Funding you earn now, next payment 08:00 UTC−0.0293%/8h= −32.1% APRnext payment −$1.46 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against Variational Omni−0.034%7-day average −0.003% · 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)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.034%, 7d avg −0.003%
=Together, before fees+0.074%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.003%). Swap the legs. 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 −$1.46 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 | 1,794.5 | 0.0999 | pay 0.0499% / 4h | 3h 39m | $280K | $199K | — |
| Short | KuCoin XPTUSDTM | 1,793.9 | 0.0706 | get 0.0353% / 4h | 3h 39m | $248K | $40K | 75x |
Funding 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
- −$61.52
- Price spread: −0.034% → −0.003%
- −$3.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$76.67
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; KuCoin: live order book, 31 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, 14 min ago | 1.95 bp | doesn't fit | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 31 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 | 1,794.3 | −0.012% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,790.7 | −0.212% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,791.4 | −0.171% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,793.3 | −0.065% | $13K | $29K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +1.069% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0296% | 1h | 1,795.1 | +0.035% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0424% | 1h | 1,792.9 | −0.087% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTMshort | +0.0706% | 4h | 1,793.9 | −0.034% | $248K | $40K | 75x | |
| Gate XPT_USDT | +0.0708% | 4h | 1,795.6 | +0.064% | $730K | $509K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0840% | 8h | 1,794.6 | +0.005% | $3K | — | 5x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPT | +0.0840% | 1h | 1,795.6 | +0.063% | $355K | $19K | 20x | as long as short |
| Aster XPTUSDT | +0.0993% | 4h | 1,793.2 | −0.069% | $14K | $9K | 20x | as long as short |
| Variational Omni XPTlong | +0.0999% | 4h | 1,794.5 | long leg | $280K | $199K | — | |
| edgeX XPTUSDC | +0.1044% | 4h | 1,795 | +0.029% | $39K | $281K | 10x | as long as short |
| MEXC XPT_USDT | +0.1054% | 4h | 1,793.5 | −0.053% | $23.5M | $600K | 100x | as long as short |
| Binance XPTUSDT | +0.1058% | 4h | 1,794.8 | +0.019% | $4.5M | $4.3M | 100x | as long as short |
| BloFin XPT-USDT | +0.1074% | 4h | 1,794.9 | +0.022% | $89K | $68K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1123% | 8h | 1,794.8 | +0.019% | $950K | $630K | 50x | as long as short |
| Bitget XPTUSDT | +0.1142% | 4h | 1,793.6 | −0.046% | $1.4M | $469K | 100x | as long as short |
| Extended XPT-USD | +0.1152% | 1h | 1,790.7 | −0.209% | $203K | $613K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1322% | 4h | 1,795.5 | +0.055% | $208K | $810K | 25x | as long as short |
Variational Omni XPT
KuCoin XPTUSDTM
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Paradex XPT-USD-PERP
Lighter XPT
Aster XPTUSDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
BloFin XPT-USDT
OKX XPT-USDT-SWAP
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp