Funding you earn now, next payment 05:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.008%
Price spread now: Injective against gTrade (Gains Network)+2.680%115s7-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 +$1 a day on $10k at the current rate, and Injective is 2.680% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$268 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 115 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 | gTrade (Gains Network) XPD/USD | 1,298 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 13m 28s | — | — | — |
| Short | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | get 0.0004% / 1h | 13m 28s | $16K | $20K | 52x |
gTrade (Gains Network) XPD/USD
Injective XPD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $5.4
- Price spread: +2.680% → 0.000%
- $268.03
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $263.4
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Injective: 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 | 1,297.5 | −0.041% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USDlong | L +0.0008% / S −0.0007% | 1h | 1,298 | long leg | — | — | — | |
| Lighter XPD | +0.0032% | 1h | 1,300.5 | +0.192% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERPshort | +0.0033% | 1h | 1,332.8 | +2.680% | $16K | $20K | 52x | |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,297.7 | −0.024% | $2.7M | $468K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,299.6 | +0.122% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDT | +0.0108% | 4h | 1,300.2 | +0.169% | $2.0M | $476K | 100x | as long as short |
| Variational Omni XPD | +0.0112% | 4h | 1,300.4 | +0.186% | $536K | $24K | — | as long as short |
| OKX XPD-USDT-SWAP | +0.0244% | 8h | 1,300.2 | +0.169% | $321K | $473K | 50x | as long as short |
| edgeX XPDUSDC | +0.0247% | 4h | 1,300.4 | +0.185% | $37K | $206K | 10x | as long as short |
SunX XPD-USDT
Lighter XPD
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Gate XPD_USDT
Variational Omni XPD
OKX XPD-USDT-SWAP
edgeX XPDUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0254% | 4h | 1,298.8 | +0.057% | $13.1M | $270K | 100x | as long as short |
| Binance XPDUSDT | +0.0256% | 4h | 1,300.5 | +0.188% | $3.8M | $4.7M | 100x | as long as short |
| BloFin XPD-USDT | +0.0288% | 4h | 1,300.9 | +0.220% | $30K | $20K | 100x | as long as short |
| Bitget XPDUSDT | +0.0434% | 4h | 1,298.7 | +0.056% | $5.0M | $241K | 100x | as long as short |
| Aster XPDUSDT | +0.0444% | 4h | 1,299 | +0.075% | $26K | $5K | 20x | as long as short |
| HTX XPD-USDT | +0.0469% | 4h | 1,300.2 | +0.169% | $10K | $33K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1270% | 4h | 1,300 | +0.156% | $338K | $717K | 25x | as long as short |
MEXC XPD_USDT
Binance XPDUSDT
BloFin XPD-USDT
Bitget XPDUSDT
Aster XPDUSDT
HTX XPD-USDT
GRVT XPD_USDT_Perp