Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Variational Omni against Injective+5.232%106s7-day average — · 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)—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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 5.232% dearer against Injective than usual: you sell high and buy low: +$523 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 106 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 | Injective 2Z/USDC PERP | 0.04980 | 0.0033 | pay 0.0004% / 1h | 17m 39s | $867 | $213 | 5.5x |
| Short | Variational Omni 2Z | 0.05241 | 0.0100 | get 0.0050% / 4h | 1h 17m | $33K | $29K | — |
Injective 2Z/USDC PERP
Variational Omni 2ZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $14
- Price spread: +5.232% → 0.000%
- $523.15
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $537.13
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Injective and Variational Omni: 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.
2Z 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack 2Z_USDC_PERP | −0.0390% | 1h | 0.05223 | +4.880% | $45K | $29K | 5x | as long as short |
| Injective 2Z/USDC PERPlong | +0.0033% | 1h | 0.04980 | long leg | $867 | $213 | 5.5x | |
| Lighter 2Z | +0.0096% | 1h | 0.05239 | +5.201% | $17K | $8K | 3x | as long as short |
| Hyperliquid 2Z | +0.0100% | 1h | 0.05232 | +5.052% | $667K | $368K | 3x | as long as short |
| Aster 2ZUSDT | +0.0100% | 4h | 0.05231 | +5.044% | $12K | $57K | 5x | as long as short |
| Pacifica 2Z | +0.0100% | 1h | 0.05233 | +5.078% | $75K | $14K | 3x | as long as short |
| Binance 2ZUSDT | +0.0100% | 4h | 0.05232 | +5.064% | $2.1M | $2.3M | 50x | as long as short |
| Bybit 2ZUSDT | +0.0100% | 4h | 0.05236 | +5.141% | $685K | $959K | 50x | as long as short |
| OKX 2Z-USDT-SWAP | +0.0100% | 4h | 0.05230 | +5.020% | $452K | $709K | 20x | as long as short |
| Gate 2Z_USDT | +0.0100% | 4h | 0.05229 | +5.000% | $91K | $68K | 50x | as long as short |
Backpack 2Z_USDC_PERP
Lighter 2Z
Hyperliquid 2Z
Aster 2ZUSDT
Pacifica 2Z
Binance 2ZUSDT
Bybit 2ZUSDT
OKX 2Z-USDT-SWAP
Gate 2Z_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC 2Z_USDT | +0.0100% | 4h | 0.05237 | +5.161% | $296K | $125K | 50x | as long as short |
| KuCoin 2ZUSDTM | +0.0100% | 4h | 0.05234 | +5.092% | $193K | $52K | 50x | as long as short |
| Bitget 2ZUSDT | +0.0100% | 4h | 0.05235 | +5.120% | $157K | $632K | 50x | as long as short |
| BingX 2Z-USDT | +0.0100% | 4h | 0.05231 | +5.040% | — | $6.5M | — | as long as short |
| Variational Omni 2Zshort | +0.0100% | 4h | 0.05241 | +5.232% | $33K | $29K | — | |
| SunX 2Z-USDT | +0.0100% | 4h | 0.05233 | +5.080% | $2K | $1.2M | 20x | as long as short |
| Kraken Futures PF_2ZUSD | +0.2481% | 1h | 0.05236 | +5.141% | $6K | $3K | 10x | as long as short |
MEXC 2Z_USDT
KuCoin 2ZUSDTM
Bitget 2ZUSDT
BingX 2Z-USDT
SunX 2Z-USDT
Kraken Futures PF_2ZUSD