Funding you earn now, next payment 09:00 UTC+0.0440%/8h= +48.2% APRpaid last 24h +0.132%
Price spread now: Variational Omni against Injective+0.332%7-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 +$13 a day on $10k at the current rate, and Variational Omni is 0.332% dearer against Injective than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective COIN/USDC PERP | 196.17 | −0.0440 | get 0.0055% / 1h | 20m 53s | $71K | $177K | 30x |
| Short | Variational Omni COIN | 196.82 | 0 | get 0.0000% / 8h | 7h 20m | $662K | $980K | — |
Injective COIN/USDC PERP
Variational Omni COINFunding 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
- $92.4
- Price spread: +0.332% → 0.000%
- $33.21
- 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
- $125.59
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 live order book, 3 min ago | 6.91 bp | 6.9 bp −$7 | 420.4 bp −$4,204 | 94203.2 bp −$9.42M | 511015.5 bp −$255.51M |
| Sell Variational Omni RFQ quote, 3 min ago | 3.39 bp | doesn't fit | 28.6 bp −$286 | doesn't fit | doesn't fit |
COIN on 26 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 COIN/USDC PERPlong | −0.0440% | 1h | 196.17 | long leg | $71K | $177K | 30x | |
| Vest COIN-USD-PERP | −0.0069% | 1h | 196.24 | +0.036% | — | $319K | 25x | as long as short |
| Bitget COINUSDT | −0.0011% | 8h | 196.74 | +0.291% | $6.4M | $10.1M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.36 | +0.095% | $342K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.82 | +0.331% | $4.6M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.61 | +0.224% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 196.76 | +0.301% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 196.82 | +0.332% | $662K | $980K | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.49 | −0.344% | $13K | $3.0M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0024% | 1h | 196.71 | +0.277% | $104K | $859K | 10x | as long as short |
Vest COIN-USD-PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
GRVT COIN_USDT_Perp
Extended COIN_24_5-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance COINUSDT | +0.0025% | 8h | 196.57 | +0.204% | $14.9M | $81.6M | 20x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.85 | +0.349% | $365K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.86 | +0.352% | $474K | $1.3M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.68 | +0.260% | $17K | $49K | 5x | as long as short |
| edgeX COINUSDC | +0.0043% | 4h | 195.30 | −0.441% | $50K | $295K | 10x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 196.69 | +0.265% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.76 | +0.301% | $15.5M | $11.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.66 | +0.250% | $135K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.45 | +0.143% | $425K | $2.5M | 10x | as long as short |
| BloFin COIN-USDT | +0.0094% | 8h | 196.89 | +0.367% | $189K | $486K | 20x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.69 | +0.265% | $990K | $198K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.25 | −0.469% | $88K | $285K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.79 | +0.316% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.93 | +0.390% | $116 | — | 10x | as long as short |
| SoDEX COIN-USD | +0.0145% | 1h | 196.18 | +0.005% | $78 | $3K | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 194.76 | −0.719% | $4K | $283K | 10x | as long as short |
Binance COINUSDT
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
edgeX COINUSDC
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
BloFin COIN-USDT
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
SoDEX COIN-USD
Phoenix COIN