Funding you earn now, next payment 23:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.106%
Price spread now: Variational Omni against Injective+0.993%91s7-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 +$7 a day on $10k at the current rate, and Variational Omni is 0.993% dearer against Injective than usual: you sell high and buy low: +$99 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Injective US500/USDC PERP | 7,663.5 | −0.0220 | get 0.0028% / 1h | 27m 52s | $7K | $104 | 52x |
| Short | Variational Omni US500 | 7,739.6 | 0 | get 0.0000% / 8h | 1h 27m | $17.4M | $9.6M | — |
Injective US500/USDC PERP
Variational Omni US500Funding 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
- $46.2
- Price spread: +0.993% → 0.000%
- $99.28
- 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
- $145.46
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 1 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, 1 min ago | 1.89 bp | doesn't fit | 2.2 bp −$22 | 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.
SP500 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERPlong | −0.0220% | 1h | 7,663.5 | long leg | $7K | $104 | 52x | |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,767.2 | +1.353% | $153K | $295K | 20x | as long as short |
| QFEX US500-USD | 0.0000% | 1h | 7,767.5 | +1.357% | $11.8M | $3.1M | 30x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,767.1 | +1.352% | $7.2M | $789K | 50x | as long as short |
| Variational Omni US500short | 0.0000% | 8h | 7,739.6 | +0.993% | $17.4M | $9.6M | — | |
| Bullet US500-USD | 0.0000% | 1h | 7,767.1 | +1.352% | $12K | $106K | 10x | as long as short |
| Lighter US500 | +0.0032% | 1h | 7,765.5 | +1.331% | $2.4M | $28.2M | 50x | as long as short |
| Extended SPX500m-USD | +0.0032% | 1h | 7,767.4 | +1.356% | $3.2M | $15.7M | 25x | as long as short |
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,737.7 | +0.968% | $1.6M | $7.4M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,832.6 | +2.207% | — | $3.5M | 50x | as long as short |
OKX US500-USDT-SWAP
QFEX US500-USD
Bitget SP500USDT
Bullet US500-USD
Lighter US500
Extended SPX500m-USD
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex US500USDT | +0.0048% | 1h | 7,768.6 | +1.371% | $544K | $440K | 20x | as long as short |
| Paradex US500-USD-PERP | +0.0050% | 8h | 7,765.3 | +1.329% | $43K | — | 5x | as long as short |
| tradeXYZ xyz:SP500 | +0.0050% | 1h | 7,767 | +1.351% | $434.6M | $262.3M | 50x | as long as short |
| Polymarket Perps SP500-USD | +0.0050% | 1h | 7,765.5 | +1.331% | $7.6M | $960K | 50x | as long as short |
| SoDEX US500-USD | +0.0050% | 1h | 7,766.4 | +1.343% | $1.1M | $85K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,765.8 | +1.335% | $9.5M | $6.7M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,767.3 | +1.354% | $258K | $196K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0127% | 1h | 7,762.4 | +1.291% | $458 | $21K | 10x | as long as short |
Popdex US500USDT
Paradex US500-USD-PERP
tradeXYZ xyz:SP500
Polymarket Perps SP500-USD
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD