Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Variational Omni−3.004%46s7-day average — · 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)—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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.004% cheaper against Variational Omni than usual: you would sell low and buy high (−$300 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 A | 0.09222 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $1K | $1 | — |
| Short | Injective A/USDC PERP | 0.08945 | 0.0033 | get 0.0004% / 1h | 32m 25s | $1K | $5 | 5.5x |
Variational Omni A
Injective A/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
- −$14
- Price spread: −3.004% → 0.000%
- −$300.44
- 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
- −$314.46
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Variational Omni and 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.
A on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERPshort | +0.0033% | 1h | 0.08945 | −3.004% | $1K | $5 | 5.5x | |
| BloFin A-USDT | +0.0076% | 4h | 0.09223 | +0.010% | $149K | $7K | 75x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09226 | +0.039% | $2.9M | $3.2M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09215 | −0.077% | $3.2M | $972K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09221 | −0.012% | $735K | $509K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09228 | +0.064% | $217K | $67K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09225 | +0.032% | $4.0M | $138K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09248 | +0.281% | $672K | $47K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09232 | +0.108% | $883K | $190K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09226 | +0.043% | — | $6.5M | — | as long as short |
BloFin A-USDT
Binance AUSDT
Bybit AUSDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni Along | +0.0100% | 4h | 0.09222 | long leg | $1K | $1 | — |