XPT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniXPT	1,538.5	+0.0468	pay 0.0234% / 4h	2h 48m	$421K	$230K	20x	Long Variational Omni+15% pts
SHORT	KalshiKXPLATINUMPERP	1,536.4	+0.0034	get 0.0102% / 24h	48m 23s	$240K	$1.1M	6.6x	Short Kalshi

Price gap−0.138%

Funding gap−0.0434% /8h

Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.139% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$4−0.0434% /8h now · paid +0.041% over the last 7D

Price−$14spread −0.138% now, avg +0.001% → −0.139% if it goes back

Costs−$370.371% of $10k · taker + slippage, in and out

Result−$47−0.47%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.041% in total, about +0.0019%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.138%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPT on 24 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

OK: Fits both order books13.4 / 5.4 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $1,513
Variational Omni 20x, Kalshi 6.6x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 24h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$13.03Long Variational Omni: 6 payments, −$14.05; short Kalshi: 1 payment, +$1.02.
Watch: Gap narrower than usual−0.138% vs +0.001%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$240K vs $421K OI
Kalshi sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni No · Kalshi Yes
A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0019%/8h × 21 periods+$4.08

Price spread−0.138% → +0.001% (7d avg)−$13.85

Slippage, 4 orderslive order books−$36.61

Fee Variational Omni bp × 2 orders$0.00

Fee Kalshi bp × 2 orders−$0.48

Net · 7 days · $10k−$46.87

Costs to cover0.371%Break-even87.4 days

Slippage: Variational Omni: RFQ quote, 65 min ago; Kalshi: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni1.8713.4 bp−$1324.0 bp−$240doesn’t fitdoesn’t fit

SELL · SHORTKalshi1.955.4 bp−$58.4 bp−$84doesn’t fitdoesn’t fit

Closing costs about the same again.

XPT news

posts that mention XPT or Platinum, from every exchangeSearch all news →

10-10 13:01	Bulk	Points	Season 1 league ranks are in and the competition is on! Get trading and solidify your rank in time for the first distribution on Oct 17 The new splits and distributions are: Challenger (Top 25): 45% Diamond (Top 100): 25% Platinum-Gold: 30%, Plat 2:1 Gold There is no cap on these distributions. Rewards will scale alongside activity. @bulktrade on X ↗
09-29 17:00	MEXC	Other	7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗
09-23 13:33	Kalshi	Listing	new market KXPLATINUMPERP ($XPT) seen by our collector

XPT