Funding you earn now, next payment 00:00 UTC−0.0262%/8h= −28.6% APRnext payment −$2.62 per $10,000 · paid last 24h −0.007%
Price spread now: Variational Omni against Aster−0.141%7-day average −0.007% · 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)−0.017%−$2 on $10k
+Price spread, last 7 days+0.160%+$16 · spread now −0.141%, 7d avg −0.007%
=Together, before fees+0.143%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.134% cheaper against Aster than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.017% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.62 per $10,000. 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 | Aster ARBUSDT | 0.2240 | 0.0100 | pay 0.0100% / 8h | 1h 39m | $696K | $1.7M | 20x |
| Short | Variational Omni ARB | 0.2236 | −0.0162 | pay 0.0162% / 8h | 1h 39m | $1.9M | $2.8M | — |
Aster ARBUSDT
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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
- −$54.93
- Price spread: −0.141% → −0.007%
- −$13.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$76.35
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Variational Omni: RFQ quote, 5 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 Aster live order book, 4 min ago | 2.91 bp | 11.0 bp −$11 | 39.2 bp −$392 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 6.72 bp | doesn't fit | 20.1 bp −$201 | 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 | −0.1770% | 1h | 0.2226 | −0.605% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2237 | −0.105% | $7K | $2K | 10x | as long as short |
| Variational Omni ARBshort | −0.0162% | 8h | 0.2236 | −0.141% | $1.9M | $2.8M | — | |
| Bybit ARBUSDT | −0.0139% | 8h | 0.2239 | −0.020% | $57.7M | $135.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2240 | +0.020% | $37.4M | $62.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2240 | +0.002% | $22.4M | $163.7M | 50x | as long as short |
| SoDEX ARB-USD | −0.0069% | 1h | 0.2240 | +0.011% | $4K | $2.8M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0064% | 1h | 0.2237 | −0.100% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0027% | 8h | 0.2238 | −0.069% | $10K | $394K | 10x | as long as short |
| Binance ARBUSDT | −0.0011% | 8h | 0.2240 | +0.027% | $63.9M | $322.6M | 75x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDC
Binance ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2238 | −0.050% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2238 | −0.083% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2239 | −0.020% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2239 | −0.034% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0026% | 8h | 0.2240 | +0.029% | $5.5M | $20.7M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2239 | −0.029% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0081% | 8h | 0.2240 | −0.002% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0082% | 8h | 0.2239 | −0.025% | $21.0M | $38.0M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2242 | +0.098% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2241 | +0.060% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2243 | +0.154% | $40.0M | $50.9M | 10x | as long as short |
| Aster ARBUSDTlong | +0.0100% | 8h | 0.2240 | long leg | $696K | $1.7M | 20x | |
| Pacifica ARB | +0.0100% | 1h | 0.2238 | −0.075% | $45K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2240 | +0.016% | $20.6M | $16.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2235 | −0.209% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2235 | −0.182% | $481K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2235 | −0.203% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2240 | +0.020% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2239 | −0.025% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2238 | −0.069% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0109% | 8h | 0.2240 | +0.025% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2243 | +0.150% | $509K | $2.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2239 | −0.018% | $837K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2238 | −0.091% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2240 | +0.002% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0624% | 1h | 0.2244 | +0.194% | $1.1M | $2.7M | 20x | as long as short |
Extended ARB-USD
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP