Funding you earn now, next payment 12:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +1.338%
Price spread now: Variational Omni against Injective+0.371%61s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$2 a day on $10k at the current rate, and Variational Omni is 0.371% dearer against Injective than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). 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 USUAL/USDC PERP | 0.01372 | 0.0033 | pay 0.0004% / 1h | 48m 20s | $6K | $3K | 5.5x |
| Short | Variational Omni USUAL | 0.01377 | 0.0100 | get 0.0050% / 4h | 48m 20s | $10K | $1K | — |
Injective USUAL/USDC PERP
Variational Omni USUALFunding 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: +0.371% → 0.000%
- $37.06
- 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
- $51.04
- 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| Leg | Half-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.
USUAL on 11 exchanges
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_USUALUSD | −0.0177% | 1h | 0.01378 | +0.452% | $110K | $8K | 10x | as long as short |
| Injective USUAL/USDC PERPlong | +0.0033% | 1h | 0.01372 | long leg | $6K | $3K | 5.5x | |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01378 | +0.437% | $395K | $162K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01377 | +0.386% | $2.2M | $2.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01379 | +0.525% | $1.0M | $528K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01379 | +0.510% | $934K | $77K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01377 | +0.364% | $6.0M | $200K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01376 | +0.292% | $164K | $84K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01379 | +0.510% | $767K | $362K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01377 | +0.386% | — | $1.2M | — | as long as short |
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUALshort | +0.0100% | 4h | 0.01377 | +0.371% | $10K | $1K | — |