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

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0300%/8h= −32.8% APRnext payment $1.50 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against MEXC−0.112%7-day average −0.019% · 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 7 days−0.088%−$9 on $10k
Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.112%, 7d avg −0.019%
Together, before fees+0.017%+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.093% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.088% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XPD_USDT1,298.70.0300pay 0.0150% / 4h3h 03m$13.1M$271K100x
ShortSunX XPD-USDT1,297.30get 0.0000% / 4h3h 03m$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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
−$63
Price spread: −0.112% → −0.019%
−$9.34
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$80.34
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; SunX: live order book, 12 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 MEXC live order book, 4 min ago10.17 bp10.2 bp −$1011.1 bp −$11198.9 bp −$9,888306.7 bp −$153.3K
Sell SunX live order book, 12 min ago900.03 bpdoesn't fitdoesn't fitdoesn'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
SunX XPD-USDTshort0.0000%4h1,297.3−0.112%$1.8M10x
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,297.8−0.071%as long as short
Lighter XPD+0.0032%1h1,300.2+0.113%$401K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.623%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,297.5−0.095%$2.7M$470K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,300+0.095%$169K$6K75xas long as short
Gate XPD_USDT+0.0102%4h1,299.8+0.084%$2.0M$477K100xas long as short
Variational Omni XPD+0.0171%4h1,299.5+0.058%$536K$24Kas long as short
edgeX XPDUSDC+0.0269%4h1,299.5+0.059%$37K$205K10xas long as short
OKX XPD-USDT-SWAP+0.0273%8h1,299.3+0.044%$321K$471K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XPD_USDTlong+0.0300%4h1,298.7long leg$13.1M$271K100x
Binance XPDUSDT+0.0308%4h1,299.7+0.078%$3.8M$4.7M100xas long as short
BloFin XPD-USDT+0.0345%4h1,299.7+0.075%$30K$20K100xas long as short
Bitget XPDUSDT+0.0478%4h1,299.1+0.028%$5.0M$241K100xas long as short
HTX XPD-USDT+0.0490%4h1,300+0.094%$10K$34K20xas long as short
Aster XPDUSDT+0.0523%4h1,298.7+0.001%$26K$5K20xas long as short
GRVT XPD_USDT_Perp+0.1288%4h1,299.2+0.039%$338K$715K25xas long as short