Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.004%
Price spread now: Injective against Variational Omni−13.175%91s7-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. Injective is 13.175% cheaper against Variational Omni than usual: you would sell low and buy high (spread −13.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,318 on $10k: about years of funding at the current rate (+$1 a day). The two prices were read 91 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 | Variational Omni IBM | 231.56 | 0 | get 0.0000% / 8h | 7h 59m | $256K | $15K | — |
| Short | Injective IBM/USDC PERP | 201.05 | 0.0033 | get 0.0004% / 1h | 59m 38s | — | $57 | 12x |
Variational Omni IBM
Injective IBM/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
- $7
- Price spread: −13.175% → 0.000%
- −$1,317.54
- 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
- −$1,310.56
- Costs to cover
- 0.000%
- Break-even
- 1317.6 days
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; 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 RFQ quote, 14 min ago | 2.79 bp | doesn't fit | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
IBM on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 231.62 | +0.027% | $13K | $127K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.61 | +0.022% | $977K | $375K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.66 | +0.044% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.57 | +0.005% | $797K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.56 | +0.001% | $793K | $377K | 20x | as long as short |
| Variational Omni IBMlong | 0.0000% | 8h | 231.56 | long leg | $256K | $15K | — | |
| SunX IBM-USDT | 0.0000% | 8h | 231.38 | −0.077% | $1K | $536K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.84 | +0.121% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0031% | 1h | 231.54 | −0.008% | $1.2M | $3.3M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.50 | −0.025% | $38K | $43K | 10x | as long as short |
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USD
Lighter IBMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective IBM/USDC PERPshort | +0.0033% | 1h | 201.05 | −13.175% | — | $57 | 12x | |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.40 | −0.069% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.48 | −0.034% | $2.0M | $819K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.47 | −0.038% | $194K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0187% | 8h | 231.67 | +0.048% | $46K | $52K | 20x | as long as short |
| Extended IBM-USD | +0.0216% | 1h | 231.56 | +0.003% | $54K | $202K | 10x | as long as short |
| Binance IBMUSDT | +0.0220% | 8h | 231.66 | +0.042% | $3.9M | $5.9M | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0448% | 8h | 231.56 | +0.001% | $590 | $169K | 10x | as long as short |
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
BloFin IBM-USDT
Extended IBM-USD
Binance IBMUSDT
GRVT IBM_USDT_Perp