XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.53 per $10,000 · paid last 24h −0.002%

Price spread now: Variational Omni against edgeX−0.021%89s7-day average −0.001% · you buy dearer than you sell

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.021%, 7d avg −0.001%

Together, before fees+0.040%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XPDUSDC	1,314.3	0.0119	pay 0.0059% / 4h	1h 30m	$38K	$206K	10x
Short	Variational Omni XPD	1,314	0.0013	get 0.0007% / 4h	1h 30m	$540K	$14K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 edgeXbpFee Variational OmnibpOrdersPrice spread, now −0.021%Rate

Funding earned: −$22.16
Price spread: −0.021% → −0.001%: −$1.98
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$33.14
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 52 min ago; Variational Omni: RFQ quote, 54 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 edgeX live order book, 52 min ago	6.29 bp	12.0 bp −$12	125.2 bp −$1,252	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 54 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	1,314.3	0.000%	$1.9M	$410K	100x	as long as short
SunX XPD-USDT	0.0000%	4h	1,313.5	−0.059%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,313.6	−0.053%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,312.3	−0.148%	—	—	—	as long as short
Variational Omni XPDshort	+0.0013%	4h	1,314	−0.021%	$540K	$14K	—
Lighter XPD	+0.0032%	1h	1,315.2	+0.070%	$400K	$147K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.409%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0049%	1h	1,312.5	−0.135%	$2.7M	$484K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,313.6	−0.056%	$171K	$4K	75x	as long as short
Binance XPDUSDT	+0.0112%	4h	1,314.3	+0.002%	$3.8M	$4.2M	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XPD_USDT	+0.0114%	4h	1,314.4	+0.012%	$13.2M	$338K	100x	as long as short
edgeX XPDUSDClong	+0.0119%	4h	1,314.3	long leg	$38K	$206K	10x
BloFin XPD-USDT	+0.0148%	4h	1,314.1	−0.011%	$30K	$19K	100x	as long as short
OKX XPD-USDT-SWAP	+0.0160%	8h	1,314.1	−0.014%	$321K	$484K	50x	as long as short
Bitget XPDUSDT	+0.0232%	4h	1,313.6	−0.051%	$5.0M	$218K	100x	as long as short
Aster XPDUSDT	+0.0263%	4h	1,314.2	−0.005%	$27K	$12K	20x	as long as short
GRVT XPD_USDT_Perp	+0.0614%	4h	1,314.6	+0.022%	$338K	$1.0M	25x	as long as short