Funding you earn now, next payment 07:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.010%
Price spread now: Variational Omni against Injective−2.718%76s7-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 −$1 a day on $10k at the current rate, and Variational Omni is 2.718% cheaper against Injective than usual: you would sell low and buy high (−$272 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 76 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 | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | pay 0.0004% / 1h | 18m 09s | $16K | $20K | 52x |
| Short | Variational Omni XPD | 1,296.6 | 0.0006 | get 0.0003% / 4h | 1h 18m | $535K | $24K | — |
Injective XPD/USDC PERP
Variational Omni XPDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- −$5.74
- Price spread: −2.718% → 0.000%
- −$271.77
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$277.54
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 26 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 26 min ago | 3.01 bp | doesn't fit | 52.4 bp −$524 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPD_USDT | 0.0000% | 4h | 1,296.6 | −2.719% | $2.0M | $480K | 100x | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,294.8 | −2.855% | — | $1.7M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,296.3 | −2.736% | $10K | $34K | 20x | as long as short |
| Variational Omni XPDshort | +0.0006% | 4h | 1,296.6 | −2.718% | $535K | $24K | — | |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,293.7 | −2.934% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,296.4 | −2.731% | $399K | $160K | 20x | as long as short |
| BloFin XPD-USDT | +0.0033% | 4h | 1,297.1 | −2.677% | $31K | $20K | 100x | as long as short |
| Injective XPD/USDC PERPlong | +0.0033% | 1h | 1,332.8 | long leg | $16K | $20K | 52x | |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,294.3 | −2.889% | $2.7M | $459K | 20x | as long as short |
| Binance XPDUSDT | +0.0081% | 4h | 1,296.5 | −2.721% | $3.7M | $4.8M | 100x | as long as short |
Gate XPD_USDT
SunX XPD-USDT
HTX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
BloFin XPD-USDT
tradeXYZ xyz:PALLADIUM
Binance XPDUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0086% | 4h | 1,295.8 | −2.773% | $13.0M | $271K | 100x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,295.4 | −2.808% | $168K | $7K | 75x | as long as short |
| edgeX XPDUSDC | +0.0117% | 4h | 1,296.1 | −2.751% | $37K | $205K | 10x | as long as short |
| OKX XPD-USDT-SWAP | +0.0281% | 8h | 1,296.3 | −2.739% | $323K | $476K | 50x | as long as short |
| Aster XPDUSDT | +0.0362% | 4h | 1,296.1 | −2.755% | $27K | $6K | 20x | as long as short |
| Bitget XPDUSDT | +0.0458% | 4h | 1,295.8 | −2.774% | $5.0M | $246K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0706% | 4h | 1,296.3 | −2.742% | $337K | $689K | 25x | as long as short |
MEXC XPD_USDT
KuCoin XPDUSDTM
edgeX XPDUSDC
OKX XPD-USDT-SWAP
Aster XPDUSDT
Bitget XPDUSDT
GRVT XPD_USDT_Perp