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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XPDUSDTM | 1,296 | 0.0100 | pay 0.0050% / 4h | 46m 27s | $168K | $7K | 75x |
| Short | Gate XPD_USDT | 1,296.5 | 0 | get 0.0000% / 4h | 46m 27s | $2.0M | $464K | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 54 min ago | 25.15 bp | 75.3 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 0.66 bp | 25.1 bp −$25 | 131.8 bp −$1,318 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0013% | 4h | 1,295 | −0.079% | $30K | $20K | 100x | as long as short |
| edgeX XPDUSDC | −0.0001% | 4h | 1,295.1 | −0.066% | $37K | $205K | 10x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,296.4 | +0.032% | $3.7M | $4.8M | 100x | as long as short |
| Gate XPD_USDTshort | 0.0000% | 4h | 1,296.5 | +0.042% | $2.0M | $464K | 100x | |
| MEXC XPD_USDT | 0.0000% | 4h | 1,295.2 | −0.064% | $13.0M | $266K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,295 | −0.073% | $534K | $24K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,293.5 | −0.189% | — | $1.7M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,295.7 | −0.022% | $10K | $35K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,293.6 | −0.186% | — | — | — | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.840% | $16K | $20K | 52x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,293.9 | −0.161% | $2.7M | $424K | 20x | as long as short |
| Lighter XPD | +0.0072% | 1h | 1,296 | +0.001% | $399K | $160K | 20x | as long as short |
| KuCoin XPDUSDTMlong | +0.0100% | 4h | 1,296 | long leg | $168K | $7K | 75x | |
| OKX XPD-USDT-SWAP | +0.0245% | 8h | 1,296 | +0.001% | $322K | $477K | 50x | as long as short |
| Aster XPDUSDT | +0.0258% | 4h | 1,296.4 | +0.033% | $27K | $6K | 20x | as long as short |
| Bitget XPDUSDT | +0.0424% | 4h | 1,295.4 | −0.044% | $5.0M | $249K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0690% | 4h | 1,294.6 | −0.110% | $336K | $681K | 25x | as long as short |
KuCoin XPDUSDTM
Gate XPD_USDT
BloFin XPD-USDT
edgeX XPDUSDC
Binance XPDUSDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Lighter XPD
OKX XPD-USDT-SWAP
Aster XPDUSDT
Bitget XPDUSDT
GRVT XPD_USDT_Perp