XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.029%

Price spread now: KuCoin against edgeX−0.322%68s7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$198as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2072.069% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.322%, 7d avg −0.012%

Together, before fees+0.371%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.310% cheaper against edgeX than usual: you would sell low and buy high (spread −0.322% now, against its 7-day average of −0.012%). If the spread goes back, that is −$31 on $10k: about 12 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.089% in total) that is about 24 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XPDUSDC	1,310.1	0.0012	pay 0.0006% / 4h	1h 50m	$38K	$205K	10x
Short	KuCoin XPDUSDTM	1,305.9	0.0100	get 0.0050% / 4h	1h 50m	$170K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.322%Rate

Funding earned: $18.46
Price spread: −0.322% → −0.012%: −$30.96
Slippage, 4 orders: −$185.88
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$219.37
Costs to cover: 2.069%
Break-even: 90.2 days

Slippage from edgeX: live order book, 11 min ago; KuCoin: live order book, 39 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, 11 min ago	1.18 bp	6.8 bp −$7	135.3 bp −$1,353	doesn't fit	doesn't fit
Sell KuCoin live order book, 39 min ago	18.15 bp	98.3 bp −$98	492.1 bp −$4,921	doesn't fit	doesn't fit

XPD on 16 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
tradeXYZ xyz:PALLADIUM	−0.0143%	1h	1,305.1	−0.380%	$2.7M	$518K	20x	as long as short
Aster XPDUSDT	0.0000%	4h	1,306.1	−0.303%	$27K	$5K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,306.7	−0.255%	$3.7M	$4.5M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,306.4	−0.285%	$2.0M	$449K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,306.6	−0.266%	$13.2M	$264K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,306.4	−0.279%	$539K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,306.2	−0.296%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,306.3	−0.288%	$9K	$33K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0002%	8h	1,306.4	−0.281%	$315K	$469K	50x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,305.2	−0.373%	—	—	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XPDUSDT	+0.0012%	4h	1,305.7	−0.331%	$5.0M	$218K	100x	as long as short
edgeX XPDUSDClong	+0.0012%	4h	1,310.1	long leg	$38K	$205K	10x
Lighter XPD	+0.0032%	1h	1,305.9	−0.319%	$403K	$155K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.734%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTMshort	+0.0100%	4h	1,305.9	−0.322%	$170K	$5K	75x
GRVT XPD_USDT_Perp	+0.0216%	4h	1,309.6	−0.036%	$339K	$777K	25x	as long as short