Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.013%
Price spread now: edgeX against Gate+0.004%67s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$830.834% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.004%, 7d avg −0.017%
=Together, before fees−0.054%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.021% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.017%. The two prices were read 67 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 | Gate XPD_USDT | 1,313.6 | 0 | get 0.0000% / 4h | 3h 30m | $1.9M | $430K | 100x |
| Short | edgeX XPDUSDC | 1,313.7 | 0.0035 | get 0.0017% / 4h | 3h 30m | $38K | $206K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $7.31
- Price spread: +0.004% → −0.017%
- $2.06
- Slippage, 4 orders
- −$59.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$74.06
- Costs to cover
- 0.834%
- Break-even
- 77.9 days
Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 17 min ago.
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 Gate live order book, 3 min ago | 0.42 bp | 29.8 bp −$30 | 141.8 bp −$1,418 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 17 min ago | 8.35 bp | 14.3 bp −$14 | 133.5 bp −$1,335 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDTlong | 0.0000% | 4h | 1,313.6 | long leg | $1.9M | $430K | 100x | |
| Variational Omni XPD | 0.0000% | 4h | 1,313.8 | +0.013% | $543K | $25K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,311 | −0.203% | — | $2.0M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,313.5 | −0.008% | $10K | $34K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,310.6 | −0.229% | — | — | — | as long as short |
| MEXC XPD_USDT | +0.0020% | 4h | 1,312.8 | −0.068% | $13.2M | $337K | 100x | as long as short |
| Binance XPDUSDT | +0.0024% | 4h | 1,313.9 | +0.022% | $3.7M | $4.3M | 100x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,314.1 | +0.035% | $400K | $147K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.459% | $16K | $20K | 52x | as long as short |
| edgeX XPDUSDCshort | +0.0035% | 4h | 1,313.7 | +0.004% | $38K | $206K | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,311.1 | −0.193% | $2.7M | $554K | 20x | as long as short |
| BloFin XPD-USDT | +0.0052% | 4h | 1,314.1 | +0.036% | $30K | $19K | 100x | as long as short |
| OKX XPD-USDT-SWAP | +0.0057% | 8h | 1,313.5 | −0.011% | $322K | $519K | 50x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,312.9 | −0.056% | $171K | $4K | 75x | as long as short |
| Aster XPDUSDT | +0.0172% | 4h | 1,313.5 | −0.012% | $27K | $12K | 20x | as long as short |
| Bitget XPDUSDT | +0.0262% | 4h | 1,312.4 | −0.098% | $5.0M | $234K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0820% | 4h | 1,313.1 | −0.040% | $337K | $1.1M | 25x | as long as short |
Gate XPD_USDT
edgeX XPDUSDC
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
MEXC XPD_USDT
Binance XPDUSDT
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
OKX XPD-USDT-SWAP
KuCoin XPDUSDTM
Aster XPDUSDT
Bitget XPDUSDT
GRVT XPD_USDT_Perp