Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%

Price spread now: SunX against OKX−0.163%7-day average −0.014% · you buy dearer than you sell

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

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.198%−$20 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.163%, 7d avg −0.014%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.149% cheaper against OKX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX XPD-USDT-SWAP	1,293.3	0	get 0.0000% / 8h	6h 15m	$337K	$558K	50x
Short	SunX XPD-USDT	1,291.2	0	get 0.0000% / 4h	2h 15m	—	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.163%Rate

Funding earned: $0
Price spread: −0.163% → −0.014%: −$14.88
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$32.88
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 33 min ago; SunX: live order book, 3 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 OKX live order book, 33 min ago	0.39 bp	20.2 bp −$20	87.3 bp −$873	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	900.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

XPD on 17 exchanges

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	−0.0119%	1h	1,290.4	−0.224%	$2.6M	$566K	20x	as long as short
Aster XPDUSDT	0.0000%	4h	1,292.5	−0.058%	$26K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,292.8	−0.038%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAPlong	0.0000%	8h	1,293.3	long leg	$337K	$558K	50x
Gate XPD_USDT	0.0000%	4h	1,293.2	−0.007%	$2.0M	$487K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,292.7	−0.049%	$13.6M	$452K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,292	−0.097%	$5.0M	$301K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,293.1	−0.015%	$525K	$32K	—	as long as short
SunX XPD-USDTshort	0.0000%	4h	1,291.2	−0.163%	—	$1.6M	10x
HTX XPD-USDT	0.0000%	4h	1,292.8	−0.041%	$10K	$35K	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XPD-USDT	+0.0004%	4h	1,292.3	−0.076%	$32K	$23K	100x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,291.3	−0.159%	—	—	—	as long as short
edgeX XPDUSDC	+0.0019%	4h	1,292.6	−0.052%	$37K	$207K	10x	as long as short
Lighter XPD	+0.0032%	1h	1,292.4	−0.070%	$397K	$159K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+3.054%	$16K	$20K	52x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,290.9	−0.187%	$168K	$7K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0134%	4h	1,292.4	−0.066%	$336K	$622K	25x	as long as short