Funding you earn now, next payment 00:00 UTC+0.4682%/8h= +512.7% APRpaid last 24h +1.424%
Price spread now: Variational Omni against Injective+1.195%106s7-day average — · 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)—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 +$140 a day on $10k at the current rate, and Variational Omni is 1.195% dearer against Injective than usual: you sell high and buy low: +$119 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 106 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 USUAL/USDC PERP | 0.01360 | −0.4582 | get 0.0573% / 1h | 9m 38s | $6K | $2K | 5.5x |
| Short | Variational Omni USUAL | 0.01376 | 0.0100 | get 0.0050% / 4h | 9m 38s | $9K | $208 | — |
Injective USUAL/USDC PERP
Variational Omni USUALFunding 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
- $983.24
- Price spread: +1.195% → 0.000%
- $119.49
- 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
- $1,102.71
- 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.
USUAL on 11 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 USUAL/USDC PERPlong | −0.4582% | 1h | 0.01360 | long leg | $6K | $2K | 5.5x | |
| Kraken Futures PF_USUALUSD | −0.0765% | 1h | 0.01376 | +1.147% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01377 | +1.250% | $396K | $197K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01376 | +1.147% | $2.1M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01378 | +1.301% | $1.0M | $822K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01377 | +1.250% | $931K | $213K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01376 | +1.169% | $6.0M | $248K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01377 | +1.250% | $280K | $61K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01377 | +1.250% | $834K | $453K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01377 | +1.228% | — | $1.2M | — | as long as short |
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUALshort | +0.0100% | 4h | 0.01376 | +1.195% | $9K | $208 | — |