Funding you earn now, next payment 23:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.004%
Price spread now: Variational Omni against Injective+15.074%76s7-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
The price spread pays, funding is against you. Variational Omni is 15.074% dearer against Injective than usual: you sell high and buy low (spread +15.074% now, against zero (this spread has no 7-day history yet)): +$1,507 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about years. The two prices were read 76 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 | Injective IBM/USDC PERP | 201.05 | 0.0033 | pay 0.0004% / 1h | 47m 59s | — | $57 | 12x |
| Short | Variational Omni IBM | 231.36 | 0 | get 0.0000% / 8h | 1h 47m | $256K | $15K | — |
Injective IBM/USDC PERP
Variational Omni IBMFunding 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
- −$7
- Price spread: +15.074% → 0.000%
- $1,507.35
- 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
- $1,500.33
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 36 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 no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 36 min ago | 5.06 bp | doesn't fit | 112.5 bp −$1,125 | doesn't fit | doesn't fit |
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 | 231.05 | +14.923% | $13K | $126K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 231.42 | +15.103% | $54K | $202K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 231.45 | +15.121% | $3.9M | $5.8M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.26 | +15.026% | $974K | $380K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.34 | +15.066% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.42 | +15.106% | $807K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.44 | +15.116% | $798K | $400K | 20x | as long as short |
| Variational Omni IBMshort | 0.0000% | 8h | 231.36 | +15.074% | $256K | $15K | — | |
| SunX IBM-USDT | 0.0000% | 8h | 231.27 | +15.031% | $770 | $536K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.77 | +15.280% | $5K | $34K | 20x | as long as short |
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
SunX IBM-USDT
HTX IBM-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IBM-USD | +0.0016% | 1h | 231.39 | +15.091% | $1.2M | $3.2M | 10x | as long as short |
| BloFin IBM-USDT | +0.0025% | 8h | 231.38 | +15.086% | $46K | $52K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.41 | +15.101% | $38K | $50K | 10x | as long as short |
| Injective IBM/USDC PERPlong | +0.0033% | 1h | 201.05 | long leg | — | $57 | 12x | |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.19 | +14.991% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.20 | +14.996% | $2.0M | $813K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.23 | +15.011% | $194K | $34K | 20x | as long as short |
| GRVT IBM_USDT_Perp | +0.0204% | 8h | 231.40 | +15.096% | $30 | $175K | 10x | as long as short |
QFEX IBM-USD
BloFin IBM-USDT
Lighter IBM
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM
GRVT IBM_USDT_Perp