Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.037%
Price spread now: Variational Omni against Injective+0.678%46s7-day average −2.124% · 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)−0.115%−$11 on $10k
+Price spread, last 3 days (all we have)+1.316%+$132 · spread now +0.678%, 7d avg −2.124%
=Together, before fees+1.201%+ Points / potential airdropVariational Omni: Active · farm board+$120 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 2.802% dearer against Injective than usual: you sell high and buy low: +$280 more if the spread goes back to its 7-day average of −2.124%. Mind the row above: over the last 3 days funding on this pair cost −0.115%, so the current rate has only just turned in your favour. 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 | Injective FIL/USDC PERP | 0.9855 | 0.0033 | pay 0.0004% / 1h | 18m 28s | $2K | $240K | 12x |
| Short | Variational Omni FIL | 0.9922 | 0.0100 | get 0.0100% / 8h | 7h 18m | $446K | $279K | — |
Injective FIL/USDC PERP
Variational Omni FILFunding 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: +0.678% → −2.124%
- $280.23
- 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
- $294.21
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 56 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, 56 min ago | 3.55 bp | doesn't fit | 31.9 bp −$319 | 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.
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0453% | 1h | 0.9951 | +0.974% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0330% | 1h | 0.9934 | +0.803% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9933 | +0.791% | $319K | $1.8M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0042% | 8h | 0.9926 | +0.720% | $18.0M | $97.4M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 0.9908 | +0.538% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9949 | +0.952% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9913 | +0.584% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0030% | 8h | 0.9926 | +0.723% | $57.4M | $177.7M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9911 | +0.573% | $695K | $3.3M | 10x | as long as short |
| Injective FIL/USDC PERPlong | +0.0033% | 1h | 0.9855 | long leg | $2K | $240K | 12x |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0065% | 8h | 0.9909 | +0.548% | $245K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0072% | 8h | 0.9926 | +0.720% | $10.9M | $21.2M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9908 | +0.537% | $158K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9932 | +0.777% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9920 | +0.664% | $505K | $558K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9930 | +0.761% | $15.5M | $18.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9915 | +0.609% | $8.2M | $16.2M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9914 | +0.599% | — | $11.8M | — | as long as short |
| Variational Omni FILshort | +0.0100% | 8h | 0.9922 | +0.678% | $446K | $279K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9917 | +0.628% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9921 | +0.672% | $295K | $837K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | +0.660% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9956 | +1.025% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9940 | +0.863% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9929 | +0.751% | $487 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9954 | +1.005% | $635K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | +0.660% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0119% | 8h | 0.9942 | +0.883% | $2.7M | $589K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0543% / S −0.0538% | 1h | 0.9950 | +0.964% | $198K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]