Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: tradeXYZ against gTrade (Gains Network)−0.083%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. tradeXYZ is 0.083% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 6.6 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XPD/USD | 1,294.4 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 30m 38s | — | — | — |
| Short | tradeXYZ xyz:PALLADIUM | 1,293.3 | 0.0050 | get 0.0006% / 1h | 30m 38s | $2.7M | $487K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $8.9
- Price spread: −0.083% → 0.000%
- −$8.34
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$27.45
- Costs to cover
- 0.280%
- Break-even
- 28.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; tradeXYZ: 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 tradeXYZ live order book, 7 min ago | 1.93 bp | 11.6 bp −$12 | 24.9 bp −$249 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0030% | 4h | 1,297.9 | +0.270% | $30K | $20K | 100x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,296.1 | +0.129% | $3.7M | $4.9M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,296.4 | +0.155% | $2.0M | $474K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,295.8 | +0.107% | $13.0M | $270K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,296.9 | +0.196% | $534K | $24K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,294.2 | −0.011% | — | $1.7M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,297.2 | +0.216% | $10K | $35K | 20x | as long as short |
| gTrade (Gains Network) XPD/USDlong | L +0.0008% / S −0.0007% | 1h | 1,294.4 | long leg | — | — | — | |
| edgeX XPDUSDC | +0.0013% | 4h | 1,297.7 | +0.254% | $37K | $206K | 10x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,296 | +0.125% | $399K | $160K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.968% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUMshort | +0.0050% | 1h | 1,293.3 | −0.083% | $2.7M | $487K | 20x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,294.4 | +0.005% | $168K | $7K | 75x | as long as short |
| Aster XPDUSDT | +0.0233% | 4h | 1,294.5 | +0.007% | $27K | $6K | 20x | as long as short |
| OKX XPD-USDT-SWAP | +0.0234% | 8h | 1,295.7 | +0.102% | $322K | $478K | 50x | as long as short |
| Bitget XPDUSDT | +0.0434% | 4h | 1,295.8 | +0.106% | $5.0M | $250K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0720% | 4h | 1,298.6 | +0.324% | $337K | $675K | 25x | as long as short |
gTrade (Gains Network) XPD/USD
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
edgeX XPDUSDC
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM
Aster XPDUSDT
OKX XPD-USDT-SWAP
Bitget XPDUSDT
GRVT XPD_USDT_Perp