Settings8H · net · $10k
Funding arb · Price arb /

SAFE

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Variational Omni−7.219%61s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno 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 7.219% cheaper against Variational Omni than usual: you would sell low and buy high (−$722 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SAFE0.10800.0100pay 0.0050% / 4h2h 10m$3K$3K
ShortInjective SAFE/USDC PERP0.10020.0033get 0.0004% / 1h10m 14s$9$19K5.5x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: −7.219% → 0.000%
−$721.89
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
−$735.91
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
LegHalf-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.

SAFE on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SAFE/USDC PERPshort+0.0033%1h0.1002−7.219%$9$19K5.5x
Binance SAFEUSDT+0.0100%4h0.1083+0.238%$1.1M$2.1M50xas long as short
Bybit SAFEUSDT+0.0100%4h0.1081+0.068%$1.3M$642K25xas long as short
MEXC SAFE_USDT+0.0100%4h0.1082+0.226%$394K$131K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1082+0.189%$396K$266K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1082+0.207%$6.5Mas long as short
Variational Omni SAFElong+0.0100%4h0.1080long leg$3K$3K
Gate SAFE_USDT+0.0510%4h0.1083+0.318%$706K$70K50xas long as short