Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −11.0% APRnext payment −$0.50 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against BloFin−0.078%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.078% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XPD-USDT | 1,301 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $30K | $20K | 100x |
| Short | Variational Omni XPD | 1,300 | 0 | get 0.0000% / 4h | 3h 44m | $536K | $24K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$21.07
- Price spread: −0.078% → 0.000%
- −$7.82
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$40.89
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Variational Omni: RFQ quote, 10 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 10 min ago | 3.50 bp | doesn't fit | 43.8 bp −$438 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XPD on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPDshort | 0.0000% | 4h | 1,300 | −0.078% | $536K | $24K | — | |
| SunX XPD-USDT | 0.0000% | 4h | 1,296.7 | −0.331% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,297.1 | −0.299% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,299.6 | −0.107% | $401K | $158K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.445% | $16K | $20K | 52x | as long as short |
| edgeX XPDUSDC | +0.0037% | 4h | 1,299.9 | −0.083% | $37K | $206K | 10x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,296.8 | −0.322% | $2.7M | $492K | 20x | as long as short |
| MEXC XPD_USDT | +0.0064% | 4h | 1,298.3 | −0.211% | $13.1M | $269K | 100x | as long as short |
| Binance XPDUSDT | +0.0069% | 4h | 1,299.3 | −0.131% | $3.8M | $4.7M | 100x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,299.3 | −0.129% | $169K | $5K | 75x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDTlong | +0.0100% | 4h | 1,301 | long leg | $30K | $20K | 100x | |
| OKX XPD-USDT-SWAP | +0.0142% | 8h | 1,298.7 | −0.176% | $321K | $473K | 50x | as long as short |
| Gate XPD_USDT | +0.0152% | 4h | 1,299.5 | −0.115% | $2.0M | $469K | 100x | as long as short |
| Aster XPDUSDT | +0.0227% | 4h | 1,298.2 | −0.217% | $26K | $5K | 20x | as long as short |
| Bitget XPDUSDT | +0.0282% | 4h | 1,298.9 | −0.164% | $5.0M | $240K | 100x | as long as short |
| HTX XPD-USDT | +0.0468% | 4h | 1,299.3 | −0.129% | $9K | $34K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1338% | 4h | 1,299.6 | −0.108% | $338K | $720K | 25x | as long as short |
BloFin XPD-USDT
Variational Omni XPD
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
edgeX XPDUSDC
tradeXYZ xyz:PALLADIUM
MEXC XPD_USDT
Binance XPDUSDT
KuCoin XPDUSDTM
OKX XPD-USDT-SWAP
Gate XPD_USDT
Aster XPDUSDT
Bitget XPDUSDT
HTX XPD-USDT
GRVT XPD_USDT_Perp