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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XPD_USDT | 1,298.7 | 0.0300 | pay 0.0150% / 4h | 3h 03m | $13.1M | $271K | 100x |
| Short | SunX XPD-USDT | 1,297.3 | 0 | get 0.0000% / 4h | 3h 03m | — | $1.8M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 10.17 bp | 10.2 bp −$10 | 11.1 bp −$111 | 98.9 bp −$9,888 | 306.7 bp −$153.3K |
| Sell SunX live order book, 12 min ago | 900.03 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDTshort | 0.0000% | 4h | 1,297.3 | −0.112% | — | $1.8M | 10x | |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,297.8 | −0.071% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,300.2 | +0.113% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.623% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,297.5 | −0.095% | $2.7M | $470K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,300 | +0.095% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDT | +0.0102% | 4h | 1,299.8 | +0.084% | $2.0M | $477K | 100x | as long as short |
| Variational Omni XPD | +0.0171% | 4h | 1,299.5 | +0.058% | $536K | $24K | — | as long as short |
| edgeX XPDUSDC | +0.0269% | 4h | 1,299.5 | +0.059% | $37K | $205K | 10x | as long as short |
| OKX XPD-USDT-SWAP | +0.0273% | 8h | 1,299.3 | +0.044% | $321K | $471K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDTlong | +0.0300% | 4h | 1,298.7 | long leg | $13.1M | $271K | 100x | |
| Binance XPDUSDT | +0.0308% | 4h | 1,299.7 | +0.078% | $3.8M | $4.7M | 100x | as long as short |
| BloFin XPD-USDT | +0.0345% | 4h | 1,299.7 | +0.075% | $30K | $20K | 100x | as long as short |
| Bitget XPDUSDT | +0.0478% | 4h | 1,299.1 | +0.028% | $5.0M | $241K | 100x | as long as short |
| HTX XPD-USDT | +0.0490% | 4h | 1,300 | +0.094% | $10K | $34K | 20x | as long as short |
| Aster XPDUSDT | +0.0523% | 4h | 1,298.7 | +0.001% | $26K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1288% | 4h | 1,299.2 | +0.039% | $338K | $715K | 25x | as long as short |
MEXC XPD_USDT
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Gate XPD_USDT
Variational Omni XPD
edgeX XPDUSDC
OKX XPD-USDT-SWAP
Binance XPDUSDT
BloFin XPD-USDT
Bitget XPDUSDT
HTX XPD-USDT
Aster XPDUSDT
GRVT XPD_USDT_Perp