Funding you earn now, next payment 00:00 UTC−0.0458%/8h= −50.2% APRnext payment −$2.29 per $10,000 · paid last 24h −0.052%
Price spread now: Variational Omni against GRVT−0.008%7-day average +0.022% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.045%−$5 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.008%, 7d avg +0.022%
=Together, before fees+0.012%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Variational Omni is 0.030% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.045% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.29 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 | GRVT XPD_USDT_Perp | 1,316.3 | 0.0458 | pay 0.0229% / 4h | 50m 52s | $338K | $1.0M | 25x |
| Short | Variational Omni XPD | 1,316.2 | 0 | get 0.0000% / 4h | 50m 52s | $541K | $12K | — |
GRVT XPD_USDT_Perp
Variational Omni XPDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GRVT. 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
- −$96.18
- Price spread: −0.008% → +0.022%
- −$2.97
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$108.15
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; Variational Omni: RFQ quote, 28 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 GRVT live order book, 2 min ago | 0.80 bp | 16.2 bp −$16 | 22291.9 bp −$222.9K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 28 min ago | 1.90 bp | doesn't fit | 52.3 bp −$523 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PALLADIUM | −0.0026% | 1h | 1,313.9 | −0.182% | $2.7M | $524K | 20x | as long as short |
| edgeX XPDUSDC | −0.0007% | 4h | 1,316.3 | +0.004% | $38K | $205K | 10x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,316.5 | +0.015% | $3.8M | $4.3M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,316.6 | +0.021% | $2.0M | $409K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,316.5 | +0.016% | $13.2M | $337K | 100x | as long as short |
| Variational Omni XPDshort | 0.0000% | 4h | 1,316.2 | −0.008% | $541K | $12K | — | |
| SunX XPD-USDT | 0.0000% | 4h | 1,315.3 | −0.074% | — | $1.9M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,316.2 | −0.011% | $10K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,313.3 | −0.226% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,316.8 | +0.038% | $404K | $153K | 20x | as long as short |
tradeXYZ xyz:PALLADIUM
edgeX XPDUSDC
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +1.254% | $16K | $20K | 52x | as long as short |
| BloFin XPD-USDT | +0.0044% | 4h | 1,315.8 | −0.038% | $30K | $19K | 100x | as long as short |
| Bitget XPDUSDT | +0.0086% | 4h | 1,315.7 | −0.047% | $5.0M | $219K | 100x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,315.6 | −0.054% | $171K | $4K | 75x | as long as short |
| Aster XPDUSDT | +0.0113% | 4h | 1,316 | −0.025% | $27K | $12K | 20x | as long as short |
| OKX XPD-USDT-SWAP | +0.0157% | 8h | 1,316.1 | −0.015% | $321K | $486K | 50x | as long as short |
| GRVT XPD_USDT_Perplong | +0.0458% | 4h | 1,316.3 | long leg | $338K | $1.0M | 25x |
Injective XPD/USDC PERP
BloFin XPD-USDT
Bitget XPDUSDT
KuCoin XPDUSDTM
Aster XPDUSDT
OKX XPD-USDT-SWAP