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−0.0100%/8h= −10.9% APRnext payment $0.50 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin+0.042%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1841.841% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.138%−$14 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.042%, 7d avg +0.034%
Together, before fees−0.071%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XPDUSDTM1,2960.0100pay 0.0050% / 4h46m 27s$168K$7K75x
ShortGate XPD_USDT1,296.50get 0.0000% / 4h46m 27s$2.0M$464K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
−$21
Price spread: +0.042% → +0.034%
$0.81
Slippage, 4 orders
−$157.07
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$204.26
Costs to cover
1.841%
Break-even
never at this rate
Slippage from KuCoin: live order book, 54 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 54 min ago25.15 bp75.3 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago0.66 bp25.1 bp −$25131.8 bp −$1,318doesn't fitdoesn't fit

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−0.0013%4h1,295−0.079%$30K$20K100xas long as short
edgeX XPDUSDC−0.0001%4h1,295.1−0.066%$37K$205K10xas long as short
Binance XPDUSDT0.0000%4h1,296.4+0.032%$3.7M$4.8M100xas long as short
Gate XPD_USDTshort0.0000%4h1,296.5+0.042%$2.0M$464K100x
MEXC XPD_USDT0.0000%4h1,295.2−0.064%$13.0M$266K100xas long as short
Variational Omni XPD0.0000%4h1,295−0.073%$534K$24Kas long as short
SunX XPD-USDT0.0000%4h1,293.5−0.189%$1.7M10xas long as short
HTX XPD-USDT0.0000%4h1,295.7−0.022%$10K$35K20xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,293.6−0.186%as long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.840%$16K$20K52xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:PALLADIUM+0.0050%1h1,293.9−0.161%$2.7M$424K20xas long as short
Lighter XPD+0.0072%1h1,296+0.001%$399K$160K20xas long as short
KuCoin XPDUSDTMlong+0.0100%4h1,296long leg$168K$7K75x
OKX XPD-USDT-SWAP+0.0245%8h1,296+0.001%$322K$477K50xas long as short
Aster XPDUSDT+0.0258%4h1,296.4+0.033%$27K$6K20xas long as short
Bitget XPDUSDT+0.0424%4h1,295.4−0.044%$5.0M$249K100xas long as short
GRVT XPD_USDT_Perp+0.0690%4h1,294.6−0.110%$336K$681K25xas long as short