Funding arb · Price arb /

EGLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.008%

Price spread now: Injective against Variational Omni−16.384%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Injective

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 days—no 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 16.384% cheaper against Variational Omni than usual: you would sell low and buy high (−$1,638 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni EGLD	4.3771	0.0100	pay 0.0100% / 8h	5h 12m	$17K	$54K	—
Short	Injective EGLD/USDC PERP	3.6600	0.0033	get 0.0004% / 1h	12m 55s	$16	$46K	5.5x

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

Position, each leg$Hold fordaysFee Variational OmnibpFee InjectivebpOrdersPrice spread, now −16.384%Rate

Funding earned: −$14
Price spread: −16.384% → 0.000%: −$1,638.39
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: −$1,652.41
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

Leg	Half-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.

EGLD 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_EGLDUSD	−0.0121%	1h	4.3790	+0.043%	$436K	$697K	20x	as long as short
Injective EGLD/USDC PERPshort	+0.0033%	1h	3.6600	−16.384%	$16	$46K	5.5x
Binance EGLDUSDT	+0.0100%	8h	4.3666	−0.240%	$4.7M	$27.2M	75x	as long as short
Bybit EGLDUSDT	+0.0100%	8h	4.3680	−0.209%	$2.7M	$8.8M	75x	as long as short
Gate EGLD_USDT	+0.0100%	8h	4.3740	−0.072%	$455K	$715K	30x	as long as short
MEXC EGLD_USDT	+0.0100%	8h	4.3670	−0.232%	$4.0M	$3.5M	125x	as long as short
KuCoin EGLDUSDTM	+0.0100%	8h	4.3730	−0.095%	$2.7M	$1.4M	50x	as long as short
Bitget EGLDUSDT	+0.0100%	8h	4.3710	−0.140%	$2.3M	$4.3M	75x	as long as short
Variational Omni EGLDlong	+0.0100%	8h	4.3771	long leg	$17K	$54K	—
BingX EGLD-USDT	+0.0195%	8h	4.3680	−0.209%	—	$2.9M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EGLD-USDT-SWAP	+0.0199%	8h	4.3680	−0.209%	$626K	$5.2M	20x	as long as short
BloFin EGLD-USDT	+0.0220%	8h	4.3690	−0.186%	$229K	$591K	75x	as long as short