Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.010%
Price spread now: Injective against Variational Omni+2.044%61s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 2.044% dearer against Variational Omni than usual: you sell high and buy low: +$204 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 61 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 | Variational Omni XPD | 1,306.1 | 0 | get 0.0000% / 4h | 1h 34m | $539K | $16K | — |
| Short | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | get 0.0004% / 1h | 34m 14s | $16K | $20K | 52x |
Variational Omni XPD
Injective XPD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7
- Price spread: +2.044% → 0.000%
- $204.42
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $211.4
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 30 min ago; Injective: no order-book sample. 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, 30 min ago | 3.25 bp | doesn't fit | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0087% | 1h | 1,304.8 | −0.100% | $2.7M | $494K | 20x | as long as short |
| BloFin XPD-USDT | −0.0031% | 4h | 1,306.4 | +0.023% | $30K | $20K | 100x | as long as short |
| edgeX XPDUSDC | −0.0003% | 4h | 1,305.4 | −0.052% | $38K | $206K | 10x | as long as short |
| Aster XPDUSDT | 0.0000% | 4h | 1,305.9 | −0.015% | $27K | $5K | 20x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,306.7 | +0.045% | $3.7M | $4.5M | 100x | as long as short |
| OKX XPD-USDT-SWAP | 0.0000% | 8h | 1,306.2 | +0.008% | $317K | $469K | 50x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,306.3 | +0.013% | $2.0M | $454K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,306.1 | +0.001% | $13.2M | $268K | 100x | as long as short |
| Bitget XPDUSDT | 0.0000% | 4h | 1,305.4 | −0.053% | $5.0M | $219K | 100x | as long as short |
| Variational Omni XPDlong | 0.0000% | 4h | 1,306.1 | long leg | $539K | $16K | — |
tradeXYZ xyz:PALLADIUM
BloFin XPD-USDT
edgeX XPDUSDC
Aster XPDUSDT
Binance XPDUSDT
OKX XPD-USDT-SWAP
Gate XPD_USDT
MEXC XPD_USDT
Bitget XPDUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,305.9 | −0.017% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,306.1 | −0.002% | $9K | $33K | 20x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,305 | −0.083% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,306.8 | +0.054% | $403K | $155K | 20x | as long as short |
| Injective XPD/USDC PERPshort | +0.0033% | 1h | 1,332.8 | +2.044% | $16K | $20K | 52x | |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,305.3 | −0.059% | $170K | $5K | 75x | as long as short |
| GRVT XPD_USDT_Perp | +0.0152% | 4h | 1,305.9 | −0.015% | $339K | $751K | 25x | as long as short |
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
KuCoin XPDUSDTM
GRVT XPD_USDT_Perp