Funding you earn now, next payment 12:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.032%
Price spread now: OKX against edgeX−0.208%51s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as 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−$490.485% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.255%+$26 · spread now −0.208%, 7d avg −0.005%
=Together, before fees+0.368%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.204% cheaper against edgeX than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of −0.005%). If the spread goes back, that is −$20 on $10k: about 30 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.113% in total) that is about 13 days. The two prices were read 51 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 | 1,301.1 | −0.0008 | get 0.0004% / 4h | 2h 56m | $37K | $205K | 10x |
| Short | OKX XPD-USDT-SWAP | 1,298.4 | 0.0015 | get 0.0015% / 8h | 6h 56m | $336K | $548K | 50x |
edgeX XPDUSDC
OKX XPD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $4.83
- Price spread: −0.208% → −0.005%
- −$20.35
- Slippage, 4 orders
- −$29.53
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.05
- Costs to cover
- 0.485%
- Break-even
- 99.9 days
Slippage from edgeX: live order book, 35 min ago; OKX: live order book, 34 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, 35 min ago | 1.32 bp | 7.1 bp −$7 | 128.8 bp −$1,288 | doesn't fit | doesn't fit |
| Sell OKX live order book, 34 min ago | 0.39 bp | 16.0 bp −$16 | 46.3 bp −$463 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUM | −0.0243% | 1h | 1,296 | −0.393% | $2.6M | $574K | 20x | as long as short |
| BloFin XPD-USDT | −0.0028% | 4h | 1,298.8 | −0.177% | $32K | $22K | 100x | as long as short |
| edgeX XPDUSDClong | −0.0008% | 4h | 1,301.1 | long leg | $37K | $205K | 10x | |
| Aster XPDUSDT | 0.0000% | 4h | 1,298.7 | −0.189% | $27K | $7K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,298.5 | −0.198% | $3.6M | $5.2M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,298.2 | −0.228% | $2.0M | $479K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,298.5 | −0.205% | $12.9M | $370K | 100x | as long as short |
| Bitget XPDUSDT | 0.0000% | 4h | 1,298.2 | −0.225% | $5.0M | $303K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,300.2 | −0.069% | $529K | $32K | — | as long as short |
| GRVT XPD_USDT_Perp | 0.0000% | 4h | 1,299.5 | −0.126% | $338K | $631K | 25x | as long as short |
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Bitget XPDUSDT
Variational Omni XPD
GRVT XPD_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,297.8 | −0.255% | — | $1.6M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,298.3 | −0.214% | $10K | $35K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,298.8 | −0.175% | — | — | — | as long as short |
| OKX XPD-USDT-SWAPshort | +0.0015% | 8h | 1,298.4 | −0.208% | $336K | $548K | 50x | |
| Lighter XPD | +0.0032% | 1h | 1,298.1 | −0.232% | $400K | $159K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.435% | $16K | $20K | 52x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,297.2 | −0.299% | $169K | $7K | 75x | as long as short |
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM