Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.024%
Price spread now: Variational Omni against Injective+8.813%46s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 8.813% dearer against Injective than usual: you sell high and buy low: +$881 more if the spread goes back to zero (this spread has no 7-day history yet). 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 METIS/USDC PERP | 3.2100 | 0.0033 | pay 0.0004% / 1h | 12m 23s | — | $40K | 5.5x |
| Short | Variational Omni METIS | 3.4929 | 0.0100 | get 0.0050% / 4h | 3h 12m | $33K | $34K | — |
Injective METIS/USDC PERP
Variational Omni METISFunding 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: +8.813% → 0.000%
- $881.27
- 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
- $895.25
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Injective and Variational Omni: 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.
METIS on 12 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 METIS/USDC PERPlong | +0.0033% | 1h | 3.2100 | long leg | — | $40K | 5.5x | |
| Aster METISUSDT | +0.0100% | 4h | 3.4873 | +8.639% | $11K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.4821 | +8.477% | $2.1M | $4.3M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.4870 | +8.629% | $694K | $595K | 20x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.4820 | +8.474% | $385K | $985K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.4840 | +8.536% | $143K | $139K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.4830 | +8.505% | $696K | $238K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.4860 | +8.598% | $207K | $448K | 50x | as long as short |
| BingX METIS-USDT | +0.0100% | 4h | 3.4860 | +8.598% | — | $2.4M | — | as long as short |
| Variational Omni METISshort | +0.0100% | 4h | 3.4929 | +8.813% | $33K | $34K | — |
Aster METISUSDT
Binance METISUSDT
Bybit METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
BingX METIS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSD | +0.0185% | 1h | 3.4837 | +8.528% | $2K | $3K | 10x | as long as short |
| KuCoin METISUSDTM | +0.0956% | 4h | 3.4960 | +8.910% | $630K | $193K | 30x | as long as short |
Kraken Futures PF_METISUSD
KuCoin METISUSDTM