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Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0453%/8h= +49.6% APRpaid last 24h −0.019%

Price spread now: Variational Omni against Injective−2.618%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Variational Omni

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Variational Omni is 2.618% cheaper against Injective than usual: you would sell low and buy high (spread −2.618% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$262 on $10k: about 19 days of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective AR/USDC PERP	4.6110	−0.0353	get 0.0044% / 1h	32m 46s	$2K	$2K	5.5x
Short	Variational Omni AR	4.4903	0.0100	get 0.0100% / 8h	6h 32m	$140K	$165K	—

Funding 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

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Variational OmnibpOrdersPrice spread, now −2.618%Rate

Funding earned: $95.12
Price spread: −2.618% → 0.000%: −$261.76
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: −$166.65
Costs to cover: 0.000%
Break-even: 19.3 days

Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 36 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 Injective no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 36 min ago	4.88 bp	doesn't fit	160.8 bp −$1,608	doesn't fit	doesn't fit

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.

AR on 16 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
Kraken Futures PF_ARUSD	−0.1696%	1h	4.5176	−2.026%	$55K	$149K	20x	as long as short
Injective AR/USDC PERPlong	−0.0353%	1h	4.6110	long leg	$2K	$2K	5.5x
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.5077	−2.240%	$579K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0130%	8h	4.5130	−2.125%	$2.3M	$19.3M	20x	as long as short
Extended AR-USD	+0.0032%	1h	4.5078	−2.238%	$37K	$238K	10x	as long as short
MEXC AR_USDT	+0.0032%	8h	4.5140	−2.104%	$6.4M	$4.3M	100x	as long as short
Binance ARUSDT	+0.0033%	8h	4.5140	−2.104%	$9.0M	$53.0M	75x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5162	−2.056%	$4.1M	$4.7M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5085	−2.223%	$26K	$493K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5109	−2.171%	$4.5M	$8.4M	75x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.5110	−2.169%	$2.5M	$2.1M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5130	−2.125%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5090	−2.212%	$3.9M	$5.4M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5070	−2.255%	—	$2.9M	—	as long as short
Variational Omni ARshort	+0.0100%	8h	4.4903	−2.618%	$140K	$165K	—
ApeX Omni ARUSDT	+0.0100%	1h	4.4900	−2.624%	$20K	$742K	50x	as long as short