Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.020%
Price spread now: Variational Omni against Injective−1.274%61s7-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
Funding pays, the price is against you. Variational Omni is 1.274% cheaper against Injective than usual: you would sell low and buy high (spread −1.274% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$127 on $10k: about 2 months of funding at the current rate (+$2 a day). The two prices were read 61 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 XTZ/USDC PERP | 0.3484 | 0.0033 | pay 0.0004% / 1h | 40m 20s | $62 | $17K | 5.5x |
| Short | Variational Omni XTZ | 0.3440 | 0.0100 | get 0.0050% / 4h | 1h 40m | $123K | $296K | — |
Injective XTZ/USDC PERP
Variational Omni XTZFunding 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: −1.274% → 0.000%
- −$127.43
- 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
- −$113.45
- Costs to cover
- 0.000%
- Break-even
- 63.7 days
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 44 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 44 min ago | 7.24 bp | doesn't fit | 126.1 bp −$1,261 | doesn't fit | doesn't fit |
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.
XTZ 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_XTZUSD | −0.0589% | 1h | 0.3444 | −1.146% | $279K | $217K | 50x | as long as short |
| Injective XTZ/USDC PERPlong | +0.0033% | 1h | 0.3484 | long leg | $62 | $17K | 5.5x | |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3449 | −1.005% | — | $1.1M | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3438 | −1.320% | $4.8M | $10.0M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3439 | −1.292% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3438 | −1.320% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3440 | −1.263% | $640K | $212K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3438 | −1.320% | $2.1M | $610K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3442 | −1.206% | $681K | $318K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3437 | −1.349% | $948K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
BingX XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZshort | +0.0100% | 4h | 0.3440 | −1.274% | $123K | $296K | — | |
| BloFin XTZ-USDT | +0.0131% | 4h | 0.3435 | −1.406% | $283K | $95K | 75x | as long as short |
BloFin XTZ-USDT