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

XPD

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.008%
Price spread now: Gate against tradeXYZ+0.110%7-day average +0.171% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$790.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 7 days+0.019%+$2 · spread now +0.110%, 7d avg +0.171%
Together, before fees−0.124%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.060% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.110% now, against its 7-day average of +0.171%). If the spread goes back, that is −$6 on $10k: about 3.2 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:PALLADIUM1,305.8−0.0062get 0.0008% / 1h24m 04s$2.7M$493K20x
ShortGate XPD_USDT1,307.20get 0.0000% / 4h1h 24m$2.0M$456K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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
$13.04
Price spread: +0.110% → +0.171%
−$6.03
Slippage, 4 orders
−$46
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$71.99
Costs to cover
0.790%
Break-even
45.6 days
Slippage from tradeXYZ: live order book, 3 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 3 min ago1.91 bp12.7 bp −$1322.6 bp −$226doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago0.88 bp27.5 bp −$27136.0 bp −$1,360doesn'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
tradeXYZ xyz:PALLADIUMlong−0.0062%1h1,305.8long leg$2.7M$493K20x
BloFin XPD-USDT−0.0038%4h1,308.4+0.200%$30K$20K100xas long as short
Aster XPDUSDT0.0000%4h1,306.9+0.086%$27K$5K20xas long as short
Binance XPDUSDT0.0000%4h1,307.1+0.103%$3.7M$4.5M100xas long as short
OKX XPD-USDT-SWAP0.0000%8h1,307.7+0.146%$324K$475K50xas long as short
Gate XPD_USDTshort0.0000%4h1,307.2+0.110%$2.0M$456K100x
MEXC XPD_USDT0.0000%4h1,307.3+0.112%$13.2M$269K100xas long as short
Bitget XPDUSDT0.0000%4h1,306.9+0.083%$5.0M$219K100xas long as short
Variational Omni XPD0.0000%4h1,308.1+0.180%$540K$16Kas long as short
SunX XPD-USDT0.0000%4h1,308.4+0.201%$1.8M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPD-USDT0.0000%4h1,307.9+0.164%$9K$33K20xas long as short
edgeX XPDUSDC+0.0001%4h1,307.5+0.132%$38K$205K10xas long as short
gTrade (Gains Network) XPD/USDL +0.0008% / S −0.0007%1h1,306.8+0.076%as long as short
Lighter XPD+0.0032%1h1,307+0.092%$403K$155K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.068%$16K$20K52xas long as short
KuCoin XPDUSDTM+0.0100%4h1,306.3+0.041%$170K$5K75xas long as short
GRVT XPD_USDT_Perp+0.0138%4h1,307.8+0.155%$339K$751K25xas long as short