Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.001%
Price spread now: Variational Omni against dYdX+0.109%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 +$3 a day on $10k at the current rate, and Variational Omni is 0.109% dearer against dYdX than usual: you sell high and buy low: +$11 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 | dYdX INJ-USD | 7.6742 | 0 | get 0.0000% / 1h | 53m 38s | $79K | $14K | 5x |
| Short | Variational Omni INJ | 7.6825 | 0.0100 | get 0.0100% / 8h | 5h 53m | $275K | $125K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- $21
- Price spread: +0.109% → 0.000%
- $10.87
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $21.87
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 58 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 58 min ago | 3.36 bp | doesn't fit | 43.2 bp −$432 | doesn't fit | doesn't fit |
dYdX: 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.
INJ on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.6756 | +0.019% | — | — | 20x | as long as short |
| dYdX INJ-USDlong | 0.0000% | 1h | 7.6742 | long leg | $79K | $14K | 5x | |
| gTrade (Gains Network) INJ/USD | L +0.0008% / S −0.0023% | 1h | 7.6764 | +0.028% | $17K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.6785 | +0.056% | $69K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.6800 | +0.076% | $34K | $72K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.6816 | +0.097% | $147K | $308K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.6838 | +0.125% | $34.0M | $97.3M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.6790 | +0.063% | $21.0M | $30.1M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.6820 | +0.102% | $5.8M | $20.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.6740 | −0.003% | $2.7M | $5.3M | 50x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.6810 | +0.089% | $8.4M | $18.0M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.6750 | +0.010% | $14.1M | $11.1M | 75x | as long as short |
| Variational Omni INJshort | +0.0100% | 8h | 7.6825 | +0.109% | $275K | $125K | — | |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7170 | +0.558% | $46K | $265K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.6787 | +0.058% | $114K | $646K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0193% | 1h | 7.6830 | +0.115% | $5K | $11K | 25x | as long as short |
| Hyperliquid INJ | +0.0203% | 1h | 7.6863 | +0.158% | $25.8M | $7.8M | 5x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.6740 | −0.003% | $1.6M | $5.2M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.6770 | +0.037% | — | $21.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.6860 | +0.154% | $30.7M | $20.2M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0324% / S −0.0344% | 1h | 7.6781 | +0.050% | $40K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0728% | 1h | 7.7270 | +0.688% | $386K | $653K | 50x | as long as short |
| Kraken Futures PF_INJUSD | +0.1026% | 1h | 7.6880 | +0.180% | $895K | $3.5M | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1301% | 1h | 7.7180 | +0.571% | $317K | $12.2M | 30x | as long as short |
Variational Omni INJ
gTrade (Gains Network) INJ/USD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni INJUSDT
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
Hyperliquid INJ
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Kraken Futures PF_INJUSD
Injective INJ/USDC PERP