Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h +0.032%

Price spread now: Aster against OKX+0.069%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.069% dearer against OKX than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPD-USDT-SWAP	1,315.1	0.0161	pay 0.0161% / 8h	44m 20s	$321K	$486K	50x
Short	Aster XPDUSDT	1,316	0.0130	get 0.0065% / 4h	44m 20s	$27K	$12K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee AsterbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$6.54
Price spread: +0.069% → 0.000%: $6.86
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$17.68
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 31 min ago; Aster: no order-book sample. 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 OKX live order book, 31 min ago	0.38 bp	17.0 bp −$17	81.9 bp −$819	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
tradeXYZ xyz:PALLADIUM	−0.0009%	1h	1,313.9	−0.091%	$2.7M	$524K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,316.4	+0.100%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,316.3	+0.089%	$2.0M	$410K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,315.8	+0.052%	$13.2M	$337K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,316.5	+0.105%	$541K	$12K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,315.2	+0.005%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,316.3	+0.090%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,313.3	−0.138%	—	—	—	as long as short
edgeX XPDUSDC	+0.0020%	4h	1,316.4	+0.101%	$38K	$206K	10x	as long as short
BloFin XPD-USDT	+0.0020%	4h	1,316.1	+0.072%	$30K	$19K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPD	+0.0032%	1h	1,316.7	+0.122%	$404K	$153K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.346%	$16K	$20K	52x	as long as short
Bitget XPDUSDT	+0.0074%	4h	1,315.8	+0.052%	$5.0M	$219K	100x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,315	−0.011%	$171K	$4K	75x	as long as short
Aster XPDUSDTshort	+0.0130%	4h	1,316	+0.069%	$27K	$12K	20x
OKX XPD-USDT-SWAPlong	+0.0161%	8h	1,315.1	long leg	$321K	$486K	50x
GRVT XPD_USDT_Perp	+0.0458%	4h	1,316.3	+0.090%	$338K	$1.0M	25x	as long as short