VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h −0.025%

Price spread now: Injective against ApeX Omni−0.126%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.665%+$67 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 0.126% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.126% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.665% in total) that is about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni VIRTUALUSDT	0.7126	−0.0054	get 0.0007% / 1h	49m 53s	$40K	$234K	50x
Short	Injective VIRTUAL/USDC PERP	0.7117	0.0033	get 0.0004% / 1h	49m 53s	$46	$88K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against ApeX 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 ApeX OmnibpFee InjectivebpOrdersPrice spread, now −0.126%Rate

Funding earned: $18.42
Price spread: −0.126% → 0.000%: −$12.63
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$4.23
Costs to cover: 0.100%
Break-even: 8.6 days

Slippage unknown: ApeX Omni: live order book, 55 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 ApeX Omni live order book, 55 min ago	5.60 bp	14.1 bp −$14	110.0 bp −$1,100	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.

VIRTUAL on 33 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
Phoenix VIRTUAL	−0.0146%	1h	0.7123	−0.045%	$11K	$32K	5x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7113	−0.177%	$24	—	10x	as long as short
Lighter VIRTUAL	−0.0104%	1h	0.7096	−0.415%	$323K	$366K	5x	as long as short
ApeX Omni VIRTUALUSDTlong	−0.0054%	1h	0.7126	long leg	$40K	$234K	50x
SoDEX VIRTUAL-USD	−0.0039%	1h	0.7109	−0.232%	$1K	$9K	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	−0.0031%	1h	0.7111	−0.210%	$25K	$40K	10x	as long as short
Kraken Futures PF_VIRTUALUSD	−0.0010%	1h	0.7110	−0.223%	$562K	$745K	50x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0006%	1h	0.7121	−0.076%	$22K	—	150x	as long as short
Injective VIRTUAL/USDC PERPshort	+0.0033%	1h	0.7117	−0.126%	$46	$88K	5.5x
Orderly PERP_VIRTUAL_USDC	+0.0079%	4h	0.7108	−0.253%	$14K	$1.7M	10x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VIRTUALUSDT	+0.0100%	4h	0.7100	−0.366%	$99K	$306K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7106	−0.278%	$70K	$39K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	0.7091	−0.496%	$15.8M	$40.3M	75x	as long as short
Bybit VIRTUALUSDT	+0.0100%	4h	0.7090	−0.505%	$16.6M	$18.4M	50x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7087	−0.547%	$2.8M	$9.6M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7102	−0.337%	$1.5M	$3.0M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7098	−0.393%	$14.3M	$5.0M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7105	−0.295%	$3.4M	$4.5M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7091	−0.491%	$6.1M	$5.1M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7095	−0.435%	—	$7.7M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7104	−0.309%	$244K	$181K	10x	as long as short
Variational Omni VIRTUAL	+0.0100%	4h	0.7101	−0.356%	$673K	$549K	—	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7122	−0.061%	$19K	$253K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7121	−0.070%	$636K	$1.6M	10x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7120	−0.087%	$35K	$1.0M	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7114	−0.168%	$1K	$1.3M	20x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7089	−0.514%	$53K	$344K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7113	−0.180%	$18K	—	3x	as long as short
Hyperliquid VIRTUAL	+0.0176%	1h	0.7098	−0.387%	$8.8M	$3.3M	5x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0311% / S −0.0258%	1h	0.7120	−0.087%	$32K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7104	−0.309%	$771K	$900K	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0520%	1h	0.7167	+0.575%	$201K	$86K	50x	as long as short
01 Exchange VIRTUALUSD	+1.4208%	1h	0.7427	+4.224%	$2K	$393	10x	as long as short