Funding you earn now, next payment 04:00 UTC+0.0461%/8h= +50.5% APRpaid last 24h −0.007%
Price spread now: Variational Omni against tradeXYZ+0.124%7-day average +0.102% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.124%, 7d avg +0.102%
=Together, before fees−0.083%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Variational Omni is 0.022% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.102%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.034% in total (about -3.5% 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 | tradeXYZ xyz:PLATINUM | 1,793 | 0.0243 | pay 0.0030% / 1h | 34m 31s | $3.5M | $977K | 20x |
| Short | Variational Omni XPT | 1,795.2 | 0.0704 | get 0.0352% / 4h | 34m 31s | $279K | $213K | — |
tradeXYZ xyz:PLATINUM
Variational Omni XPTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- $96.79
- Price spread: +0.124% → +0.102%
- $2.15
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $80.94
- Costs to cover
- 0.180%
- Break-even
- 1.1 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; Variational Omni: RFQ quote, 24 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 tradeXYZ live order book, 4 min ago | 1.39 bp | 13.5 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 24 min ago | 3.09 bp | doesn't fit | 26.8 bp −$268 | 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 | 1,794.2 | +0.069% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,791.6 | −0.080% | $230 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,792.5 | −0.028% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,791.2 | −0.099% | $13K | $29K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0128% | 1h | 1,795.1 | +0.117% | $305 | — | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.3 | +1.133% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUMlong | +0.0243% | 1h | 1,793 | long leg | $3.5M | $977K | 20x | |
| Gate XPT_USDT | +0.0428% | 4h | 1,796.6 | +0.199% | $639K | $441K | 100x | as long as short |
| KuCoin XPTUSDTM | +0.0590% | 4h | 1,795.4 | +0.134% | $200K | $17K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0635% | 8h | 1,795 | +0.109% | $3K | — | 5x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
Gate XPT_USDT
KuCoin XPTUSDTM
Paradex XPT-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XPTUSDT | +0.0688% | 4h | 1,793.5 | +0.027% | $14K | $10K | 20x | as long as short |
| Variational Omni XPTshort | +0.0704% | 4h | 1,795.2 | +0.124% | $279K | $213K | — | |
| Extended XPT-USD | +0.0720% | 1h | 1,791.6 | −0.077% | $202K | $612K | 10x | as long as short |
| edgeX XPTUSDC | +0.0748% | 4h | 1,795.2 | +0.124% | $39K | $282K | 10x | as long as short |
| Lighter XPT | +0.0752% | 1h | 1,796.3 | +0.184% | $355K | $15K | 20x | as long as short |
| Binance XPTUSDT | +0.0760% | 4h | 1,795.1 | +0.115% | $4.3M | $3.8M | 100x | as long as short |
| MEXC XPT_USDT | +0.0762% | 4h | 1,793.7 | +0.041% | $23.5M | $644K | 100x | as long as short |
| BloFin XPT-USDT | +0.0775% | 4h | 1,794.7 | +0.093% | $88K | $67K | 100x | as long as short |
| Bitget XPTUSDT | +0.0874% | 4h | 1,794.1 | +0.060% | $1.3M | $389K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.0937% | 8h | 1,796.7 | +0.206% | $937K | $560K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1154% | 4h | 1,795.5 | +0.141% | $204K | $815K | 25x | as long as short |
Aster XPTUSDT
Extended XPT-USD
edgeX XPTUSDC
Lighter XPT
Binance XPTUSDT
MEXC XPT_USDT
BloFin XPT-USDT
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp