Funding you earn now, next payment 04:00 UTC−0.0298%/8h= −32.7% APRpaid last 24h −0.100%
Price spread now: Variational Omni against OKX−0.120%7-day average −0.047% · 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)−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.120%, 7d avg −0.047%
=Together, before fees+0.037%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.073% cheaper against OKX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.100% in total (about -10.7% a year). A funding rate is set anew for every payment. 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 | OKX XPT-USDT-SWAP | 1,803.8 | 0.0740 | pay 0.0740% / 8h | 6h 01m | $904K | $513K | 50x |
| Short | Variational Omni XPT | 1,801.6 | 0.0442 | get 0.0221% / 4h | 2h 01m | $280K | $232K | — |
OKX XPT-USDT-SWAP
Variational Omni XPTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- −$62.66
- Price spread: −0.120% → −0.047%
- −$7.29
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$79.96
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 64 min ago; Variational Omni: RFQ quote, 2 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 OKX live order book, 64 min ago | 0.28 bp | 10.1 bp −$10 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.72 bp | doesn't fit | 24.4 bp −$244 | doesn't fit | doesn't fit |
XPT on 20 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 | 1,801.7 | −0.118% | $10K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,799.7 | −0.230% | $231 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,800 | −0.211% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,801.1 | −0.148% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,803.4 | −0.020% | $307 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,824.7 | +1.160% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0242% | 1h | 1,800.2 | −0.200% | $3.6M | $983K | 20x | as long as short |
| KuCoin XPTUSDTM | +0.0320% | 4h | 1,802.6 | −0.068% | $201K | $17K | 75x | as long as short |
| Gate XPT_USDT | +0.0322% | 4h | 1,802.9 | −0.050% | $635K | $433K | 100x | as long as short |
| Variational Omni XPTshort | +0.0442% | 4h | 1,801.6 | −0.120% | $280K | $232K | — |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Gate XPT_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0480% | 4h | 1,802.8 | −0.053% | $14K | $10K | 20x | as long as short |
| edgeX XPTUSDC | +0.0498% | 4h | 1,801.7 | −0.119% | $39K | $282K | 10x | as long as short |
| MEXC XPT_USDT | +0.0512% | 4h | 1,801 | −0.156% | $23.7M | $662K | 100x | as long as short |
| Binance XPTUSDT | +0.0517% | 4h | 1,802.6 | −0.067% | $4.2M | $3.9M | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0564% | 8h | 1,803.1 | −0.037% | $3K | — | 5x | as long as short |
| Extended XPT-USD | +0.0600% | 1h | 1,798.7 | −0.280% | $204K | $616K | 10x | as long as short |
| Bitget XPTUSDT | +0.0606% | 4h | 1,800.9 | −0.163% | $1.3M | $381K | 100x | as long as short |
| Lighter XPT | +0.0736% | 1h | 1,803.5 | −0.017% | $357K | $15K | 20x | as long as short |
| OKX XPT-USDT-SWAPlong | +0.0740% | 8h | 1,803.8 | long leg | $904K | $513K | 50x | |
| GRVT XPT_USDT_Perp | +0.0992% | 4h | 1,801.4 | −0.133% | $205K | $879K | 25x | as long as short |
Aster XPTUSDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Paradex XPT-USD-PERP
Extended XPT-USD
Bitget XPTUSDT
Lighter XPT
GRVT XPT_USDT_Perp