Funding you earn now, next payment 04:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h −0.028%
Price spread now: Variational Omni against Aevo+0.008%7-day average −0.059% · 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)−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−2.349%−$235 · spread now +0.008%, 7d avg −0.059%
=Together, before fees−2.396%+ Points / potential airdropVariational Omni: Active · farm board−$240 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.068% dearer against Aevo than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.059%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 3 days (−0.047% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.047% in total (about -4.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2208 | 0.0088 | pay 0.0011% / 1h | 53m 40s | $140K | $7K | 3x |
| Short | Variational Omni ARB | 0.2208 | −0.0125 | pay 0.0125% / 8h | 4h 53m | $1.8M | $2.9M | — |
Aevo ARB-PERP
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aevo. 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
- −$44.75
- Price spread: +0.008% → −0.059%
- $6.75
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$54
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: live order book, just now; Variational Omni: RFQ quote, just now. 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 Aevo live order book, just now | 31.70 bp | 56.8 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 4.53 bp | doesn't fit | 22.7 bp −$227 | doesn't fit | doesn't fit |
ARB on 36 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 ARB/USDC PERP | −0.1649% | 1h | 0.2196 | −0.521% | $40K | $372K | 12x | as long as short |
| OKX ARB-USDT-SWAP | −0.0142% | 8h | 0.2204 | −0.159% | $22.2M | $148.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0142% | 8h | 0.2205 | −0.113% | $41.0M | $59.5M | 200x | as long as short |
| Variational Omni ARBshort | −0.0125% | 8h | 0.2208 | +0.008% | $1.8M | $2.9M | — | |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2204 | −0.154% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0112% | 1h | 0.2206 | −0.054% | $24K | $34K | 25x | as long as short |
| Gate ARB_USDT | −0.0102% | 8h | 0.2205 | −0.131% | $5.4M | $18.6M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0078% | 8h | 0.2207 | −0.023% | $13K | $388K | 10x | as long as short |
| SoDEX ARB-USD | −0.0057% | 1h | 0.2207 | −0.045% | $10K | $2.3M | 5x | as long as short |
| Bybit ARBUSDT | −0.0048% | 8h | 0.2204 | −0.154% | $55.9M | $125.9M | 50x | as long as short |
Injective ARB/USDC PERP
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Orderly PERP_ARB_USDC
SoDEX ARB-USD
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2208 | +0.038% | $1.1M | $4.4M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2206 | −0.068% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0012% | 1h | 0.2207 | −0.001% | $10K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0005% | 1h | 0.2206 | −0.059% | $87K | $2.1M | 10x | as long as short |
| Binance ARBUSDT | +0.0014% | 8h | 0.2206 | −0.080% | $64.3M | $306.7M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2203 | −0.182% | $351K | $2.5M | 25x | as long as short |
| ApeX Omni ARBUSDT | +0.0046% | 1h | 0.2199 | −0.385% | $119K | $283K | 50x | as long as short |
| BloFin ARB-USDT | +0.0057% | 8h | 0.2204 | −0.159% | $3.1M | $2.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2205 | −0.113% | $21.0M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0070% | 8h | 0.2204 | −0.149% | — | $6.5M | — | as long as short |
| Aevo ARB-PERPlong | +0.0088% | 1h | 0.2208 | long leg | $140K | $7K | 3x | |
| Lighter ARB | +0.0096% | 1h | 0.2205 | −0.095% | $1.2M | $5.7M | 15x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2206 | −0.068% | $4.9M | $12.9M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2207 | −0.009% | $38.2M | $48.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2207 | −0.037% | $637K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2206 | −0.054% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2206 | −0.050% | $19.5M | $15.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2199 | −0.365% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2197 | −0.462% | $467K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2209 | +0.068% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2207 | −0.023% | $300K | $955K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2211 | +0.159% | $495K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2205 | −0.091% | $482K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2208 | +0.008% | $823K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2206 | −0.060% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0640% | 1h | 0.2210 | +0.113% | $995K | $2.8M | 20x | as long as short |
Kraken Futures PF_ARBUSD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Binance ARBUSDT
Extended ARB-USD
ApeX Omni ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Phemex ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP