Settings8H · net · $10k
Funding arb · Price arb /

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0441%/8h= −48.3% APRpaid last 24h −0.119%
Price spread now: Variational Omni against Injective+3.110%46s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 3.110% dearer against Injective than usual: you sell high and buy low (spread +3.110% now, against zero (this spread has no 7-day history yet)): +$311 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 23 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NOT/USDC PERP0.00048740.0033pay 0.0004% / 1h42m 27s$1K$13K5.5x
ShortVariational Omni NOT0.0005026−0.0408pay 0.0204% / 4h42m 27s$71K$39K

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$92.71
Price spread: +3.110% → 0.000%
$310.98
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
$218.25
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
LegHalf-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.

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOTshort−0.0408%4h0.0005026+3.110%$71K$39K
KuCoin NOTUSDTM−0.0252%4h0.0005024+3.078%$465K$127K50xas long as short
Injective NOT/USDC PERPlong+0.0033%1h0.0004874long leg$1K$13K5.5x
Lighter 1000NOT+0.0096%1h0.0005045+3.513%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005040+3.406%$357K$57K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005040+3.398%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005038+3.365%$2.1M$3.0M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005030+3.201%$2.1M$847K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005035+3.303%$628K$649K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005029+3.180%$140K$69K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005036+3.324%$1.3M$424K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005036+3.324%$668K$412K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005035+3.303%$725Kas long as short
Extended kNOT-USD+0.0104%1h0.0005037+3.338%$4K$4915xas long as short
BloFin NOT-USDT+0.0109%4h0.0005032+3.242%$111K$16K50xas long as short
Kraken Futures PF_NOTUSD+0.1709%1h0.0005054+3.687%$49K$9K10xas long as short