Funding you earn now, next payment 06:00 UTC−0.0929%/8h= −101.7% APRpaid last 24h −0.392%
Price spread now: Variational Omni against Injective−0.630%7-day average −0.268% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.774%−$77 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.630%, 7d avg −0.268%
=Together, before fees−0.558%+ Points / potential airdropVariational Omni: Active · farm board−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Variational Omni is 0.362% cheaper against Injective than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.268%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective INJ/USDC PERP | 7.5700 | 0.1029 | pay 0.0129% / 1h | 35m 10s | $316K | $12.1M | 30x |
| Short | Variational Omni INJ | 7.5223 | 0.0100 | get 0.0100% / 8h | 2h 35m | $268K | $149K | — |
Injective INJ/USDC PERP
Variational Omni INJFunding 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
- −$195.04
- Price spread: −0.630% → −0.268%
- −$36.21
- 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
- −$231.27
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 4 min ago; Variational Omni: RFQ quote, 14 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, 4 min ago | 26.56 bp | 26.6 bp −$27 | 193.5 bp −$1,935 | 83356.8 bp −$8.34M | 456783.6 bp −$228.39M |
| Sell Variational Omni RFQ quote, 14 min ago | 3.37 bp | doesn't fit | 43.3 bp −$433 | doesn't fit | doesn't fit |
INJ on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INJUSD | −0.0214% | 1h | 7.5502 | −0.262% | $769K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5456 | −0.322% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5448 | −0.333% | $78K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5473 | −0.300% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5455 | −0.324% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5480 | −0.291% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5447 | −0.334% | $25.4M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5408 | −0.386% | $138K | $418K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5398 | −0.399% | $32.8M | $97.2M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.5315 | −0.509% | $20.8M | $31.5M | 50x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5310 | −0.515% | $6.1M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5460 | −0.317% | $2.6M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5420 | −0.370% | $8.5M | $18.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5370 | −0.436% | $13.8M | $10.3M | 75x | as long as short |
| Variational Omni INJshort | +0.0100% | 8h | 7.5223 | −0.630% | $268K | $149K | — | |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5260 | −0.581% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5470 | −0.303% | $112K | $562K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0214% | 1h | 7.5502 | −0.262% | $6K | $24K | 25x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5500 | −0.264% | $1.6M | $5.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5420 | −0.370% | — | $20.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5440 | −0.343% | $29.9M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5455 | −0.324% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.5590 | −0.145% | $371K | $635K | 50x | as long as short |
| Injective INJ/USDC PERPlong | +0.1029% | 1h | 7.5700 | long leg | $316K | $12.1M | 30x |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni INJUSDT
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX