Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.015%
Price spread now: OKX against KuCoin+0.012%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2122.120% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.012%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, 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 | 1,300.8 | 0.0100 | pay 0.0050% / 4h | 34m 35s | $169K | $5K | 75x |
| Short | OKX XPD-USDT-SWAP | 1,301 | 0 | get 0.0000% / 8h | 4h 34m | $323K | $468K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.012% → +0.009%
- $0.28
- Slippage, 4 orders
- −$190.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$232.75
- Costs to cover
- 2.120%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 40 min ago; OKX: live order book, 21 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, 40 min ago | 21.13 bp | 68.4 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 21 min ago | 0.77 bp | 15.2 bp −$15 | 74.8 bp −$748 | 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 | −0.0014% | 4h | 1,301.2 | +0.027% | $30K | $20K | 100x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,300.3 | −0.041% | $27K | $5K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,301.3 | +0.036% | $3.8M | $4.6M | 100x | as long as short |
| OKX XPD-USDT-SWAPshort | 0.0000% | 8h | 1,301 | +0.012% | $323K | $468K | 50x | |
| Gate XPD_USDT | 0.0000% | 4h | 1,301.3 | +0.037% | $2.0M | $457K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,301.1 | +0.023% | $13.1M | $268K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,301.6 | +0.059% | $537K | $24K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,298.4 | −0.185% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,301 | +0.012% | $9K | $34K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,299.1 | −0.132% | — | — | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | +0.0015% | 4h | 1,301.7 | +0.067% | $37K | $206K | 10x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,301.6 | +0.058% | $401K | $155K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.457% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,299.1 | −0.134% | $2.7M | $509K | 20x | as long as short |
| Bitget XPDUSDT | +0.0068% | 4h | 1,300.8 | −0.005% | $5.0M | $240K | 100x | as long as short |
| KuCoin XPDUSDTMlong | +0.0100% | 4h | 1,300.8 | long leg | $169K | $5K | 75x | |
| GRVT XPD_USDT_Perp | +0.0386% | 4h | 1,301.6 | +0.057% | $337K | $726K | 25x | as long as short |
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
edgeX XPDUSDC
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
Bitget XPDUSDT
GRVT XPD_USDT_Perp