Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: Variational Omni against HTX+0.014%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XPD-USDT	1,316.3	0	get 0.0000% / 4h	44m 29s	$10K	$33K	20x
Short	Variational Omni XPD	1,316.5	0	get 0.0000% / 4h	44m 29s	$541K	$12K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee Variational OmnibpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → 0.000%: $1.41
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$10.59
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; Variational Omni: RFQ quote, 35 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 HTX no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 35 min ago	1.90 bp	doesn't fit	52.3 bp −$523	doesn't fit	doesn't fit

HTX: 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
tradeXYZ xyz:PALLADIUM	−0.0009%	1h	1,313.9	−0.182%	$2.7M	$524K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,316.1	−0.017%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,316.3	−0.002%	$2.0M	$410K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,315.8	−0.038%	$13.2M	$337K	100x	as long as short
Variational Omni XPDshort	0.0000%	4h	1,316.5	+0.014%	$541K	$12K	—
SunX XPD-USDT	0.0000%	4h	1,315.3	−0.073%	—	$1.9M	10x	as long as short
HTX XPD-USDTlong	0.0000%	4h	1,316.3	long leg	$10K	$33K	20x
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,313.3	−0.229%	—	—	—	as long as short
edgeX XPDUSDC	+0.0020%	4h	1,316.4	+0.010%	$38K	$206K	10x	as long as short
BloFin XPD-USDT	+0.0020%	4h	1,316.1	−0.018%	$30K	$19K	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XPD	+0.0032%	1h	1,316.3	+0.001%	$404K	$153K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.254%	$16K	$20K	52x	as long as short
Bitget XPDUSDT	+0.0074%	4h	1,315.6	−0.050%	$5.0M	$219K	100x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,315	−0.101%	$171K	$4K	75x	as long as short
Aster XPDUSDT	+0.0130%	4h	1,315.9	−0.032%	$27K	$12K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0161%	8h	1,315.1	−0.090%	$321K	$486K	50x	as long as short
GRVT XPD_USDT_Perp	+0.0458%	4h	1,316.3	−0.001%	$338K	$1.0M	25x	as long as short