bp −$768	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPD-USDTlong	−0.0049%	4h	1,314.6	long leg	$30K	$20K	100x
Binance XPDUSDT	0.0000%	4h	1,316.3	+0.126%	$3.8M	$4.4M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,315.8	+0.089%	$2.0M	$426K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,314.9	+0.024%	$13.2M	$332K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,316.2	+0.118%	$545K	$14K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,312.7	−0.146%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,317.2	+0.195%	$10K	$33K	20x	as long as short
edgeX XPDUSDC	+0.0006%	4h	1,316.2	+0.121%	$38K	$206K	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,312.3	−0.178%	—	—	—	as long as short
Aster XPDUSDT	+0.0015%	4h	1,314.5	−0.011%	$27K	$12K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPD	+0.0032%	1h	1,315.3	+0.052%	$405K	$154K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.383%	$16K	$20K	52x	as long as short
Bitget XPDUSDT	+0.0044%	4h	1,315	+0.026%	$5.0M	$221K	100x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,313.7	−0.070%	$2.7M	$515K	20x	as long as short
OKX XPD-USDT-SWAPshort	+0.0096%	8h	1,315.3	+0.052%	$320K	$465K	50x
KuCoin XPDUSDTM	+0.0100%	4h	1,315.2	+0.043%	$171K	$5K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0506%	4h	1,316.2	+0.117%	$341K	$849K	25x	as long as short