Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

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 +0.003%

Price spread now: HTX against Gate−0.012%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPD_USDT	1,315.5	0	get 0.0000% / 4h	35m 50s	$2.0M	$410K	100x
Short	HTX XPD-USDT	1,315.3	0	get 0.0000% / 4h	35m 50s	$10K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee GatebpFee HTXbpOrdersPrice spread, now −0.012%Rate

Funding earned: $0
Price spread: −0.012% → 0.000%: −$1.22
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$28.22
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 2 min ago; HTX: 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 Gate live order book, 2 min ago	0.30 bp	25.6 bp −$26	135.7 bp −$1,357	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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	−0.0047%	4h	1,316.8	+0.100%	$30K	$19K	100x	as long as short
edgeX XPDUSDC	−0.0016%	4h	1,315.9	+0.032%	$38K	$205K	10x	as long as short
Binance XPDUSDT	0.0000%	4h	1,315.9	+0.029%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDTlong	0.0000%	4h	1,315.5	long leg	$2.0M	$410K	100x
MEXC XPD_USDT	0.0000%	4h	1,315.3	−0.017%	$13.2M	$338K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,315.7	+0.013%	$541K	$12K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,314.3	−0.093%	—	$1.9M	10x	as long as short
HTX XPD-USDTshort	0.0000%	4h	1,315.3	−0.012%	$10K	$33K	20x
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,312.4	−0.238%	—	—	—	as long as short
tradeXYZ xyz:PALLADIUM	+0.0020%	1h	1,313.5	−0.152%	$2.7M	$524K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPD	+0.0032%	1h	1,316.3	+0.061%	$404K	$153K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.315%	$16K	$20K	52x	as long as short
Bitget XPDUSDT	+0.0060%	4h	1,315.2	−0.025%	$5.0M	$219K	100x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,314.6	−0.067%	$171K	$4K	75x	as long as short
Aster XPDUSDT	+0.0108%	4h	1,314.6	−0.067%	$27K	$12K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0164%	8h	1,315.3	−0.015%	$321K	$486K	50x	as long as short
GRVT XPD_USDT_Perp	+0.0462%	4h	1,316	+0.040%	$338K	$955K	25x	as long as short