Funding you earn now, next payment 08:00 UTC−0.0320%/8h= −35.0% APRnext payment −$1.60 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against edgeX+0.104%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.104%, 7d avg +0.016%
=Together, before fees−0.090%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.089% dearer against edgeX than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.016%): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.021% in total) that is about 30 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XPDUSDC | 1,300.4 | 0.0354 | pay 0.0177% / 4h | 2h 06m | $37K | $205K | 10x |
| Short | Gate XPD_USDT | 1,301.8 | 0.0034 | get 0.0017% / 4h | 2h 06m | $2.0M | $484K | 100x |
edgeX XPDUSDC
Gate XPD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$67.17
- Price spread: +0.104% → +0.016%
- $8.89
- Slippage, 4 orders
- −$55.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$138.09
- Costs to cover
- 0.798%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 40 min ago; Gate: live order book, 1 min ago.
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, 40 min ago | 7.53 bp | 13.0 bp −$13 | 136.0 bp −$1,360 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 0.27 bp | 23.2 bp −$23 | 127.8 bp −$1,278 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,300.5 | +0.004% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,299 | −0.112% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,301.6 | +0.091% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.490% | $16K | $20K | 52x | as long as short |
| Gate XPD_USDTshort | +0.0034% | 4h | 1,301.8 | +0.104% | $2.0M | $484K | 100x | |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,299.2 | −0.094% | $2.7M | $470K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,300.1 | −0.029% | $169K | $6K | 75x | as long as short |
| HTX XPD-USDT | +0.0102% | 4h | 1,302.1 | +0.129% | $10K | $34K | 20x | as long as short |
| Variational Omni XPD | +0.0240% | 4h | 1,300.6 | +0.011% | $536K | $24K | — | as long as short |
| BloFin XPD-USDT | +0.0328% | 4h | 1,300.5 | +0.009% | $30K | $20K | 100x | as long as short |
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
HTX XPD-USDT
Variational Omni XPD
BloFin XPD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0333% | 4h | 1,301.7 | +0.100% | $3.8M | $4.8M | 100x | as long as short |
| MEXC XPD_USDT | +0.0338% | 4h | 1,301.3 | +0.067% | $13.1M | $270K | 100x | as long as short |
| edgeX XPDUSDClong | +0.0354% | 4h | 1,300.4 | long leg | $37K | $205K | 10x | |
| OKX XPD-USDT-SWAP | +0.0364% | 8h | 1,301.5 | +0.083% | $320K | $478K | 50x | as long as short |
| Bitget XPDUSDT | +0.0544% | 4h | 1,300.9 | +0.033% | $5.0M | $245K | 100x | as long as short |
| Aster XPDUSDT | +0.0600% | 4h | 1,300.6 | +0.014% | $27K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0966% | 4h | 1,301 | +0.041% | $336K | $711K | 25x | as long as short |
Binance XPDUSDT
MEXC XPD_USDT
OKX XPD-USDT-SWAP
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp