Funding you earn now, next payment 08:00 UTC−0.0250%/8h= −27.4% APRnext payment −$1.25 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Variational Omni+0.055%7-day average −0.003% · 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)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.055%, 7d avg −0.003%
=Together, before fees−0.015%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.057% dearer against Variational Omni than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.003%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 4 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.063% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.25 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 | 1,793.7 | 0.0986 | pay 0.0493% / 4h | 3h 48m | $280K | $202K | — |
| Short | KuCoin XPTUSDTM | 1,794.7 | 0.0736 | get 0.0368% / 4h | 3h 48m | $248K | $40K | 75x |
Variational Omni XPT
KuCoin XPTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$52.58
- Price spread: +0.055% → −0.003%
- $5.74
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$58.84
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 6 min ago; KuCoin: live order book, 23 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, 6 min ago | 1.95 bp | doesn't fit | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 7.85 bp | 19.4 bp −$19 | 179.3 bp −$1,793 | 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 | 1,794.1 | +0.021% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,792.1 | −0.088% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,792.6 | −0.060% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,794.2 | +0.029% | $13K | $29K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +1.113% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0280% | 1h | 1,796.2 | +0.139% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0435% | 1h | 1,793.7 | +0.001% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTMshort | +0.0736% | 4h | 1,794.7 | +0.055% | $248K | $40K | 75x | |
| Gate XPT_USDT | +0.0780% | 4h | 1,794.9 | +0.066% | $730K | $507K | 100x | as long as short |
| Lighter XPT | +0.0856% | 1h | 1,796.5 | +0.157% | $355K | $19K | 20x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Lighter XPTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XPT-USD-PERP | +0.0873% | 8h | 1,795.5 | +0.102% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0974% | 4h | 1,793.3 | −0.024% | $14K | $9K | 20x | as long as short |
| Variational Omni XPTlong | +0.0986% | 4h | 1,793.7 | long leg | $280K | $202K | — | |
| MEXC XPT_USDT | +0.1042% | 4h | 1,793.8 | +0.004% | $23.5M | $599K | 100x | as long as short |
| BloFin XPT-USDT | +0.1043% | 4h | 1,793.8 | +0.007% | $88K | $68K | 100x | as long as short |
| edgeX XPTUSDC | +0.1045% | 4h | 1,793.5 | −0.010% | $39K | $282K | 10x | as long as short |
| Binance XPTUSDT | +0.1046% | 4h | 1,796 | +0.130% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1106% | 8h | 1,796.1 | +0.135% | $951K | $636K | 50x | as long as short |
| Bitget XPTUSDT | +0.1132% | 4h | 1,793.5 | −0.010% | $1.4M | $467K | 100x | as long as short |
| Extended XPT-USD | +0.1208% | 1h | 1,791.7 | −0.110% | $202K | $615K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1498% | 4h | 1,793.6 | −0.006% | $207K | $810K | 25x | as long as short |
Paradex XPT-USD-PERP
Aster XPTUSDT
MEXC XPT_USDT
BloFin XPT-USDT
edgeX XPTUSDC
Binance XPTUSDT
OKX XPT-USDT-SWAP
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp