Funding you earn now, next payment 08:00 UTC+0.0366%/8h= +40.1% APRnext payment +$1.83 per $10,000 · paid last 24h +0.017%
Price spread now: Bitget against Variational Omni−0.200%7-day average −0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.200%, 7d avg −0.031%
=Together, before fees+0.210%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.169% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of −0.031%). If the spread goes back, that is −$17 on $10k: about 37 hours of funding at the current rate (+$11 a day). At the pace of the last 4 days (+0.042% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.042% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.83 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 | Variational Omni XPD | 1,294.4 | 0 | get 0.0000% / 4h | 1m 22s | $530K | $27K | — |
| Short | Bitget XPDUSDT | 1,291.8 | 0.0366 | get 0.0183% / 4h | 1m 22s | $5.0M | $256K | 100x |
Variational Omni XPD
Bitget XPDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Variational Omni. 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
- $76.86
- Price spread: −0.200% → −0.031%
- −$16.88
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $47.98
- Costs to cover
- 0.120%
- Break-even
- 2.6 days
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Bitget: live order book, 2 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 Variational Omni RFQ quote, 38 min ago | 4.89 bp | doesn't fit | 41.9 bp −$419 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.88 bp | 16.0 bp −$16 | 40.7 bp −$407 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | −0.0015% | 4h | 1,294.5 | +0.008% | $37K | $206K | 10x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,293 | −0.109% | $3.7M | $5.0M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,292.2 | −0.168% | $2.0M | $485K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,292.6 | −0.136% | $13.0M | $285K | 100x | as long as short |
| Variational Omni XPDlong | 0.0000% | 4h | 1,294.4 | long leg | $530K | $27K | — | |
| SunX XPD-USDT | 0.0000% | 4h | 1,290.8 | −0.279% | — | $1.7M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,294.3 | −0.006% | $10K | $35K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,291.4 | −0.235% | — | — | — | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0026% | 1h | 1,290.1 | −0.332% | $2.6M | $547K | 20x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,291.4 | −0.231% | $397K | $161K | 20x | as long as short |
edgeX XPDUSDC
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
tradeXYZ xyz:PALLADIUM
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 | +2.967% | $16K | $20K | 52x | as long as short |
| BloFin XPD-USDT | +0.0052% | 4h | 1,294 | −0.028% | $31K | $21K | 100x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,292.7 | −0.131% | $168K | $7K | 75x | as long as short |
| Aster XPDUSDT | +0.0110% | 4h | 1,292.7 | −0.128% | $27K | $6K | 20x | as long as short |
| OKX XPD-USDT-SWAP | +0.0175% | 8h | 1,292.3 | −0.162% | $326K | $491K | 50x | as long as short |
| Bitget XPDUSDTshort | +0.0366% | 4h | 1,291.8 | −0.200% | $5.0M | $256K | 100x | |
| GRVT XPD_USDT_Perp | +0.0678% | 4h | 1,293.7 | −0.051% | $335K | $668K | 25x | as long as short |
Injective XPD/USDC PERP
BloFin XPD-USDT
KuCoin XPDUSDTM
Aster XPDUSDT
OKX XPD-USDT-SWAP
GRVT XPD_USDT_Perp