XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Gate−0.157%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$720.723% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 7 days+0.061%+$6 · spread now −0.157%, 7d avg −0.041%

Together, before fees+0.076%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.115% cheaper against Gate than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of −0.041%). If the spread goes back, that is −$12 on $10k: about 3.1 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.015% in total) that is about 52 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XPD_USDT	1,300.6	0.0118	pay 0.0059% / 4h	3h 16m	$2.0M	$476K	100x
Short	MEXC XPD_USDT	1,298.6	0.0242	get 0.0121% / 4h	3h 16m	$13.1M	$270K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.157%Rate

Funding earned: $26.04
Price spread: −0.157% → −0.041%: −$11.54
Slippage, 4 orders: −$57.27
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$57.77
Costs to cover: 0.723%
Break-even: 22.5 days

Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago	0.69 bp	27.4 bp −$27	136.0 bp −$1,360	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	10.05 bp	10.3 bp −$10	11.3 bp −$113	81.7 bp −$8,167	286.9 bp −$143.5K

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	1,297.8	−0.216%	—	$1.8M	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,298.3	−0.175%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,300.8	+0.016%	$401K	$160K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.477%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,297.8	−0.215%	$2.7M	$470K	20x	as long as short
Variational Omni XPD	+0.0095%	4h	1,300.4	−0.015%	$536K	$24K	—	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,299.8	−0.064%	$169K	$6K	75x	as long as short
Gate XPD_USDTlong	+0.0118%	4h	1,300.6	long leg	$2.0M	$476K	100x
edgeX XPDUSDC	+0.0232%	4h	1,300.4	−0.017%	$37K	$206K	10x	as long as short
OKX XPD-USDT-SWAP	+0.0241%	8h	1,300.5	−0.007%	$321K	$473K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XPD_USDTshort	+0.0242%	4h	1,298.6	−0.157%	$13.1M	$270K	100x
Binance XPDUSDT	+0.0246%	4h	1,300.6	+0.004%	$3.8M	$4.7M	100x	as long as short
BloFin XPD-USDT	+0.0270%	4h	1,300.2	−0.032%	$30K	$20K	100x	as long as short
Bitget XPDUSDT	+0.0416%	4h	1,298.7	−0.142%	$5.0M	$241K	100x	as long as short
Aster XPDUSDT	+0.0429%	4h	1,299.2	−0.106%	$26K	$5K	20x	as long as short
HTX XPD-USDT	+0.0453%	4h	1,300.5	−0.005%	$9K	$34K	20x	as long as short
GRVT XPD_USDT_Perp	+0.1264%	4h	1,300.3	−0.025%	$338K	$717K	25x	as long as short