Funding you earn now, next payment 00:00 UTC−0.0204%/8h= −22.3% APRnext payment −$1.02 per $10,000 · paid last 24h −0.027%
Price spread now: Variational Omni against Bitget+0.072%7-day average +0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.072%, 7d avg +0.033%
=Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.040% dearer against Bitget than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.033%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.032% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.032% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPDUSDT | 1,315 | 0.0260 | pay 0.0130% / 4h | 1h 37m | $5.0M | $218K | 100x |
| Short | Variational Omni XPD | 1,315.9 | 0.0056 | get 0.0028% / 4h | 1h 37m | $541K | $14K | — |
Bitget XPDUSDT
Variational Omni XPDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- −$42.76
- Price spread: +0.072% → +0.033%
- $3.96
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$50.8
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, 46 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 Bitget live order book, 5 min ago | 1.83 bp | 13.6 bp −$14 | 32.7 bp −$327 | 109.9 bp −$11.0K | doesn't fit |
| Sell Variational Omni RFQ quote, 46 min ago | 2.90 bp | doesn't fit | 52.0 bp −$520 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDT | 0.0000% | 4h | 1,315.9 | +0.068% | $2.0M | $409K | 100x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,314.2 | −0.056% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,315.2 | +0.015% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,313 | −0.148% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,316.3 | +0.101% | $401K | $147K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.356% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,313.4 | −0.119% | $2.7M | $476K | 20x | as long as short |
| Variational Omni XPDshort | +0.0056% | 4h | 1,315.9 | +0.072% | $541K | $14K | — | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,313.5 | −0.114% | $171K | $4K | 75x | as long as short |
| BloFin XPD-USDT | +0.0125% | 4h | 1,315.4 | +0.029% | $30K | $19K | 100x | as long as short |
Gate XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
BloFin XPD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0144% | 4h | 1,315.2 | +0.016% | $3.8M | $4.2M | 100x | as long as short |
| MEXC XPD_USDT | +0.0146% | 4h | 1,315.6 | +0.046% | $13.2M | $338K | 100x | as long as short |
| OKX XPD-USDT-SWAP | +0.0157% | 8h | 1,315.6 | +0.048% | $321K | $485K | 50x | as long as short |
| edgeX XPDUSDC | +0.0162% | 4h | 1,315.9 | +0.072% | $38K | $205K | 10x | as long as short |
| Bitget XPDUSDTlong | +0.0260% | 4h | 1,315 | long leg | $5.0M | $218K | 100x | |
| Aster XPDUSDT | +0.0302% | 4h | 1,314.9 | −0.008% | $27K | $12K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.0648% | 4h | 1,315.6 | +0.049% | $338K | $1.0M | 25x | as long as short |
Binance XPDUSDT
MEXC XPD_USDT
OKX XPD-USDT-SWAP
edgeX XPDUSDC
Aster XPDUSDT
GRVT XPD_USDT_Perp