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

XPD

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0395%/8h= +43.2% APRpaid last 24h +0.007%
Price spread now: Bitget against Injective−2.920%111s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bitget is 2.920% cheaper against Injective than usual: you would sell low and buy high (spread −2.920% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$292 on $10k: about 25 days of funding at the current rate (+$12 a day). The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XPD/USDC PERP1,332.80.0033pay 0.0004% / 1h17m 32s$16K$20K52x
ShortBitget XPDUSDT1,293.90.0428get 0.0214% / 4h17m 32s$5.0M$252K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Injective. 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
$82.88
Price spread: −2.920% → 0.000%
−$292.02
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$221.16
Costs to cover
0.120%
Break-even
25.7 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Bitget live order book, 6 min ago5.42 bp18.5 bp −$1945.6 bp −$456doesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XPD-USDT−0.0052%4h1,293.7−2.931%$31K$21K100xas long as short
Binance XPDUSDT0.0000%4h1,294.1−2.905%$3.7M$5.0M100xas long as short
Gate XPD_USDT0.0000%4h1,294.7−2.856%$2.0M$480K100xas long as short
MEXC XPD_USDT0.0000%4h1,294.1−2.907%$13.0M$276K100xas long as short
Variational Omni XPD0.0000%4h1,293.3−2.963%$531K$26Kas long as short
SunX XPD-USDT0.0000%4h1,292.1−3.054%$1.7M10xas long as short
HTX XPD-USDT0.0000%4h1,293.4−2.958%$10K$35K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,292.5−3.021%as long as short
edgeX XPDUSDC+0.0013%4h1,294.3−2.891%$37K$206K10xas long as short
Lighter XPD+0.0032%1h1,294.3−2.889%$398K$161K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XPD/USDC PERPlong+0.0033%1h1,332.8long leg$16K$20K52x
tradeXYZ xyz:PALLADIUM+0.0050%1h1,291.7−3.084%$2.6M$527K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,293.5−2.948%$168K$7K75xas long as short
Aster XPDUSDT+0.0209%4h1,293.4−2.953%$27K$6K20xas long as short
OKX XPD-USDT-SWAP+0.0217%8h1,294.4−2.881%$324K$486K50xas long as short
Bitget XPDUSDTshort+0.0428%4h1,293.9−2.920%$5.0M$252K100x
GRVT XPD_USDT_Perp+0.0730%4h1,293.8−2.923%$335K$672K25xas long as short