Funding you earn now, next payment 06:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Injective against tradeXYZ+2.547%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 2.547% dearer against tradeXYZ than usual: you sell high and buy low (spread +2.547% now, against zero (this spread has no 7-day history yet)): +$255 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:PALLADIUM | 1,299.7 | 0.0050 | pay 0.0006% / 1h | 7m 09s | $2.7M | $470K | 20x |
| Short | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | get 0.0004% / 1h | 7m 09s | $16K | $20K | 52x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.5
- Price spread: +2.547% → 0.000%
- $254.67
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $233.15
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 11 min ago; Injective: no order-book sample. 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 tradeXYZ live order book, 11 min ago | 1.93 bp | 14.8 bp −$15 | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,300.5 | +0.060% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,299 | −0.056% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,301.7 | +0.154% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERPshort | +0.0033% | 1h | 1,332.8 | +2.547% | $16K | $20K | 52x | |
| Gate XPD_USDT | +0.0034% | 4h | 1,301.8 | +0.162% | $2.0M | $484K | 100x | as long as short |
| tradeXYZ xyz:PALLADIUMlong | +0.0050% | 1h | 1,299.7 | long leg | $2.7M | $470K | 20x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,300.2 | +0.035% | $169K | $6K | 75x | as long as short |
| HTX XPD-USDT | +0.0102% | 4h | 1,302.1 | +0.185% | $10K | $34K | 20x | as long as short |
| Variational Omni XPD | +0.0240% | 4h | 1,300.6 | +0.066% | $536K | $24K | — | as long as short |
| BloFin XPD-USDT | +0.0328% | 4h | 1,300.5 | +0.065% | $30K | $20K | 100x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0339% | 4h | 1,301.9 | +0.167% | $3.8M | $4.8M | 100x | as long as short |
| MEXC XPD_USDT | +0.0340% | 4h | 1,301.5 | +0.138% | $13.1M | $270K | 100x | as long as short |
| edgeX XPDUSDC | +0.0354% | 4h | 1,300.4 | +0.056% | $37K | $205K | 10x | as long as short |
| OKX XPD-USDT-SWAP | +0.0364% | 8h | 1,301.5 | +0.138% | $320K | $478K | 50x | as long as short |
| Bitget XPDUSDT | +0.0546% | 4h | 1,300.9 | +0.094% | $5.0M | $245K | 100x | as long as short |
| Aster XPDUSDT | +0.0608% | 4h | 1,300.7 | +0.078% | $27K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0966% | 4h | 1,301 | +0.097% | $336K | $711K | 25x | as long as short |
tradeXYZ xyz:PALLADIUM
Injective XPD/USDC PERP
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Gate XPD_USDT
KuCoin XPDUSDTM
HTX XPD-USDT
Variational Omni XPD
BloFin XPD-USDT
Binance XPDUSDT
MEXC XPD_USDT
edgeX XPDUSDC
OKX XPD-USDT-SWAP
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp