Settings8H · net · $10k
Funding arb · Price arb /

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XPT_USDT_Perp1,796.10.1782pay 0.0891% / 4h3h 00m$206K$812K25x
ShortVariational Omni XPT1,796.50.1212get 0.0606% / 4h3h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 47 min ago0.03 bp7.9 bp −$810995.7 bp −$110.0Kdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 53 min ago1.95 bpdoesn't fit22.1 bp −$221doesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,796.9+0.043%$10K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,791.2−0.276%$230150xas long as short
Vest PL-PERP+0.0046%1h1,791.9−0.236%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,795−0.064%$13K$31K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,814.9+1.045%$6K$34K52xas long as short
Aevo PLATINUM-PERP+0.0432%1h1,797.1+0.053%$30610xas long as short
tradeXYZ xyz:PLATINUM+0.0592%1h1,794.5−0.091%$3.6M$1.0M20xas long as short
KuCoin XPTUSDTM+0.0798%4h1,796.8+0.036%$249K$40K75xas long as short
Paradex XPT-USD-PERP+0.0833%8h1,797+0.049%$3K5xas long as short
Gate XPT_USDT+0.0902%4h1,797.5+0.075%$731K$511K100xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPT+0.1072%1h1,797.4+0.071%$355K$20K20xas long as short
Aster XPTUSDT+0.1210%4h1,793.2−0.162%$14K$9K20xas long as short
Variational Omni XPTshort+0.1212%4h1,796.5+0.018%$280K$188K
BloFin XPT-USDT+0.1225%4h1,797+0.047%$90K$68K100xas long as short
OKX XPT-USDT-SWAP+0.1235%8h1,796.7+0.032%$954K$617K50xas long as short
edgeX XPTUSDC+0.1249%4h1,796.4+0.018%$39K$283K10xas long as short
MEXC XPT_USDT+0.1256%4h1,794.7−0.083%$23.6M$611K100xas long as short
Binance XPTUSDT+0.1262%4h1,796.6+0.024%$4.5M$4.3M100xas long as short
Bitget XPTUSDT+0.1318%4h1,795.1−0.056%$1.4M$472K100xas long as short
Extended XPT-USD+0.1448%1h1,791.4−0.264%$205K$617K10xas long as short
GRVT XPT_USDT_Perplong+0.1782%4h1,796.1long leg$206K$812K25x