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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against Gate+0.005%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$760.760% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 2 days (all we have)−0.004%$0 · spread now +0.005%, 7d avg −0.003%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XPD_USDT1,316.50get 0.0000% / 4h1h 03m$2.0M$414K100x
ShortBinance XPDUSDT1,316.50get 0.0000% / 4h1h 03m$3.8M$4.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$0
Price spread: +0.005% → −0.003%
$0.73
Slippage, 4 orders
−$50.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$75.25
Costs to cover
0.760%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago8.28 bp31.5 bp −$31136.5 bp −$1,365doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.42 bp9.3 bp −$927.4 bp −$274129.1 bp −$12.9Kdoesn't fit

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
tradeXYZ xyz:PALLADIUM−0.0032%1h1,313.7−0.209%$2.7M$523K20xas long as short
Binance XPDUSDTshort0.0000%4h1,316.5+0.005%$3.8M$4.3M100x
Gate XPD_USDTlong0.0000%4h1,316.5long leg$2.0M$414K100x
MEXC XPD_USDT0.0000%4h1,316.6+0.011%$13.2M$340K100xas long as short
Variational Omni XPD0.0000%4h1,316.2−0.016%$541K$12Kas long as short
SunX XPD-USDT0.0000%4h1,315.8−0.053%$1.9M10xas long as short
HTX XPD-USDT0.0000%4h1,316.4−0.006%$10K$33K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,313.8−0.200%as long as short
edgeX XPDUSDC+0.0009%4h1,316.1−0.028%$38K$206K10xas long as short
BloFin XPD-USDT+0.0028%4h1,316.3−0.014%$30K$19K100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPD+0.0032%1h1,317.3+0.065%$403K$152K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+1.242%$16K$20K52xas long as short
KuCoin XPDUSDTM+0.0100%4h1,315.6−0.065%$171K$4K75xas long as short
Bitget XPDUSDT+0.0108%4h1,315.5−0.073%$5.0M$219K100xas long as short
Aster XPDUSDT+0.0137%4h1,316.1−0.024%$27K$12K20xas long as short
OKX XPD-USDT-SWAP+0.0151%8h1,316.2−0.019%$321K$485K50xas long as short
GRVT XPD_USDT_Perp+0.0458%4h1,316.2−0.018%$338K$1.0M25xas long as short