Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.012%
Price spread now: Bybit against Variational Omni+0.493%7-day average −0.008% · 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)+0.015%+$2 on $10k
+Price spread, last 3 days (all we have)−0.612%−$61 · spread now +0.493%, 7d avg −0.008%
=Together, before fees−0.597%+ Points / potential airdropVariational Omni: Active · farm board−$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.501% dearer against Variational Omni than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni INJ | 7.7552 | 0.0087 | pay 0.0087% / 8h | 1h 55m | $271K | $157K | — |
| Short | Bybit INJUSDT | 7.7934 | 0.0100 | get 0.0100% / 8h | 1h 55m | $21.6M | $31.9M | 50x |
Variational Omni INJ
Bybit INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $2.66
- Price spread: +0.493% → −0.008%
- $50.1
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $41.77
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Bybit: live order book, 3 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 Variational Omni RFQ quote, 29 min ago | 3.35 bp | doesn't fit | 39.4 bp −$394 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.64 bp | 20.4 bp −$20 | 47.3 bp −$473 | 137.9 bp −$13.8K | doesn't fit |
INJ on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7962 | +0.530% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7888 | +0.434% | $90K | $10K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7900 | +0.449% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7838 | +0.370% | $3K | — | 150x | as long as short |
| Variational Omni INJlong | +0.0087% | 8h | 7.7552 | long leg | $271K | $157K | — | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7847 | +0.381% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7870 | +0.411% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7960 | +0.527% | $888K | $3.2M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7947 | +0.510% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7984 | +0.558% | $35.6M | $94.6M | 75x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDTshort | +0.0100% | 8h | 7.7934 | +0.493% | $21.6M | $31.9M | 50x | |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7940 | +0.501% | $6.4M | $20.2M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7920 | +0.475% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7900 | +0.449% | $9.4M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7970 | +0.540% | $14.4M | $10.8M | 75x | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7680 | +0.166% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7952 | +0.516% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7790 | +0.308% | $1.8M | $7.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7920 | +0.475% | — | $21.3M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7980 | +0.553% | $31.9M | $22.6M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0391% | 1h | 7.7851 | +0.386% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8050 | +0.643% | $390K | $697K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.7980 | +0.553% | $319K | $12.1M | 30x | as long as short |
| Hyperliquid INJ | +0.1437% | 1h | 7.8110 | +0.720% | $26.9M | $9.4M | 5x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP
Hyperliquid INJ