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−0.0053%/8h= −5.8% APRnext payment $0.26 per $10,000 · paid last 24h −0.003%
Price spread now: SunX against BloFin−0.221%55s7-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 −$2 a day on $10k at the current rate, and SunX is 0.221% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XPD-USDT1,2990.0053pay 0.0026% / 4h33m 55s$30K$20K100x
ShortSunX XPD-USDT1,296.10get 0.0000% / 4h33m 55s$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$11.06
Price spread: −0.221% → 0.000%
−$22.09
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$53.15
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 12 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 SunX live order book, 12 min ago900.02 bpdoesn't fitdoesn't fitdoesn'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
edgeX XPDUSDC−0.0014%4h1,299+0.002%$37K$205K10xas long as short
Binance XPDUSDT0.0000%4h1,297.4−0.117%$3.7M$4.9M100xas long as short
Gate XPD_USDT0.0000%4h1,298.6−0.031%$2.0M$473K100xas long as short
MEXC XPD_USDT0.0000%4h1,296.9−0.161%$13.1M$270K100xas long as short
Variational Omni XPD0.0000%4h1,298.2−0.059%$535K$24Kas long as short
SunX XPD-USDTshort0.0000%4h1,296.1−0.221%$1.7M10x
HTX XPD-USDT0.0000%4h1,298−0.073%$10K$35K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,295.5−0.263%as long as short
Lighter XPD+0.0032%1h1,298.3−0.050%$400K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.606%$16K$20K52xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:PALLADIUM+0.0050%1h1,295.3−0.281%$2.7M$473K20xas long as short
BloFin XPD-USDTlong+0.0053%4h1,299long leg$30K$20K100x
KuCoin XPDUSDTM+0.0100%4h1,297−0.152%$168K$7K75xas long as short
OKX XPD-USDT-SWAP+0.0236%8h1,298.2−0.058%$322K$482K50xas long as short
Aster XPDUSDT+0.0237%4h1,295.9−0.235%$27K$6K20xas long as short
Bitget XPDUSDT+0.0426%4h1,297.4−0.119%$5.0M$250K100xas long as short
GRVT XPD_USDT_Perp+0.0704%4h1,298.1−0.067%$336K$675K25xas long as short