XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0110%/8h= −12.1% APRpaid last 24h −0.015%

Price spread now: Binance against OKX+0.023%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$610.610% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.023%, 7d avg +0.017%

Together, before fees−0.110%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.017%, 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	OKX XPD-USDT-SWAP	1,294.2	0.0319	pay 0.0319% / 8h	1h 42m	$323K	$480K	50x
Short	Binance XPDUSDT	1,294.5	0.0209	get 0.0104% / 4h	1h 42m	$3.7M	$4.9M	100x

Funding history

latest

Range statsloading…

Binance against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee OKXbpFee BinancebpOrdersPrice spread, now +0.023%Rate

Slippage from OKX: live order book, 64 min ago; Binance: live order book, 10 min ago.

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, 64 min ago	0.77 bp	15.0 bp −$15	76.6 bp −$766	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.81 bp	14.6 bp −$15	34.6 bp −$346	136.6 bp −$13.7K	doesn't fit

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
Gate XPD_USDT	0.0000%	4h	1,294.5	+0.025%	$2.0M	$477K	100x	as long as short
SunX XPD-USDT	0.0000%	4h	1,293	−0.096%	—	$1.8M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,294	−0.017%	$9K	$34K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,291.8	−0.184%	—	—	—	as long as short
Lighter XPD	+0.0032%	1h	1,294.5	+0.023%	$399K	$160K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.983%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,292.4	−0.139%	$2.7M	$477K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,294.2	−0.002%	$168K	$7K	75x	as long as short
Variational Omni XPD	+0.0120%	4h	1,294.7	+0.036%	$534K	$24K	—	as long as short
BloFin XPD-USDT	+0.0199%	4h	1,295.1	+0.066%	$30K	$20K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XPDUSDTshort	+0.0209%	4h	1,294.5	+0.023%	$3.7M	$4.9M	100x
MEXC XPD_USDT	+0.0212%	4h	1,294.3	+0.004%	$13.0M	$270K	100x	as long as short
edgeX XPDUSDC	+0.0240%	4h	1,294.8	+0.046%	$37K	$206K	10x	as long as short
OKX XPD-USDT-SWAPlong	+0.0319%	8h	1,294.2	long leg	$323K	$480K	50x
Aster XPDUSDT	+0.0476%	4h	1,293.4	−0.058%	$26K	$5K	20x	as long as short
Bitget XPDUSDT	+0.0494%	4h	1,294.2	−0.004%	$5.0M	$246K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0748%	4h	1,293.9	−0.022%	$337K	$698K	25x	as long as short