Funding you earn now, next payment 08:00 UTC−0.0570%/8h= −62.4% APRnext payment −$2.85 per $10,000 · paid last 24h −0.113%
Price spread now: Variational Omni against GRVT+0.018%7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.018%, 7d avg −0.002%
=Together, before fees−0.177%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.020% dearer against GRVT than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.002%): +$2 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 4 days (−0.148% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.148% in total (about -15.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.85 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 XPT_USDT_Perp | 1,796.1 | 0.1782 | pay 0.0891% / 4h | 3h 00m | $206K | $812K | 25x |
| Short | Variational Omni XPT | 1,796.5 | 0.1212 | get 0.0606% / 4h | 3h 00m | $280K | $188K | — |
Funding 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
- −$119.67
- Price spread: +0.018% → −0.002%
- $2.01
- 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
- −$126.66
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 47 min ago; Variational Omni: RFQ quote, 53 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, 47 min ago | 0.03 bp | 7.9 bp −$8 | 10995.7 bp −$110.0K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 1.95 bp | doesn't fit | 22.1 bp −$221 | doesn't fit | doesn't fit |
XPT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,796.9 | +0.043% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,791.2 | −0.276% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.9 | −0.236% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,795 | −0.064% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,814.9 | +1.045% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0432% | 1h | 1,797.1 | +0.053% | $306 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0592% | 1h | 1,794.5 | −0.091% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTM | +0.0798% | 4h | 1,796.8 | +0.036% | $249K | $40K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0833% | 8h | 1,797 | +0.049% | $3K | — | 5x | as long as short |
| Gate XPT_USDT | +0.0902% | 4h | 1,797.5 | +0.075% | $731K | $511K | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.1072% | 1h | 1,797.4 | +0.071% | $355K | $20K | 20x | as long as short |
| Aster XPTUSDT | +0.1210% | 4h | 1,793.2 | −0.162% | $14K | $9K | 20x | as long as short |
| Variational Omni XPTshort | +0.1212% | 4h | 1,796.5 | +0.018% | $280K | $188K | — | |
| BloFin XPT-USDT | +0.1225% | 4h | 1,797 | +0.047% | $90K | $68K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1235% | 8h | 1,796.7 | +0.032% | $954K | $617K | 50x | as long as short |
| edgeX XPTUSDC | +0.1249% | 4h | 1,796.4 | +0.018% | $39K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.1256% | 4h | 1,794.7 | −0.083% | $23.6M | $611K | 100x | as long as short |
| Binance XPTUSDT | +0.1262% | 4h | 1,796.6 | +0.024% | $4.5M | $4.3M | 100x | as long as short |
| Bitget XPTUSDT | +0.1318% | 4h | 1,795.1 | −0.056% | $1.4M | $472K | 100x | as long as short |
| Extended XPT-USD | +0.1448% | 1h | 1,791.4 | −0.264% | $205K | $617K | 10x | as long as short |
| GRVT XPT_USDT_Perplong | +0.1782% | 4h | 1,796.1 | long leg | $206K | $812K | 25x |
GRVT XPT_USDT_Perp
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Gate XPT_USDT
Lighter XPT
Aster XPTUSDT
BloFin XPT-USDT
OKX XPT-USDT-SWAP
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Bitget XPTUSDT
Extended XPT-USD