Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.056%
Price spread now: Variational Omni against Injective+2.652%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 2.652% dearer against Injective than usual: you sell high and buy low: +$265 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 PYTH/USDC PERP | 0.06260 | 0.0033 | pay 0.0004% / 1h | 12m 56s | $553 | $220K | 5.5x |
| Short | Variational Omni PYTH | 0.06426 | 0.0100 | get 0.0050% / 4h | 3h 12m | $39K | $27K | — |
Injective PYTH/USDC PERP
Variational Omni PYTHFunding 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
- $14
- Price spread: +2.652% → 0.000%
- $265.18
- 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
- $279.16
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Injective and Variational Omni: 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.
PYTH on 23 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_PYTHUSD | −0.0134% | 1h | 0.06495 | +3.757% | $399K | $291K | 25x | as long as short |
| BloFin PYTH-USDT | −0.0134% | 4h | 0.06483 | +3.562% | $433K | $112K | 75x | as long as short |
| MEXC PYTH_USDT | −0.0124% | 4h | 0.06493 | +3.722% | $9.9M | $2.4M | 125x | as long as short |
| Binance PYTHUSDT | −0.0121% | 4h | 0.06492 | +3.710% | $9.3M | $17.6M | 75x | as long as short |
| Coinbase International PYTH-PERP-INTX | −0.0064% | 1h | 0.06495 | +3.754% | $40K | $18K | 25x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06480 | +3.513% | $192K | $19 | 5x | as long as short |
| Aster PYTHUSDT | +0.0019% | 4h | 0.06491 | +3.684% | $22K | $45K | 10x | as long as short |
| Injective PYTH/USDC PERPlong | +0.0033% | 1h | 0.06260 | long leg | $553 | $220K | 5.5x | |
| Aevo PYTH-PERP | +0.0048% | 1h | 0.06492 | +3.708% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06496 | +3.770% | $204K | $199K | 5x | as long as short |
Kraken Futures PF_PYTHUSD
BloFin PYTH-USDT
MEXC PYTH_USDT
Binance PYTHUSDT
Coinbase International PYTH-PERP-INTX
dYdX PYTH-USD
Aster PYTHUSDT
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06473 | +3.400% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06497 | +3.789% | $2.1M | $1.6M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06490 | +3.674% | $7.8M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06490 | +3.674% | $2.2M | $3.5M | 50x | as long as short |
| Gate PYTH_USDT | +0.0100% | 4h | 0.06486 | +3.610% | $1.1M | $479K | 75x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06494 | +3.738% | $1.6M | $326K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06492 | +3.706% | $2.8M | $2.1M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06488 | +3.642% | — | $2.7M | — | as long as short |
| Variational Omni PYTHshort | +0.0100% | 4h | 0.06426 | +2.652% | $39K | $27K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06489 | +3.655% | $3K | $2K | 10x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06484 | +3.574% | — | — | 20x | as long as short |
| Backpack PYTH_USDC_PERP | +0.0949% | 1h | 0.06498 | +3.805% | $36K | $91K | 10x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | +0.0981% | 1h | 0.06509 | +3.978% | $10K | $10K | 10x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Orderly PERP_PYTH_USDC_mythos
Reya PYTHRUSDPERP
Backpack PYTH_USDC_PERP
Deribit PYTH_USDC-PERPETUAL