Funding you earn now, next payment 12:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against edgeX−0.035%68s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as 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−$330.331% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.035%, 7d avg +0.002%
=Together, before fees+0.031%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.036% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.002%. 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 | 1,293 | −0.0009 | get 0.0004% / 4h | 2h 16m | $37K | $206K | 10x |
| Short | MEXC XPD_USDT | 1,292.6 | 0 | get 0.0000% / 4h | 2h 16m | $13.6M | $452K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $1.81
- Price spread: −0.035% → +0.002%
- −$3.62
- Slippage, 4 orders
- −$24.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$34.91
- Costs to cover
- 0.331%
- Break-even
- 142.0 days
Slippage from edgeX: live order book, 33 min ago; MEXC: live order book, 5 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, 33 min ago | 1.39 bp | 7.3 bp −$7 | 129.3 bp −$1,293 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 6.85 bp | 11.9 bp −$12 | 12.9 bp −$129 | 93.4 bp −$9,335 | 284.7 bp −$142.3K |
XPD on 17 exchanges
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 | −0.0120% | 1h | 1,291.1 | −0.147% | $2.6M | $566K | 20x | as long as short |
| edgeX XPDUSDClong | −0.0009% | 4h | 1,293 | long leg | $37K | $206K | 10x | |
| BloFin XPD-USDT | −0.0003% | 4h | 1,292.9 | −0.004% | $33K | $23K | 100x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,293 | −0.002% | $26K | $7K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,292.9 | −0.011% | $3.7M | $5.3M | 100x | as long as short |
| OKX XPD-USDT-SWAP | 0.0000% | 8h | 1,293.3 | +0.023% | $337K | $558K | 50x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,292.5 | −0.037% | $2.0M | $487K | 100x | as long as short |
| MEXC XPD_USDTshort | 0.0000% | 4h | 1,292.6 | −0.035% | $13.6M | $452K | 100x | |
| Bitget XPDUSDT | 0.0000% | 4h | 1,292 | −0.074% | $5.0M | $301K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,293.3 | +0.020% | $525K | $32K | — | as long as short |
Show all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,290.7 | −0.180% | — | $1.6M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,292.8 | −0.018% | $10K | $35K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,291.3 | −0.135% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,291.8 | −0.093% | $397K | $159K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +3.078% | $16K | $20K | 52x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,291.1 | −0.145% | $168K | $7K | 75x | as long as short |
| GRVT XPD_USDT_Perp | +0.0120% | 4h | 1,292.4 | −0.049% | $336K | $622K | 25x | as long as short |
edgeX XPDUSDC
MEXC XPD_USDT
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
OKX XPD-USDT-SWAP
Gate XPD_USDT
Bitget XPDUSDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM
GRVT XPD_USDT_Perp