Funding you earn now, next payment 05:00 UTC+0.0243%/8h= +26.6% APRpaid last 24h −0.002%
Price spread now: Binance against gTrade (Gains Network)+0.191%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.191% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XPD/USD | 1,297.9 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 14m 52s | — | — | — |
| Short | Binance XPDUSDT | 1,300.4 | 0.0250 | get 0.0125% / 4h | 3h 14m | $3.8M | $4.7M | 100x |
gTrade (Gains Network) XPD/USD
Binance XPDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against gTrade (Gains Network). 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
- $50.98
- Price spread: +0.191% → 0.000%
- $19.11
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $50.08
- Costs to cover
- 0.200%
- Break-even
- 0.1 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 7 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 1.65 bp | 14.9 bp −$15 | 33.5 bp −$335 | 150.4 bp −$15.0K | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,297.7 | −0.015% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USDlong | L +0.0008% / S −0.0007% | 1h | 1,297.9 | long leg | — | — | — | |
| Lighter XPD | +0.0032% | 1h | 1,300.6 | +0.205% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.686% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,297.7 | −0.018% | $2.7M | $470K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,299.5 | +0.123% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDT | +0.0106% | 4h | 1,300.3 | +0.183% | $2.0M | $476K | 100x | as long as short |
| Variational Omni XPD | +0.0112% | 4h | 1,300.4 | +0.191% | $536K | $24K | — | as long as short |
| OKX XPD-USDT-SWAP | +0.0245% | 8h | 1,300.2 | +0.174% | $321K | $473K | 50x | as long as short |
| MEXC XPD_USDT | +0.0246% | 4h | 1,298.8 | +0.068% | $13.1M | $270K | 100x | as long as short |
SunX XPD-USDT
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Gate XPD_USDT
Variational Omni XPD
OKX XPD-USDT-SWAP
MEXC XPD_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDTshort | +0.0250% | 4h | 1,300.4 | +0.191% | $3.8M | $4.7M | 100x | |
| edgeX XPDUSDC | +0.0251% | 4h | 1,300.1 | +0.166% | $37K | $206K | 10x | as long as short |
| BloFin XPD-USDT | +0.0288% | 4h | 1,300.9 | +0.225% | $30K | $20K | 100x | as long as short |
| Bitget XPDUSDT | +0.0422% | 4h | 1,298.7 | +0.062% | $5.0M | $241K | 100x | as long as short |
| Aster XPDUSDT | +0.0435% | 4h | 1,299 | +0.082% | $26K | $5K | 20x | as long as short |
| HTX XPD-USDT | +0.0464% | 4h | 1,300.2 | +0.175% | $10K | $33K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1258% | 4h | 1,300.2 | +0.173% | $338K | $717K | 25x | as long as short |
edgeX XPDUSDC
BloFin XPD-USDT
Bitget XPDUSDT
Aster XPDUSDT
HTX XPD-USDT
GRVT XPD_USDT_Perp