Funding you earn now, next payment 04:00 UTC−0.0280%/8h= −30.6% APRnext payment −$1.40 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against Variational Omni0.000%7-day average +0.029% · 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)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now 0.000%, 7d avg +0.029%
=Together, before fees+0.047%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.029% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.020% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.40 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 | Variational Omni XPT | 1,795.3 | 0.0690 | pay 0.0345% / 4h | 47m 52s | $279K | $217K | — |
| Short | Gate XPT_USDT | 1,795.3 | 0.0410 | get 0.0205% / 4h | 47m 52s | $637K | $439K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$58.71
- Price spread: 0.000% → +0.029%
- −$2.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$76.57
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 11 min ago; Gate: live order book, 8 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, 11 min ago | 3.09 bp | doesn't fit | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell Gate live order book, 8 min ago | 0.53 bp | 16.8 bp −$17 | 21.0 bp −$210 | 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 | 1,794.5 | −0.048% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.3 | −0.278% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.2 | −0.230% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,790.2 | −0.286% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0112% | 1h | 1,794.6 | −0.040% | $305 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,816 | +1.149% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0269% | 1h | 1,791.7 | −0.202% | $3.5M | $976K | 20x | as long as short |
| Gate XPT_USDTshort | +0.0410% | 4h | 1,795.3 | 0.000% | $637K | $439K | 100x | |
| KuCoin XPTUSDTM | +0.0610% | 4h | 1,794.9 | −0.021% | $200K | $17K | 75x | as long as short |
| Aster XPTUSDT | +0.0678% | 4h | 1,792.5 | −0.159% | $14K | $10K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XPT-USD-PERP | +0.0680% | 8h | 1,794.2 | −0.064% | $3K | — | 5x | as long as short |
| Variational Omni XPTlong | +0.0690% | 4h | 1,795.3 | long leg | $279K | $217K | — | |
| edgeX XPTUSDC | +0.0745% | 4h | 1,795.5 | +0.012% | $39K | $282K | 10x | as long as short |
| Lighter XPT | +0.0752% | 1h | 1,795.1 | −0.013% | $355K | $15K | 20x | as long as short |
| MEXC XPT_USDT | +0.0754% | 4h | 1,791.9 | −0.193% | $23.5M | $641K | 100x | as long as short |
| Binance XPTUSDT | +0.0759% | 4h | 1,793.9 | −0.082% | $4.3M | $3.8M | 100x | as long as short |
| BloFin XPT-USDT | +0.0765% | 4h | 1,793.8 | −0.083% | $88K | $67K | 100x | as long as short |
| Extended XPT-USD | +0.0784% | 1h | 1,790.5 | −0.267% | $202K | $612K | 10x | as long as short |
| Bitget XPTUSDT | +0.0868% | 4h | 1,793.5 | −0.102% | $1.3M | $389K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.0919% | 8h | 1,794.9 | −0.024% | $936K | $558K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1158% | 4h | 1,795.7 | +0.020% | $205K | $827K | 25x | as long as short |
Variational Omni XPT
Gate XPT_USDT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Aster XPTUSDT
Paradex XPT-USD-PERP
edgeX XPTUSDC
Lighter XPT
MEXC XPT_USDT
Binance XPTUSDT
BloFin XPT-USDT
Extended XPT-USD
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp