Funding arb · Price arb /

XPD

RWAall XPD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against SunX+0.073%7-day average +0.019% · you sell dearer than you buy

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

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.073%, 7d avg +0.019%

Together, before fees−0.042%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.054% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XPD-USDT	1,295.2	0	get 0.0000% / 4h	47m 07s	—	$1.5M	10x
Short	Variational Omni XPD	1,296.1	0	get 0.0000% / 4h	47m 07s	$527K	$28K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → +0.019%: $5.41
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.59
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 11 min ago; Variational Omni: RFQ quote, 60 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 SunX live order book, 11 min ago	900.04 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 60 min ago	2.09 bp	doesn't fit	46.8 bp −$468	doesn't fit	doesn't fit

XPD on 17 exchanges

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
Aster XPDUSDT	0.0000%	4h	1,295.4	+0.014%	$27K	$7K	20x	as long as short
Binance XPDUSDT	0.0000%	4h	1,295.8	+0.051%	$3.7M	$5.4M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,296.3	+0.086%	$343K	$589K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,296	+0.064%	$2.0M	$484K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,295.8	+0.046%	$13.6M	$421K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,295.8	+0.050%	$5.0M	$324K	100x	as long as short
Variational Omni XPDshort	0.0000%	4h	1,296.1	+0.073%	$527K	$28K	—
SunX XPD-USDTlong	0.0000%	4h	1,295.2	long leg	—	$1.5M	10x
HTX XPD-USDT	0.0000%	4h	1,295.9	+0.058%	$10K	$36K	20x	as long as short
BloFin XPD-USDT	+0.0007%	4h	1,296.6	+0.110%	$33K	$23K	100x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XPD/USD	L +0.0008% / S −0.0007%	1h	1,294.1	−0.080%	—	—	—	as long as short
edgeX XPDUSDC	+0.0018%	4h	1,295.6	+0.033%	$37K	$206K	10x	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.905%	$16K	$20K	52x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,294.4	−0.060%	$2.7M	$555K	20x	as long as short
Lighter XPD	+0.0088%	1h	1,296.3	+0.086%	$398K	$159K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,295.8	+0.047%	$168K	$7K	75x	as long as short
GRVT XPD_USDT_Perp	+0.0172%	4h	1,295.6	+0.036%	$336K	$622K	25x	as long as short