Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against SunX+0.218%7-day average +0.030% · you sell dearer than you buy

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

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 4 days (all we have)−0.284%−$28 · spread now +0.218%, 7d avg +0.030%

Together, before fees−0.195%−$19 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: Binance is 0.189% dearer against SunX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XPD-USDT	1,295.4	0	get 0.0000% / 4h	35m 42s	—	$1.7M	10x
Short	Binance XPDUSDT	1,298.3	0	get 0.0000% / 4h	35m 42s	$3.7M	$4.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.218%Rate

Funding earned: $0
Price spread: +0.218% → +0.030%: $18.85
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $0.85
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 10 min ago; Binance: live order book, 1 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 SunX live order book, 10 min ago	900.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	1.19 bp	15.0 bp −$15	35.3 bp −$353	148.5 bp −$14.8K	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
Binance XPDUSDTshort	0.0000%	4h	1,298.3	+0.218%	$3.7M	$4.9M	100x
Gate XPD_USDT	0.0000%	4h	1,298.5	+0.233%	$2.0M	$471K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,297.8	+0.184%	$13.1M	$270K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,298.2	+0.212%	$535K	$24K	—	as long as short
SunX XPD-USDTlong	0.0000%	4h	1,295.4	long leg	—	$1.7M	10x
HTX XPD-USDT	0.0000%	4h	1,298	+0.198%	$10K	$35K	20x	as long as short
edgeX XPDUSDC	+0.0008%	4h	1,298.4	+0.231%	$37K	$205K	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,296.2	+0.059%	—	—	—	as long as short
BloFin XPD-USDT	+0.0029%	4h	1,299.7	+0.331%	$30K	$20K	100x	as long as short
Lighter XPD	+0.0032%	1h	1,297.7	+0.174%	$400K	$160K	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	+2.884%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,295.1	−0.026%	$2.7M	$460K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,296.7	+0.094%	$168K	$7K	75x	as long as short
OKX XPD-USDT-SWAP	+0.0236%	8h	1,298.5	+0.236%	$322K	$482K	50x	as long as short
Aster XPDUSDT	+0.0239%	4h	1,296.6	+0.086%	$27K	$6K	20x	as long as short
Bitget XPDUSDT	+0.0430%	4h	1,297.8	+0.179%	$5.0M	$249K	100x	as long as short
GRVT XPD_USDT_Perp	+0.0704%	4h	1,298.1	+0.204%	$336K	$675K	25x	as long as short