Funding you earn now, next payment 04:00 UTC+0.0340%/8h= +37.2% APRnext payment +$1.70 per $10,000 · paid last 24h +0.029%
Price spread now: GRVT against Variational Omni−0.077%89s7-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)+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.077%, 7d avg −0.022%
=Together, before fees+0.084%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.055% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.022%). If the spread goes back, that is −$6 on $10k: about 13 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.050% in total) that is about 3.8 days. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.050% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.70 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 | 1,301.2 | 0 | get 0.0000% / 4h | 46m 09s | $537K | $24K | — |
| Short | GRVT XPD_USDT_Perp | 1,300.2 | 0.0340 | get 0.0170% / 4h | 46m 09s | $337K | $729K | 25x |
Variational Omni XPD
GRVT XPD_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $71.4
- Price spread: −0.077% → −0.022%
- −$5.54
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $56.86
- Costs to cover
- 0.090%
- Break-even
- 1.4 days
Slippage unknown: Variational Omni: RFQ quote, 13 min ago; GRVT: live order book, 37 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, 13 min ago | 3.30 bp | doesn't fit | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 37 min ago | 0.23 bp | 10.5 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0001% | 4h | 1,301.3 | +0.010% | $30K | $20K | 100x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,300.6 | −0.040% | $27K | $5K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,301.4 | +0.018% | $3.8M | $4.6M | 100x | as long as short |
| OKX XPD-USDT-SWAP | 0.0000% | 8h | 1,300.4 | −0.059% | $323K | $469K | 50x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,301 | −0.016% | $2.0M | $454K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,301.1 | −0.008% | $13.1M | $267K | 100x | as long as short |
| Variational Omni XPDlong | 0.0000% | 4h | 1,301.2 | long leg | $537K | $24K | — | |
| SunX XPD-USDT | 0.0000% | 4h | 1,298.6 | −0.197% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,301 | −0.010% | $9K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,299.6 | −0.123% | — | — | — | as long as short |
BloFin XPD-USDT
Aster XPDUSDT
Binance XPDUSDT
OKX XPD-USDT-SWAP
Gate XPD_USDT
MEXC XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX XPDUSDC | +0.0011% | 4h | 1,300.7 | −0.033% | $37K | $206K | 10x | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,301.8 | +0.049% | $401K | $155K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.431% | $16K | $20K | 52x | as long as short |
| Bitget XPDUSDT | +0.0038% | 4h | 1,300.7 | −0.035% | $5.0M | $240K | 100x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,299.7 | −0.113% | $2.7M | $513K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,299.9 | −0.101% | $169K | $5K | 75x | as long as short |
| GRVT XPD_USDT_Perpshort | +0.0340% | 4h | 1,300.2 | −0.077% | $337K | $729K | 25x |
edgeX XPDUSDC
Lighter XPD
Injective XPD/USDC PERP
Bitget XPDUSDT
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM