Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.017%
Price spread now: Variational Omni against Injective−0.029%106s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.029% cheaper against Injective than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 106 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 ORCL/USDC PERP | 149.06 | 0.0033 | pay 0.0004% / 1h | 45m 30s | $20K | $14K | 12x |
| Short | Variational Omni ORCL | 149.02 | 0 | get 0.0000% / 8h | 45m 30s | $1.3M | $316K | — |
Injective ORCL/USDC PERP
Variational Omni ORCLFunding 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: −0.029% → 0.000%
- −$2.93
- 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
- −$9.95
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 4 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, 4 min ago | 3.72 bp | doesn't fit | 15.4 bp −$154 | 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.
ORCL on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0282% | 4h | 149.01 | −0.033% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.04 | −0.012% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.11 | +0.034% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCLshort | 0.0000% | 8h | 149.02 | −0.029% | $1.3M | $316K | — | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.27 | +0.141% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.09 | +0.020% | $52K | $22K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0013% | 8h | 149.02 | −0.028% | $2K | $198K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.09 | +0.020% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERPlong | +0.0033% | 1h | 149.06 | long leg | $20K | $14K | 12x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.94 | −0.081% | — | $127K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
GRVT ORCL_USDT_Perp
Lighter ORCL
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.96 | −0.067% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.04 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.82 | −0.161% | $708K | $693K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0064% | 1h | 149.05 | −0.008% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0066% | 8h | 149.08 | +0.013% | $24.9M | $35.6M | 20x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.04 | −0.013% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.88 | −0.121% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.00 | −0.040% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0164% | 1h | 148.92 | −0.094% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0168% | 1h | 149.04 | −0.013% | $620K | $462K | 10x | as long as short |
| Nado ORCL-PERP | +0.0176% | 1h | 148.85 | −0.140% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0179% | 8h | 149.12 | +0.040% | $259K | $234K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0258% | 8h | 149.10 | +0.027% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 148.96 | −0.067% | $86K | $90K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0335% | 8h | 149.09 | +0.020% | $7.4M | $4.7M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0512% | 8h | 149.09 | +0.020% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0516% | 8h | 149.04 | −0.013% | $2K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.90 | −0.107% | $149K | $84K | 10x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Extended ORCL_24_5-USD
Binance ORCLUSDT
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Lighter RH ORCL
Nado ORCL-PERP
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL