Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.024%
Price spread now: Injective against Variational Omni−9.152%7-day average — · 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)—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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 9.152% cheaper against Variational Omni than usual: you would sell low and buy high (−$915 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni METIS | 3.5334 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $34K | $33K | — |
| Short | Injective METIS/USDC PERP | 3.2100 | 0.0033 | get 0.0004% / 1h | 42m 36s | — | $40K | 5.5x |
Variational Omni METIS
Injective METIS/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: −9.152% → 0.000%
- −$915.22
- 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
- −$929.24
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Variational Omni and 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSD | −0.0014% | 1h | 3.5363 | +0.083% | $2K | $5K | 10x | as long as short |
| Injective METIS/USDC PERPshort | +0.0033% | 1h | 3.2100 | −9.152% | — | $40K | 5.5x | |
| Aster METISUSDT | +0.0100% | 4h | 3.5239 | −0.268% | $12K | $22K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5380 | +0.131% | $2.2M | $4.2M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5340 | +0.018% | $698K | $589K | 20x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5270 | −0.181% | $151K | $139K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5380 | +0.131% | $655K | $236K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5340 | +0.018% | $218K | $436K | 50x | as long as short |
| Variational Omni METISlong | +0.0100% | 4h | 3.5334 | long leg | $34K | $33K | — | |
| OKX METIS-USDT-SWAP | +0.0199% | 4h | 3.5390 | +0.159% | $396K | $992K | 10x | as long as short |
Kraken Futures PF_METISUSD
Aster METISUSDT
Binance METISUSDT
Bybit METISUSDT
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
OKX METIS-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.0222% | 4h | 3.5250 | −0.237% | — | $2.4M | — | as long as short |
| KuCoin METISUSDTM | +0.0370% | 4h | 3.5380 | +0.131% | $634K | $200K | 30x | as long as short |
BingX METIS-USDT
KuCoin METISUSDTM