Funding you earn now, next payment 06:00 UTC−0.0233%/8h= −25.5% APRpaid last 24h +0.002%
Price spread now: gTrade (Gains Network) against Variational Omni−0.235%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.235% cheaper against Variational Omni than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | Variational Omni XPD | 1,300.6 | 0.0240 | pay 0.0120% / 4h | 2h 10m | $536K | $24K | — |
| Short | gTrade (Gains Network) XPD/USD | 1,297.5 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 10m 34s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$48.88
- Price spread: −0.235% → 0.000%
- −$23.47
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$82.35
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; gTrade (Gains Network): 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, 38 min ago | 2.80 bp | doesn't fit | 60.0 bp −$600 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | 1,299.4 | −0.092% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USDshort | L +0.0008% / S −0.0007% | 1h | 1,297.5 | −0.235% | — | — | — | |
| Lighter XPD | +0.0032% | 1h | 1,300.9 | +0.026% | $401K | $160K | 20x | as long as short |
| Injective XPD/USDC PERP | +0.0033% | 1h | 1,332.8 | +2.479% | $16K | $20K | 52x | as long as short |
| Gate XPD_USDT | +0.0044% | 4h | 1,301.2 | +0.047% | $2.0M | $482K | 100x | as long as short |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,299.3 | −0.097% | $2.7M | $471K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,300.1 | −0.039% | $169K | $6K | 75x | as long as short |
| HTX XPD-USDT | +0.0152% | 4h | 1,296.6 | −0.302% | $10K | $34K | 20x | as long as short |
| Variational Omni XPDlong | +0.0240% | 4h | 1,300.6 | long leg | $536K | $24K | — | |
| BloFin XPD-USDT | +0.0356% | 4h | 1,297.7 | −0.222% | $30K | $20K | 100x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPDUSDT | +0.0356% | 4h | 1,301.1 | +0.044% | $3.8M | $4.8M | 100x | as long as short |
| MEXC XPD_USDT | +0.0360% | 4h | 1,301.2 | +0.050% | $13.1M | $270K | 100x | as long as short |
| OKX XPD-USDT-SWAP | +0.0373% | 8h | 1,300.9 | +0.026% | $319K | $478K | 50x | as long as short |
| edgeX XPDUSDC | +0.0390% | 4h | 1,297.9 | −0.201% | $37K | $205K | 10x | as long as short |
| Bitget XPDUSDT | +0.0554% | 4h | 1,300.6 | +0.002% | $5.0M | $245K | 100x | as long as short |
| Aster XPDUSDT | +0.0625% | 4h | 1,300.8 | +0.019% | $27K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1004% | 4h | 1,296.5 | −0.313% | $335K | $711K | 25x | as long as short |
Variational Omni XPD
gTrade (Gains Network) XPD/USD
SunX XPD-USDT
Lighter XPD
Injective XPD/USDC PERP
Gate XPD_USDT
tradeXYZ xyz:PALLADIUM
KuCoin XPDUSDTM
HTX XPD-USDT
BloFin XPD-USDT
Binance XPDUSDT
MEXC XPD_USDT
OKX XPD-USDT-SWAP
edgeX XPDUSDC
Bitget XPDUSDT
Aster XPDUSDT
GRVT XPD_USDT_Perp