Funding you earn now, next payment 03:00 UTC−0.0065%/8h= −7.2% APRpaid last 24h −0.008%
Price spread now: tradeXYZ against Gate−0.135%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$790.790% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now −0.135%, 7d avg −0.171%
=Together, before fees+0.149%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.035% dearer against Gate than usual: you sell high and buy low (spread −0.135% now, against its 7-day average of −0.171%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours. Mind the row above: over the last 7 days funding on this pair paid +0.143%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XPD_USDT | 1,308.3 | 0 | get 0.0000% / 4h | 1h 25m | $2.0M | $456K | 100x |
| Short | tradeXYZ xyz:PALLADIUM | 1,306.5 | −0.0065 | pay 0.0008% / 1h | 25m 31s | $2.7M | $493K | 20x |
Gate XPD_USDT
tradeXYZ xyz:PALLADIUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$13.75
- Price spread: −0.135% → −0.171%
- $3.53
- Slippage, 4 orders
- −$46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$89.23
- Costs to cover
- 0.790%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; tradeXYZ: live order book, 1 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, 2 min ago | 0.88 bp | 24.7 bp −$25 | 128.5 bp −$1,285 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 1 min ago | 1.91 bp | 14.2 bp −$14 | 33.1 bp −$331 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUMshort | −0.0065% | 1h | 1,306.5 | −0.135% | $2.7M | $493K | 20x | |
| BloFin XPD-USDT | −0.0033% | 4h | 1,307.6 | −0.053% | $30K | $20K | 100x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,308.3 | +0.003% | $27K | $5K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,308.4 | +0.011% | $3.7M | $4.5M | 100x | as long as short |
| OKX XPD-USDT-SWAP | 0.0000% | 8h | 1,307.4 | −0.067% | $324K | $475K | 50x | as long as short |
| Gate XPD_USDTlong | 0.0000% | 4h | 1,308.3 | long leg | $2.0M | $456K | 100x | |
| MEXC XPD_USDT | 0.0000% | 4h | 1,307.8 | −0.034% | $13.2M | $269K | 100x | as long as short |
| Bitget XPDUSDT | 0.0000% | 4h | 1,307.5 | −0.060% | $5.0M | $218K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,308.1 | −0.009% | $540K | $16K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,308 | −0.023% | — | $1.8M | 10x | as long as short |
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
OKX XPD-USDT-SWAP
MEXC XPD_USDT
Bitget XPDUSDT
Variational Omni XPD
SunX XPD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XPD-USDT | 0.0000% | 4h | 1,307.9 | −0.025% | $9K | $33K | 20x | as long as short |
| edgeX XPDUSDC | +0.0001% | 4h | 1,307.5 | −0.057% | $38K | $205K | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,306.6 | −0.129% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,308.5 | +0.018% | $403K | $155K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.875% | $16K | $20K | 52x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,307.1 | −0.088% | $170K | $5K | 75x | as long as short |
| GRVT XPD_USDT_Perp | +0.0138% | 4h | 1,307.8 | −0.034% | $339K | $751K | 25x | as long as short |
HTX XPD-USDT
edgeX XPDUSDC
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
KuCoin XPDUSDTM
GRVT XPD_USDT_Perp