Funding you earn now, next payment 08:00 UTC−0.0358%/8h= −39.2% APRpaid last 24h −0.059%
Price spread now: Variational Omni against OKX−0.135%7-day average −0.045% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.135%, 7d avg −0.045%
=Together, before fees+0.072%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.090% cheaper against OKX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.052% in total (about -5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XPT-USDT-SWAP | 1,785.8 | 0.1175 | pay 0.1175% / 8h | 56m 42s | $1.0M | $748K | 50x |
| Short | Variational Omni XPT | 1,783.4 | 0.0817 | get 0.0408% / 4h | 56m 42s | $263K | $185K | — |
OKX XPT-USDT-SWAP
Variational Omni XPTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- −$75.26
- Price spread: −0.135% → −0.045%
- −$9.04
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$94.3
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, 47 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 OKX live order book, 5 min ago | 0.28 bp | 9.6 bp −$10 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 47 min ago | 2.72 bp | doesn't fit | 25.4 bp −$254 | doesn't fit | doesn't fit |
XPT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,785.7 | −0.004% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,783.1 | −0.153% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,782.3 | −0.196% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,783.2 | −0.146% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,783 | −0.157% | $13K | $29K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0194% | 4h | 1,784.5 | −0.071% | $239K | $42K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,802.2 | +0.919% | $6K | $34K | 52x | as long as short |
| Lighter XPT | +0.0352% | 1h | 1,785.9 | +0.006% | $355K | $24K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0387% | 8h | 1,784.5 | −0.072% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0480% | 1h | 1,785.7 | −0.006% | $304 | — | 10x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Lighter XPT
Paradex XPT-USD-PERP
Aevo PLATINUM-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XPT_USDT | +0.0648% | 4h | 1,786.6 | +0.043% | $714K | $533K | 100x | as long as short |
| Extended XPT-USD | +0.0704% | 1h | 1,783.1 | −0.150% | $202K | $631K | 10x | as long as short |
| Aster XPTUSDT | +0.0753% | 4h | 1,784.1 | −0.093% | $15K | $10K | 20x | as long as short |
| Variational Omni XPTshort | +0.0817% | 4h | 1,783.4 | −0.135% | $263K | $185K | — | |
| Binance XPTUSDT | +0.0822% | 4h | 1,784.9 | −0.050% | $4.6M | $5.0M | 100x | as long as short |
| MEXC XPT_USDT | +0.0836% | 4h | 1,784.9 | −0.053% | $23.3M | $648K | 100x | as long as short |
| Bitget XPTUSDT | +0.0872% | 4h | 1,784.3 | −0.084% | $1.4M | $500K | 100x | as long as short |
| edgeX XPTUSDC | +0.0873% | 4h | 1,784.1 | −0.095% | $39K | $280K | 10x | as long as short |
| BloFin XPT-USDT | +0.0893% | 4h | 1,785.8 | −0.001% | $96K | $69K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0978% | 4h | 1,783.1 | −0.151% | $204K | $779K | 25x | as long as short |
| OKX XPT-USDT-SWAPlong | +0.1175% | 8h | 1,785.8 | long leg | $1.0M | $748K | 50x |
Gate XPT_USDT
Extended XPT-USD
Aster XPTUSDT
Binance XPTUSDT
MEXC XPT_USDT
Bitget XPTUSDT
edgeX XPTUSDC
BloFin XPT-USDT
GRVT XPT_USDT_Perp