Funding you earn now, next payment 00:00 UTC+0.0282%/8h= +30.9% APRnext payment +$1.41 per $10,000 · paid last 24h +0.011%
Price spread now: Variational Omni against Gate+0.100%7-day average −0.018% · 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)+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.100%, 7d avg −0.018%
=Together, before fees−0.113%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Variational Omni is 0.117% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.011% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.41 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 | Gate XPD_USDT | 1,310.6 | 0 | get 0.0000% / 4h | 2h 31m | $1.9M | $428K | 100x |
| Short | Variational Omni XPD | 1,311.9 | 0.0282 | get 0.0141% / 4h | 2h 31m | $539K | $28K | — |
Gate XPD_USDT
Variational Omni XPDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- $59.24
- Price spread: +0.100% → −0.018%
- $11.75
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $55.99
- Costs to cover
- 0.150%
- Break-even
- 0.4 days
Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 58 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 Gate live order book, 2 min ago | 0.04 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 58 min ago | 3.65 bp | doesn't fit | 32.9 bp −$329 | doesn't fit | doesn't fit |
XPD on 16 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_USDTlong | 0.0000% | 4h | 1,310.6 | long leg | $1.9M | $428K | 100x | |
| SunX XPD-USDT | 0.0000% | 4h | 1,307.6 | −0.229% | — | $2.0M | 10x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.698% | $16K | $20K | 52x | as long as short |
| Lighter XPD | +0.0056% | 1h | 1,311.3 | +0.057% | $399K | $147K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,310 | −0.040% | $171K | $4K | 75x | as long as short |
| OKX XPD-USDT-SWAP | +0.0210% | 8h | 1,310.3 | −0.019% | $321K | $515K | 50x | as long as short |
| Variational Omni XPDshort | +0.0282% | 4h | 1,311.9 | +0.100% | $539K | $28K | — | |
| tradeXYZ xyz:PALLADIUM | +0.0325% | 1h | 1,309.5 | −0.080% | $2.7M | $551K | 20x | as long as short |
| Binance XPDUSDT | +0.0392% | 4h | 1,310.5 | −0.008% | $3.8M | $4.4M | 100x | as long as short |
| BloFin XPD-USDT | +0.0395% | 4h | 1,310.7 | +0.009% | $30K | $19K | 100x | as long as short |
SunX XPD-USDT
Injective XPD/USDC PERP
Lighter XPD
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
tradeXYZ xyz:PALLADIUM
Binance XPDUSDT
BloFin XPD-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0396% | 4h | 1,310.5 | −0.006% | $13.1M | $338K | 100x | as long as short |
| edgeX XPDUSDC | +0.0405% | 4h | 1,310.4 | −0.015% | $38K | $206K | 10x | as long as short |
| HTX XPD-USDT | +0.0419% | 4h | 1,310.3 | −0.016% | $10K | $34K | 20x | as long as short |
| Bitget XPDUSDT | +0.0496% | 4h | 1,310.8 | +0.017% | $5.0M | $285K | 100x | as long as short |
| Aster XPDUSDT | +0.0554% | 4h | 1,310.1 | −0.033% | $27K | $12K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1354% | 4h | 1,309.9 | −0.048% | $336K | $1.1M | 25x | as long as short |
MEXC XPD_USDT
edgeX XPDUSDC
HTX XPD-USDT
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp