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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0026%/8h= −2.8% APRnext payment $0.03 per $10,000 · paid last 24h −0.008%
Price spread now: gTrade (Gains Network) against Injective−1.849%55s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 1.849% cheaper against Injective than usual: you would sell low and buy high (−$185 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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% / 1h51m 39s$16K$20K52x
ShortgTrade (Gains Network) XPD/USD1,308.2L +0.0008% / S −0.0007%get 0.0001% / 1h51m 39s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$5.45
Price spread: −1.849% → 0.000%
−$184.87
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$200.35
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell gTrade (Gains Network) no order-book sample
Injective and gTrade (Gains Network): 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 16 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
tradeXYZ xyz:PALLADIUM−0.0164%1h1,306.2−1.996%$2.7M$518K20xas long as short
Aster XPDUSDT0.0000%4h1,306.9−1.941%$27K$5K20xas long as short
Binance XPDUSDT0.0000%4h1,306.4−1.982%$3.7M$4.5M100xas long as short
Gate XPD_USDT0.0000%4h1,307.7−1.883%$2.0M$449K100xas long as short
MEXC XPD_USDT0.0000%4h1,307−1.938%$13.2M$264K100xas long as short
Variational Omni XPD0.0000%4h1,309.3−1.761%$541K$16Kas long as short
SunX XPD-USDT0.0000%4h1,308.3−1.840%$1.8M10xas long as short
HTX XPD-USDT0.0000%4h1,307.9−1.866%$9K$33K20xas long as short
OKX XPD-USDT-SWAP+0.0004%8h1,306.9−1.943%$316K$469K50xas long as short
gTrade (Gains Network) XPD/USDshortL +0.0008% / S −0.0007%1h1,308.2−1.849%
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XPDUSDT+0.0014%4h1,306.5−1.976%$5.0M$218K100xas long as short
edgeX XPDUSDC+0.0018%4h1,309.5−1.748%$38K$205K10xas long as short
Lighter XPD+0.0032%1h1,307−1.936%$403K$155K20xas long as short
Injective XPD/USDC PERPlong+0.0033%1h1,332.8long leg$16K$20K52x
KuCoin XPDUSDTM+0.0100%4h1,306.5−1.973%$170K$5K75xas long as short
GRVT XPD_USDT_Perp+0.0258%4h1,309.3−1.763%$339K$777K25xas long as short