Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.004%
Price spread now: Injective against Variational Omni−13.141%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. Injective is 13.141% cheaper against Variational Omni than usual: you would sell low and buy high (spread −13.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,314 on $10k: about years of funding at the current rate (+$1 a day). The two prices were read 46 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 | Variational Omni IBM | 231.47 | 0 | get 0.0000% / 8h | 44m 35s | $256K | $15K | — |
| Short | Injective IBM/USDC PERP | 201.05 | 0.0033 | get 0.0004% / 1h | 44m 35s | — | $57 | 12x |
Variational Omni IBM
Injective IBM/USDC PERPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7
- Price spread: −13.141% → 0.000%
- −$1,314.06
- 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
- −$1,307.08
- Costs to cover
- 0.000%
- Break-even
- 1314.1 days
Slippage unknown: Variational Omni: RFQ quote, 34 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 Variational Omni RFQ quote, 34 min ago | 2.79 bp | doesn't fit | 90.6 bp −$906 | 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.
IBM on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 231.43 | −0.017% | $13K | $126K | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.36 | −0.046% | $976K | $376K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.51 | +0.019% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.45 | −0.007% | $809K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.45 | −0.007% | $798K | $405K | 20x | as long as short |
| Variational Omni IBMlong | 0.0000% | 8h | 231.47 | long leg | $256K | $15K | — | |
| SunX IBM-USDT | 0.0000% | 8h | 231.25 | −0.093% | $971 | $533K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.79 | +0.140% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0031% | 1h | 231.43 | −0.016% | $1.2M | $3.2M | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.54 | +0.032% | $38K | $47K | 10x | as long as short |
Aster IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USD
Lighter IBMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective IBM/USDC PERPshort | +0.0033% | 1h | 201.05 | −13.141% | — | $57 | 12x | |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.50 | +0.015% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.31 | −0.067% | $2.0M | $808K | 10x | as long as short |
| BloFin IBM-USDT | +0.0064% | 8h | 231.57 | +0.045% | $46K | $52K | 20x | as long as short |
| Binance IBMUSDT | +0.0095% | 8h | 231.45 | −0.007% | $3.9M | $5.8M | 20x | as long as short |
| Extended IBM-USD | +0.0096% | 1h | 231.41 | −0.025% | $54K | $202K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.30 | −0.072% | $194K | $34K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0353% | 8h | 231.50 | +0.015% | $442 | $170K | 10x | as long as short |
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
BloFin IBM-USDT
Binance IBMUSDT
Extended IBM-USD
KuCoin IBMUSDTM
GRVT IBM_USDT_Perp