Funding you earn now, next payment 22:00 UTC+0.1019%/8h= +111.6% APRpaid last 24h +0.315%
Price spread now: Injective against Variational Omni+4.783%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 +$31 a day on $10k at the current rate, and Injective is 4.783% dearer against Variational Omni than usual: you sell high and buy low: +$478 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 | Variational Omni S | 0.03913 | −0.0986 | get 0.0493% / 4h | 2h 25m | $607K | $34K | — |
| Short | Injective S/USDC PERP | 0.04100 | 0.0033 | get 0.0004% / 1h | 25m 18s | $2K | $37K | 12x |
Variational Omni S
Injective S/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
- $214.01
- Price spread: +4.783% → 0.000%
- $478.26
- 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
- $692.25
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 63 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, 63 min ago | 6.32 bp | doesn't fit | 82.1 bp −$821 | 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.
S on 25 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_SUSD | −0.1455% | 1h | 0.03923 | +0.261% | $33K | $30K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −2.220% | $47K | $5K | 25x | as long as short |
| Variational Omni Slong | −0.0986% | 4h | 0.03913 | long leg | $607K | $34K | — | |
| GMX S/USD [WBTC.b-USDC] | L −0.0189% / S +0.0184% | 1h | 0.03927 | +0.364% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03925 | +0.307% | $4 | — | 15x | as long as short |
| Orderly PERP_S_USDC | −0.0016% | 4h | 0.03926 | +0.336% | $101K | $337K | 10x | as long as short |
| Aster SUSDT | −0.0003% | 4h | 0.03930 | +0.427% | $43K | $212K | 10x | as long as short |
| 01 Exchange SUSD | 0.0000% | 1h | 0.03930 | +0.438% | $24K | $3K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.03930 | +0.438% | $66K | $10K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03928 | +0.376% | $605 | — | 150x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Orderly PERP_S_USDC
Aster SUSDT
01 Exchange SUSD
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective S/USDC PERPshort | +0.0033% | 1h | 0.04100 | +4.783% | $2K | $37K | 12x | |
| Lighter S | +0.0096% | 1h | 0.03924 | +0.285% | $164K | $240K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03925 | +0.305% | $991K | $912K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03919 | +0.157% | $5.3M | $23.5M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03916 | +0.080% | $5.6M | $6.3M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03919 | +0.157% | $976K | $7.4M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03920 | +0.182% | $321K | $292K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03923 | +0.259% | $3.5M | $2.6M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03918 | +0.131% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03921 | +0.208% | $1.2M | $3.0M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03923 | +0.259% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03920 | +0.182% | $19K | $469K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03919 | +0.154% | $221K | $883K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03919 | +0.157% | $268K | $158K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0368% | 1h | 0.03930 | +0.438% | $114K | $291K | 5x | as long as short |
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP