Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.037%
Price spread now: Bitget against gTrade (Gains Network)+0.119%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.119% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) XPD/USD1,315.8L +0.0008% / S −0.0007%pay 0.0001% / 1h14m 33s
ShortBitget XPDUSDT1,317.30.0040get 0.0020% / 4h14m 33s$5.0M$219K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.8
Price spread: +0.119% → 0.000%
$11.93
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$3.27
Costs to cover
0.220%
Break-even
10.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Bitget live order book, 4 min ago3.49 bp15.1 bp −$1553.7 bp −$537doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XPDUSDT0.0000%4h1,318.1+0.179%$3.8M$4.3M100xas long as short
Gate XPD_USDT0.0000%4h1,318+0.166%$2.0M$416K100xas long as short
MEXC XPD_USDT0.0000%4h1,317.4+0.122%$13.2M$339K100xas long as short
Variational Omni XPD0.0000%4h1,317.7+0.146%$546K$16Kas long as short
SunX XPD-USDT0.0000%4h1,316.2+0.036%$1.9M10xas long as short
HTX XPD-USDT0.0000%4h1,317.5+0.128%$10K$33K20xas long as short
edgeX XPDUSDC+0.0002%4h1,317.7+0.148%$38K$206K10xas long as short
gTrade (Gains Network) XPD/USDlongL +0.0008% / S −0.0007%1h1,315.8long leg
BloFin XPD-USDT+0.0013%4h1,318.2+0.181%$30K$19K100xas long as short
Lighter XPD+0.0032%1h1,318.3+0.192%$404K$153K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XPD/USDC PERP+0.0033%1h1,332.8+1.294%$16K$20K52xas long as short
Bitget XPDUSDTshort+0.0040%4h1,317.3+0.119%$5.0M$219K100x
tradeXYZ xyz:PALLADIUM+0.0050%1h1,316+0.017%$2.7M$523K20xas long as short
Aster XPDUSDT+0.0094%4h1,317.1+0.103%$27K$12K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,317.1+0.103%$171K$4K75xas long as short
OKX XPD-USDT-SWAP+0.0165%8h1,317.2+0.109%$321K$486K50xas long as short
GRVT XPD_USDT_Perp+0.0490%4h1,317.3+0.119%$339K$944K25xas long as short