XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Binance−0.055%7-day average −0.009% · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.055%, 7d avg −0.009%

Together, before fees+0.195%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.046% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XPDUSDT	1,300	0.0044	pay 0.0022% / 4h	3h 48m	$3.8M	$4.7M	100x
Short	Variational Omni XPD	1,299.3	0	get 0.0000% / 4h	3h 48m	$536K	$24K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 BinancebpFee Variational OmnibpOrdersPrice spread, now −0.055%Rate

Funding earned: −$9.27
Price spread: −0.055% → −0.009%: −$4.59
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$23.86
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 4 min ago; Variational Omni: RFQ quote, 6 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 Binance live order book, 4 min ago	0.96 bp	10.8 bp −$11	32.0 bp −$320	143.2 bp −$14.3K	doesn't fit
Sell Variational Omni RFQ quote, 6 min ago	3.50 bp	doesn't fit	43.8 bp −$438	doesn't fit	doesn't fit

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	1,299.3	−0.055%	$536K	$24K	—
SunX XPD-USDT	0.0000%	4h	1,296.9	−0.244%	—	$1.8M	10x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,297.8	−0.169%	—	—	—	as long as short
edgeX XPDUSDC	+0.0017%	4h	1,299	−0.078%	$37K	$205K	10x	as long as short
Lighter XPD	+0.0032%	1h	1,300.1	+0.006%	$401K	$158K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.521%	$16K	$20K	52x	as long as short
MEXC XPD_USDT	+0.0040%	4h	1,298.9	−0.089%	$13.1M	$268K	100x	as long as short
Binance XPDUSDTlong	+0.0044%	4h	1,300	long leg	$3.8M	$4.7M	100x
BloFin XPD-USDT	+0.0045%	4h	1,300.5	+0.040%	$30K	$20K	100x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,297.4	−0.202%	$2.7M	$493K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XPDUSDTM	+0.0100%	4h	1,299.6	−0.032%	$169K	$5K	75x	as long as short
OKX XPD-USDT-SWAP	+0.0130%	8h	1,299.8	−0.017%	$321K	$474K	50x	as long as short
Aster XPDUSDT	+0.0196%	4h	1,298.8	−0.097%	$26K	$5K	20x	as long as short
Gate XPD_USDT	+0.0248%	4h	1,300	+0.001%	$2.0M	$469K	100x	as long as short
Bitget XPDUSDT	+0.0264%	4h	1,297.7	−0.180%	$5.0M	$240K	100x	as long as short
HTX XPD-USDT	+0.0476%	4h	1,299.5	−0.042%	$9K	$34K	20x	as long as short
GRVT XPD_USDT_Perp	+0.1372%	4h	1,298.9	−0.090%	$338K	$720K	25x	as long as short