Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0010%/8hnext payment −$0.05 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against edgeX−0.048%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on BloFin

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.048% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XPDUSDC	1,315.2	0.0017	pay 0.0008% / 4h	23m 41s	$38K	$204K	10x
Short	BloFin XPD-USDT	1,314.6	0.0006	get 0.0003% / 4h	23m 41s	$30K	$18K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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 edgeXbpFee BloFinbpOrdersPrice spread, now −0.048%Rate

Funding earned: −$2.18
Price spread: −0.048% → 0.000%: −$4.84
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$28.02
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 7 min ago; BloFin: 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 edgeX live order book, 7 min ago	7.65 bp	13.1 bp −$13	134.0 bp −$1,340	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

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
Aster XPDUSDT	0.0000%	4h	1,315.5	+0.020%	$27K	$12K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,315.7	+0.040%	$3.8M	$4.2M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,315.4	+0.015%	$321K	$514K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,315.1	−0.008%	$1.9M	$420K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,314.5	−0.054%	$13.2M	$338K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,314.6	−0.043%	$543K	$25K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,312.7	−0.193%	—	$2.0M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,315.2	+0.003%	$10K	$34K	20x	as long as short
Bitget XPDUSDT	+0.0006%	4h	1,313.9	−0.096%	$5.0M	$233K	100x	as long as short
BloFin XPD-USDTshort	+0.0006%	4h	1,314.6	−0.048%	$30K	$18K	100x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,312.7	−0.191%	—	—	—	as long as short
edgeX XPDUSDClong	+0.0017%	4h	1,315.2	long leg	$38K	$204K	10x
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.338%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,313.4	−0.137%	$2.7M	$483K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,314.6	−0.048%	$172K	$4K	75x	as long as short
Lighter XPD	+0.0176%	1h	1,316.5	+0.099%	$401K	$142K	20x	as long as short
GRVT XPD_USDT_Perp	+0.0282%	4h	1,314	−0.093%	$338K	$1.1M	25x	as long as short