Funding arb · Price arb /

XPD

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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 +0.017%

Price spread now: Aster against Variational Omni+0.064%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

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 · Aster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.064% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XPD	1,294.8	0	get 0.0000% / 4h	1h 54m	$526K	$29K	—
Short	Aster XPDUSDT	1,295.6	0	get 0.0000% / 4h	1h 54m	$27K	$7K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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 Variational OmnibpFee AsterbpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → 0.000%: $6.42
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$1.58
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 58 min ago; Aster: no order-book sample. 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 Variational Omni RFQ quote, 58 min ago	6.07 bp	doesn't fit	51.6 bp −$516	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 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
edgeX XPDUSDC	−0.0019%	4h	1,293.4	−0.107%	$37K	$205K	10x	as long as short
Aster XPDUSDTshort	0.0000%	4h	1,295.6	+0.064%	$27K	$7K	20x
Binance XPDUSDT	0.0000%	4h	1,294.9	+0.010%	$3.7M	$5.3M	100x	as long as short
OKX XPD-USDT-SWAP	0.0000%	8h	1,294.5	−0.024%	$342K	$572K	50x	as long as short
Gate XPD_USDT	0.0000%	4h	1,295.2	+0.033%	$2.0M	$486K	100x	as long as short
MEXC XPD_USDT	0.0000%	4h	1,295	+0.011%	$13.6M	$376K	100x	as long as short
Bitget XPDUSDT	0.0000%	4h	1,294	−0.061%	$5.0M	$309K	100x	as long as short
Variational Omni XPDlong	0.0000%	4h	1,294.8	long leg	$526K	$29K	—
SunX XPD-USDT	0.0000%	4h	1,292.4	−0.186%	—	$1.5M	10x	as long as short
HTX XPD-USDT	0.0000%	4h	1,294.8	−0.002%	$10K	$35K	20x	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	1,293.2	−0.123%	—	—	—	as long as short
Injective XPD/USDC PERP	+0.0033%	1h	1,332.8	+2.934%	$16K	$20K	52x	as long as short
BloFin XPD-USDT	+0.0044%	4h	1,295.1	+0.020%	$33K	$23K	100x	as long as short
tradeXYZ xyz:PALLADIUM	+0.0050%	1h	1,293.6	−0.094%	$2.6M	$570K	20x	as long as short
KuCoin XPDUSDTM	+0.0100%	4h	1,294.4	−0.034%	$168K	$7K	75x	as long as short
Lighter XPD	+0.0200%	1h	1,295	+0.014%	$398K	$159K	20x	as long as short
GRVT XPD_USDT_Perp	+0.0212%	4h	1,294.7	−0.011%	$335K	$623K	25x	as long as short