Settings8H · net · $10k
Funding arb · Price arb /

XPD

RWAall XPD markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XPD1,300.60.0240pay 0.0120% / 4h2h 10m$536K$24K
ShortgTrade (Gains Network) XPD/USD1,297.5L +0.0008% / S −0.0007%get 0.0001% / 1h10m 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 38 min ago2.80 bpdoesn't fit60.0 bp −$600doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX XPD-USDT0.0000%4h1,299.4−0.092%$1.8M10xas long as short
gTrade (Gains Network) XPD/USDshortL +0.0008% / S −0.0007%1h1,297.5−0.235%
Lighter XPD+0.0032%1h1,300.9+0.026%$401K$160K20xas long as short
Injective XPD/USDC PERP+0.0033%1h1,332.8+2.479%$16K$20K52xas long as short
Gate XPD_USDT+0.0044%4h1,301.2+0.047%$2.0M$482K100xas long as short
tradeXYZ xyz:PALLADIUM+0.0050%1h1,299.3−0.097%$2.7M$471K20xas long as short
KuCoin XPDUSDTM+0.0100%4h1,300.1−0.039%$169K$6K75xas long as short
HTX XPD-USDT+0.0152%4h1,296.6−0.302%$10K$34K20xas long as short
Variational Omni XPDlong+0.0240%4h1,300.6long leg$536K$24K
BloFin XPD-USDT+0.0356%4h1,297.7−0.222%$30K$20K100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XPDUSDT+0.0356%4h1,301.1+0.044%$3.8M$4.8M100xas long as short
MEXC XPD_USDT+0.0360%4h1,301.2+0.050%$13.1M$270K100xas long as short
OKX XPD-USDT-SWAP+0.0373%8h1,300.9+0.026%$319K$478K50xas long as short
edgeX XPDUSDC+0.0390%4h1,297.9−0.201%$37K$205K10xas long as short
Bitget XPDUSDT+0.0554%4h1,300.6+0.002%$5.0M$245K100xas long as short
Aster XPDUSDT+0.0625%4h1,300.8+0.019%$27K$5K20xas long as short
GRVT XPD_USDT_Perp+0.1004%4h1,296.5−0.313%$335K$711K25xas long as short