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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against SunX+0.210%7-day average +0.036% · you sell dearer than you buy

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

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.210%, 7d avg +0.036%

Together, before fees−0.112%−$11 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: Gate is 0.174% dearer against SunX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XPD-USDT	1,291	0	get 0.0000% / 4h	1h 49m	—	$1.5M	10x
Short	Gate XPD_USDT	1,293.7	0	get 0.0000% / 4h	1h 49m	$2.0M	$487K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.210%Rate

Funding earned: $0
Price spread: +0.210% → +0.036%: $17.41
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$5.59
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 9 min ago; Gate: 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, 9 min ago	900.06 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	8.77 bp	23.5 bp −$23	134.3 bp −$1,343	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
edgeX XPDUSDC	−0.0019%	4h	1,294.6	+0.277%	$37K	$206K	10x	as long as short
Aster XPDUSDT	0.0000%	4h	1,293.6	+0.205%	$27K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,293.6	+0.202%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,293.4	+0.187%	$342K	$570K	50x	as long as short
Gate XPD_USDTshort	0.0000%	4h	1,293.7	+0.210%	$2.0M	$487K	100x
MEXC XPD_USDT	0.0000%	4h	1,293.7	+0.208%	$13.6M	$376K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,293.4	+0.183%	$5.0M	$309K	100x	as long as short
Variational Omni XPD	0.0000%	4h	1,293.2	+0.170%	$525K	$29K	—	as long as short
SunX XPD-USDTlong	0.0000%	4h	1,291	long leg	—	$1.5M	10x
HTX XPD-USDT	0.0000%	4h	1,293.6	+0.199%	$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
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,292.3	+0.098%	—	—	—	as long as short
BloFin XPD-USDT	+0.0033%	4h	1,293.6	+0.199%	$33K	$23K	100x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+3.239%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,291.7	+0.055%	$2.6M	$570K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,293	+0.156%	$168K	$7K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0222%	4h	1,293.9	+0.222%	$334K	$623K	25x	as long as short
Lighter XPD	+0.0288%	1h	1,294.2	+0.249%	$398K	$159K	20x	as long as short