Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.072%
Price spread now: Variational Omni against Injective+1.109%76s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$7 a day on $10k at the current rate, and Variational Omni is 1.109% dearer against Injective than usual: you sell high and buy low: +$111 more if the spread goes back to zero (this spread has no 7-day history yet). 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 SMCI/USDC PERP | 40.820 | −0.0220 | get 0.0028% / 1h | 18m 04s | $4K | $92 | 12x |
| Short | Variational Omni SMCI | 41.273 | 0 | get 0.0000% / 8h | 3h 18m | $107K | $120K | — |
Injective SMCI/USDC PERP
Variational Omni SMCIFunding 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
- $46.2
- Price spread: +1.109% → 0.000%
- $110.92
- 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
- $157.1
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 11 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, 11 min ago | 5.71 bp | doesn't fit | 89.1 bp −$891 | 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.
SMCI on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SMCI/USDC PERPlong | −0.0220% | 1h | 40.820 | long leg | $4K | $92 | 12x | |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.140 | +0.784% | $1.0M | $306K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.180 | +0.882% | $684K | $1.1M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 41.170 | +0.857% | $1.5M | $1.6M | 20x | as long as short |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.224 | +0.990% | $1.3M | $501K | 20x | as long as short |
| Variational Omni SMCIshort | 0.0000% | 8h | 41.273 | +1.109% | $107K | $120K | — | |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.170 | +0.857% | $1.6M | $255K | 10x | as long as short |
| QFEX SMCI-USD | +0.0032% | 1h | 41.190 | +0.906% | $1.1M | $1.8M | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.144 | +0.794% | $32K | $5K | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0036% | 8h | 41.240 | +1.030% | $325 | $164K | 10x | as long as short |
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Bitget SMCIUSDT
Phemex SMCIUSDT
QFEX SMCI-USD
Lighter RH SMCI
GRVT SMCI_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SMCI-USD | +0.0050% | 1h | 41.160 | +0.833% | $145 | $3K | 10x | as long as short |
| BloFin SMCI-USDT | +0.0065% | 8h | 41.250 | +1.053% | $79K | $9K | 20x | as long as short |
| Extended SMCI-USD | +0.0080% | 1h | 41.142 | +0.789% | $576 | $10K | 10x | as long as short |
| Binance SMCIUSDT | +0.0081% | 8h | 41.137 | +0.777% | $3.4M | $5.3M | 20x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.150 | +0.808% | $459K | $476K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.180 | +0.882% | $8K | $286K | 10x | as long as short |
| Paragon para:SMCI | +0.0214% | 1h | 41.158 | +0.828% | $158K | $265K | 10x | as long as short |
SoDEX SMCI-USD
BloFin SMCI-USDT
Extended SMCI-USD
Binance SMCIUSDT
KuCoin SMCIUSDTM
HTX SMCI-USDT
Paragon para:SMCI