Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.7% APRpaid last 24h +0.014%

Price spread now: BloFin against OKX+0.072%83s7-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 BloFin

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—needs both histories

The price spread pays, funding is against you. BloFin is 0.072% dearer against OKX than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 38 hours. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPD-USDT-SWAP	1,317.2	0.0165	pay 0.0165% / 8h	13m 53s	$321K	$486K	50x
Short	BloFin XPD-USDT	1,318.2	0.0013	get 0.0006% / 4h	13m 53s	$30K	$19K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$31.97
Price spread: +0.072% → 0.000%: $7.21
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$46.75
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 62 min ago; BloFin: 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, 62 min ago	0.38 bp	17.0 bp −$17	81.9 bp −$819	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: 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
Binance XPDUSDT	0.0000%	4h	1,318.3	+0.081%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,318	+0.060%	$2.0M	$416K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,317.5	+0.021%	$13.2M	$339K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,317.7	+0.037%	$546K	$16K	—	as long as short
SunX XPD-USDT	0.0000%	4h	1,316.3	−0.071%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,317.6	+0.030%	$10K	$33K	20x	as long as short
edgeX XPDUSDC	+0.0002%	4h	1,317.7	+0.039%	$38K	$206K	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,316	−0.093%	—	—	—	as long as short
BloFin XPD-USDTshort	+0.0013%	4h	1,318.2	+0.072%	$30K	$19K	100x
Lighter XPD	+0.0032%	1h	1,318.5	+0.099%	$404K	$153K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.184%	$16K	$20K	52x	as long as short
Bitget XPDUSDT	+0.0040%	4h	1,317.3	+0.011%	$5.0M	$219K	100x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,316	−0.091%	$2.7M	$523K	20x	as long as short
Aster XPDUSDT	+0.0094%	4h	1,317.6	+0.027%	$27K	$12K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,317.2	−0.001%	$171K	$4K	75x	as long as short
OKX XPD-USDT-SWAPlong	+0.0165%	8h	1,317.2	long leg	$321K	$486K	50x
GRVT XPD_USDT_Perp	+0.0490%	4h	1,317.3	+0.011%	$339K	$944K	25x	as long as short