Funding you earn now, next payment 08:00 UTC−0.0277%/8h= −30.4% APRnext payment −$1.39 per $10,000 · paid last 24h −0.017%
Price spread now: Variational Omni against Bitget+0.171%7-day average +0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.171%, 7d avg +0.033%
=Together, before fees−0.135%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.138% dearer against Bitget than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of +0.033%): +$14 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 4 days (−0.042% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.042% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.39 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 | Bitget XPDUSDT | 1,295.5 | 0.0600 | pay 0.0300% / 4h | 2h 26m | $5.0M | $246K | 100x |
| Short | Variational Omni XPD | 1,297.7 | 0.0323 | get 0.0161% / 4h | 2h 26m | $535K | $24K | — |
Bitget XPDUSDT
Variational Omni XPDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- −$58.27
- Price spread: +0.171% → +0.033%
- $13.76
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$56.52
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: RFQ quote, 22 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 Bitget live order book, 1 min ago | 1.93 bp | 12.4 bp −$12 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 22 min ago | 2.80 bp | doesn't fit | 44.3 bp −$443 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,294.2 | −0.100% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,294.6 | −0.066% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,296.6 | +0.085% | $399K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.879% | $16K | $20K | 52x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,294.7 | −0.062% | $2.7M | $471K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,294.9 | −0.048% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDT | +0.0130% | 4h | 1,296.1 | +0.047% | $2.0M | $478K | 100x | as long as short |
| Variational Omni XPDshort | +0.0323% | 4h | 1,297.7 | +0.171% | $535K | $24K | — | |
| OKX XPD-USDT-SWAP | +0.0388% | 8h | 1,296.7 | +0.093% | $320K | $478K | 50x | as long as short |
| HTX XPD-USDT | +0.0390% | 4h | 1,295.7 | +0.014% | $10K | $34K | 20x | as long as short |
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
Injective XPD/USDC PERP
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Gate XPD_USDT
OKX XPD-USDT-SWAP
HTX XPD-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | +0.0409% | 4h | 1,295.5 | −0.002% | $30K | $20K | 100x | as long as short |
| edgeX XPDUSDC | +0.0423% | 4h | 1,297.7 | +0.170% | $37K | $207K | 10x | as long as short |
| MEXC XPD_USDT | +0.0438% | 4h | 1,295.8 | +0.022% | $13.0M | $269K | 100x | as long as short |
| Binance XPDUSDT | +0.0439% | 4h | 1,297.1 | +0.124% | $3.8M | $4.8M | 100x | as long as short |
| Bitget XPDUSDTlong | +0.0600% | 4h | 1,295.5 | long leg | $5.0M | $246K | 100x | |
| Aster XPDUSDT | +0.0711% | 4h | 1,296.2 | +0.050% | $26K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1210% | 4h | 1,295.3 | −0.015% | $335K | $714K | 25x | as long as short |
BloFin XPD-USDT
edgeX XPDUSDC
MEXC XPD_USDT
Binance XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp