Funding you earn now, next payment 06:00 UTC+0.0195%/8h= +21.3% APRpaid last 24h −0.010%
Price spread now: Variational Omni against Injective−2.367%91s7-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
Funding pays, the price is against you. Variational Omni is 2.367% cheaper against Injective than usual: you would sell low and buy high (spread −2.367% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$237 on $10k: about 41 days of funding at the current rate (+$6 a day). The two prices were read 91 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 | 49m 54s | $16K | $20K | 52x |
| Short | Variational Omni XPD | 1,301.3 | 0.0228 | get 0.0114% / 4h | 2h 49m | $537K | $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
- $40.9
- Price spread: −2.367% → 0.000%
- −$236.67
- 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
- −$195.78
- Costs to cover
- 0.000%
- Break-even
- 40.5 days
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 64 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, 64 min ago | 3.50 bp | doesn't fit | 43.8 bp −$438 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX XPD-USDT | 0.0000% | 4h | 1,299.2 | −2.525% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,299.5 | −2.498% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,301.7 | −2.333% | $401K | $160K | 20x | 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 | 1,298.9 | −2.544% | $2.7M | $472K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,299.2 | −2.522% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDT | +0.0128% | 4h | 1,301.4 | −2.358% | $2.0M | $470K | 100x | as long as short |
| Variational Omni XPDshort | +0.0228% | 4h | 1,301.3 | −2.367% | $537K | $24K | — | |
| OKX XPD-USDT-SWAP | +0.0312% | 8h | 1,301.6 | −2.341% | $322K | $473K | 50x | as long as short |
| edgeX XPDUSDC | +0.0344% | 4h | 1,300.2 | −2.446% | $37K | $205K | 10x | as long as short |
SunX XPD-USDT
gTrade (Gains Network) XPD/USD
Lighter XPD
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
Gate XPD_USDT
OKX XPD-USDT-SWAP
edgeX XPDUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XPD_USDT | +0.0362% | 4h | 1,299.2 | −2.522% | $13.1M | $268K | 100x | as long as short |
| Binance XPDUSDT | +0.0363% | 4h | 1,301.2 | −2.371% | $3.8M | $4.7M | 100x | as long as short |
| BloFin XPD-USDT | +0.0416% | 4h | 1,302.3 | −2.291% | $30K | $20K | 100x | as long as short |
| HTX XPD-USDT | +0.0443% | 4h | 1,301.1 | −2.375% | $10K | $34K | 20x | as long as short |
| Bitget XPDUSDT | +0.0532% | 4h | 1,299.4 | −2.503% | $5.0M | $242K | 100x | as long as short |
| Aster XPDUSDT | +0.0604% | 4h | 1,300.1 | −2.451% | $27K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1254% | 4h | 1,300.2 | −2.445% | $336K | $718K | 25x | as long as short |
MEXC XPD_USDT
Binance XPDUSDT
BloFin XPD-USDT
HTX XPD-USDT
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp