Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%

Price spread now: OKX against Variational Omni+0.133%7-day average −0.002% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.021%+$2 on $10k

Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.133%, 7d avg −0.002%

Together, before fees−0.135%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.135% dearer against Variational Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XPD	1,291.1	0	get 0.0000% / 4h	8m 26s	$525K	$36K	—
Short	OKX XPD-USDT-SWAP	1,292.8	0	get 0.0000% / 8h	4h 08m	$359K	$598K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee OKXbpOrdersPrice spread, now +0.133%Rate

Funding earned: $0
Price spread: +0.133% → −0.002%: $13.54
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: $3.54
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 34 min ago; OKX: live order book, 30 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, 34 min ago	2.66 bp	doesn't fit	47.2 bp −$472	doesn't fit	doesn't fit
Sell OKX live order book, 30 min ago	0.39 bp	16.4 bp −$16	59.0 bp −$590	doesn't fit	doesn't fit

XPD on 17 exchanges

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	−0.0046%	4h	1,292.4	+0.098%	$34K	$24K	100x	as long as short
edgeX XPDUSDC	−0.0002%	4h	1,291.3	+0.015%	$37K	$205K	10x	as long as short
Aster XPDUSDT	0.0000%	4h	1,292.5	+0.107%	$26K	$4K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,292.7	+0.128%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAPshort	0.0000%	8h	1,292.8	+0.133%	$359K	$598K	50x
Gate XPD_USDT	0.0000%	4h	1,293.2	+0.163%	$2.0M	$490K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,292.8	+0.136%	$13.5M	$430K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,291.4	+0.028%	$5.0M	$321K	100x	as long as short
Variational Omni XPDlong	0.0000%	4h	1,291.1	long leg	$525K	$36K	—
SunX XPD-USDT	0.0000%	4h	1,291.1	+0.002%	—	$1.4M	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX XPD-USDT	0.0000%	4h	1,292.5	+0.112%	$10K	$36K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,290.4	−0.052%	—	—	—	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+3.231%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,290.8	−0.022%	$2.7M	$567K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,292.1	+0.078%	$168K	$8K	75x	as long as short
Lighter XPD	+0.0320%	1h	1,292.7	+0.125%	$397K	$159K	20x	as long as short
GRVT XPD_USDT_Perp	+0.0352%	4h	1,290.9	−0.014%	$334K	$628K	25x	as long as short