Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.037%
Price spread now: Injective against Variational Omni−1.762%91s7-day average +2.086% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.115%+$12 on $10k
+Price spread, last 3 days (all we have)−0.840%−$84 · spread now −1.762%, 7d avg +2.086%
=Together, before fees−0.724%+ Points / potential airdropVariational Omni: Active · farm board−$72 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.848% cheaper against Variational Omni than usual: you would sell low and buy high (−$385 if the spread goes back to its 7-day average of +2.086%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.115%, so the current rate has only just turned against you. The two prices were read 91 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 FIL | 1.0032 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $452K | $269K | — |
| Short | Injective FIL/USDC PERP | 0.9855 | 0.0033 | get 0.0004% / 1h | 7m 47s | $2K | $240K | 12x |
Variational Omni FIL
Injective FIL/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: −1.762% → +2.086%
- −$384.78
- 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
- −$398.8
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; 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 RFQ quote, 61 min ago | 4.01 bp | doesn't fit | 30.2 bp −$302 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 1.0020 | −0.117% | $381K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0190% | 1h | 1.0055 | +0.229% | $1.4M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0148% | 1h | 1.0047 | +0.152% | $173K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0055% | 8h | 1.0047 | +0.152% | $18.8M | $99.4M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0044% | 8h | 1.0049 | +0.172% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0037 | +0.057% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0026 | −0.057% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERPshort | +0.0033% | 1h | 0.9855 | −1.762% | $2K | $240K | 12x | |
| Extended FIL-USD | +0.0040% | 1h | 1.0049 | +0.173% | $705K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0043% | 8h | 1.0050 | +0.186% | $58.1M | $180.3M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Binance FILUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0082% | 8h | 1.0041 | +0.092% | $246K | $105K | 50x | as long as short |
| Gate FIL_USDT | +0.0094% | 8h | 1.0049 | +0.172% | $8.5M | $16.5M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0046 | +0.145% | $161K | $353K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0050 | +0.182% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0051 | +0.196% | $514K | $582K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0048 | +0.162% | $15.8M | $19.1M | 25x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0044 | +0.122% | $11.1M | $20.5M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0047 | +0.152% | — | $11.9M | — | as long as short |
| Variational Omni FILlong | +0.0100% | 8h | 1.0032 | long leg | $452K | $269K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 1.0033 | +0.012% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0040 | +0.078% | $299K | $865K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0030 | −0.017% | $30K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0042 | +0.099% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0030 | −0.017% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0047 | +0.152% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0046 | +0.142% | $647K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0050 | +0.182% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0038 | +0.058% | $268K | — | 100x | as long as short |
MEXC FIL_USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Bitget FILUSDT
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
GMX FIL/USD [WBTC.b-USDC]