Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX+0.223%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)−0.226%−$23 · spread now +0.223%, 7d avg +0.004%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.219% dearer against SunX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XPD-USDT1,296.30get 0.0000% / 4h3h 41m$1.8M10x
ShortKuCoin XPDUSDTM1,299.20.0100get 0.0050% / 4h3h 41m$169K$5K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: +0.223% → +0.004%
$21.93
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$22.93
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: SunX: live order book, 5 min ago; KuCoin: live order book, 23 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 5 min ago900.03 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 23 min ago23.83 bp70.7 bp −$71615.7 bp −$6,157doesn't fitdoesn't fit

XPD on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPD0.0000%4h1,299+0.209%$535K$24Kas long as short
SunX XPD-USDTlong0.0000%4h1,296.3long leg$1.8M10x
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,296.8+0.042%as long as short
Lighter XPD+0.0032%1h1,299.7+0.263%$401K$158K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.816%$16K$20K52xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,296.3+0.001%$2.7M$492K20xas long as short
edgeX XPDUSDC+0.0081%4h1,299.4+0.244%$37K$205K10xas long as short
MEXC XPD_USDT+0.0088%4h1,298.2+0.150%$13.1M$269K100xas long as short
Binance XPDUSDT+0.0093%4h1,299.2+0.226%$3.8M$4.7M100xas long as short
BloFin XPD-USDT+0.0095%4h1,299.4+0.238%$30K$20K100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XPDUSDTMshort+0.0100%4h1,299.2+0.223%$169K$5K75x
OKX XPD-USDT-SWAP+0.0152%8h1,299.2+0.224%$321K$472K50xas long as short
Gate XPD_USDT+0.0186%4h1,298.9+0.204%$2.0M$470K100xas long as short
Aster XPDUSDT+0.0250%4h1,298+0.130%$26K$5K20xas long as short
Bitget XPDUSDT+0.0302%4h1,298.3+0.157%$5.0M$240K100xas long as short
HTX XPD-USDT+0.0530%4h1,299.5+0.245%$9K$34K20xas long as short
GRVT XPD_USDT_Perp+0.1292%4h1,299.2+0.225%$338K$720K25xas long as short