Funding you earn now, next payment 06:00 UTC−0.0195%/8h= −21.3% APRpaid last 24h +0.010%
Price spread now: Injective against Variational Omni+2.424%46s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Injective is 2.424% dearer against Variational Omni than usual: you sell high and buy low (spread +2.424% now, against zero (this spread has no 7-day history yet)): +$242 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 41 days. The two prices were read 46 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 | 1,301.3 | 0.0228 | pay 0.0114% / 4h | 2h 48m | $537K | $24K | — |
| Short | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | get 0.0004% / 1h | 48m 22s | $16K | $20K | 52x |
Variational Omni XPD
Injective XPD/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$40.9
- Price spread: +2.424% → 0.000%
- $242.4
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $201.48
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Injective: 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, 1 min ago | 2.80 bp | doesn't fit | 60.0 bp −$600 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | 1,298.9 | −0.179% | — | $1.8M | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,299.8 | −0.110% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,301.9 | +0.049% | $402K | $160K | 20x | as long as short |
| Injective XPD/USDC PERPshort | +0.0033% | 1h | 1,332.8 | +2.424% | $16K | $20K | 52x | |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,299.1 | −0.166% | $2.7M | $472K | 20x | as long as short |
| KuCoin XPDUSDTM | +0.0100% | 4h | 1,300.6 | −0.051% | $169K | $6K | 75x | as long as short |
| Gate XPD_USDT | +0.0124% | 4h | 1,301.5 | +0.017% | $2.0M | $470K | 100x | as long as short |
| Variational Omni XPDlong | +0.0228% | 4h | 1,301.3 | long leg | $537K | $24K | — | |
| OKX XPD-USDT-SWAP | +0.0316% | 8h | 1,301.5 | +0.019% | $322K | $473K | 50x | as long as short |
| edgeX XPDUSDC | +0.0344% | 4h | 1,300.2 | −0.081% | $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 | 1,299.5 | −0.137% | $13.1M | $268K | 100x | as long as short |
| Binance XPDUSDT | +0.0364% | 4h | 1,301.8 | +0.039% | $3.8M | $4.7M | 100x | as long as short |
| BloFin XPD-USDT | +0.0374% | 4h | 1,301.8 | +0.039% | $30K | $20K | 100x | as long as short |
| HTX XPD-USDT | +0.0439% | 4h | 1,301.1 | −0.011% | $10K | $34K | 20x | as long as short |
| Bitget XPDUSDT | +0.0536% | 4h | 1,299.8 | −0.114% | $5.0M | $242K | 100x | as long as short |
| Aster XPDUSDT | +0.0610% | 4h | 1,300.7 | −0.046% | $27K | $5K | 20x | as long as short |
| GRVT XPD_USDT_Perp | +0.1246% | 4h | 1,301.2 | −0.001% | $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