XPD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.002%

Price spread now: Variational Omni against edgeX+0.004%59s7-day average −0.001% · you sell dearer than you buy

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

Long on edgeX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.014%+$1 · spread now +0.004%, 7d avg −0.001%

Together, before fees+0.011%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 59 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	edgeX XPDUSDC	1,316.4	0.0020	pay 0.0010% / 4h	44m 40s	$38K	$206K	10x
Short	Variational Omni XPD	1,316.5	0	get 0.0000% / 4h	44m 40s	$541K	$12K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against edgeX. 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 edgeXbpFee Variational OmnibpOrdersPrice spread, now +0.004%Rate

Funding earned: −$4.19
Price spread: +0.004% → −0.001%: $0.48
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$12.71
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 32 min ago; Variational Omni: RFQ quote, 34 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 edgeX live order book, 32 min ago	5.37 bp	11.0 bp −$11	138.8 bp −$1,388	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 34 min ago	1.90 bp	doesn't fit	52.3 bp −$523	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
tradeXYZ xyz:PALLADIUM	−0.0011%	1h	1,313.6	−0.214%	$2.7M	$524K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,316.1	−0.027%	$3.8M	$4.3M	100x	as long as short
Gate XPD_USDT	0.0000%	4h	1,316.2	−0.018%	$2.0M	$410K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,315.4	−0.077%	$13.2M	$337K	100x	as long as short
Variational Omni XPDshort	0.0000%	4h	1,316.5	+0.004%	$541K	$12K	—
SunX XPD-USDT	0.0000%	4h	1,315.3	−0.083%	—	$1.9M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,316.3	−0.010%	$10K	$33K	20x	as long as short
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,312.8	−0.277%	—	—	—	as long as short
edgeX XPDUSDClong	+0.0020%	4h	1,316.4	long leg	$38K	$206K	10x
BloFin XPD-USDT	+0.0020%	4h	1,316.1	−0.028%	$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	−0.009%	$404K	$153K	20x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+1.244%	$16K	$20K	52x	as long as short
Bitget XPDUSDT	+0.0074%	4h	1,315.3	−0.085%	$5.0M	$219K	100x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,314.6	−0.135%	$171K	$4K	75x	as long as short
Aster XPDUSDT	+0.0130%	4h	1,315.4	−0.076%	$27K	$12K	20x	as long as short
OKX XPD-USDT-SWAP	+0.0161%	8h	1,315.1	−0.101%	$321K	$486K	50x	as long as short
GRVT XPD_USDT_Perp	+0.0458%	4h	1,316.3	−0.011%	$338K	$1.0M	25x	as long as short