Funding you earn now, next payment 08:00 UTC−0.0177%/8h= −19.4% APRnext payment −$1.77 per $10,000 · paid last 24h −0.027%
Price spread now: Variational Omni against Bitget−0.909%7-day average +0.031% · 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)−0.033%−$3 on $10k
+Price spread, last 7 days+0.892%+$89 · spread now −0.909%, 7d avg +0.031%
=Together, before fees+0.859%+ Points / potential airdropVariational Omni: Active · farm board+$86 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.940% cheaper against Bitget than usual: you would sell low and buy high (−$94 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2204 | 0.0065 | pay 0.0065% / 8h | 4h 31m | $20.9M | $34.9M | 50x |
| Short | Variational Omni ARB | 0.2184 | −0.0112 | pay 0.0112% / 8h | 4h 31m | $1.8M | $2.9M | — |
Bitget ARBUSDT
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- −$37.22
- Price spread: −0.909% → +0.031%
- −$94.04
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$143.26
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Bitget live order book, 2 min ago | 2.28 bp | 12.0 bp −$12 | 17.3 bp −$173 | 116.2 bp −$11.6K | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 4.57 bp | doesn't fit | 32.0 bp −$320 | 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 | 0.2179 | −1.134% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2204 | −0.005% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0137% | 8h | 0.2204 | −0.018% | $22.2M | $148.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0136% | 8h | 0.2203 | −0.027% | $42.2M | $60.7M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0135% | 1h | 0.2200 | −0.200% | $89K | $2.2M | 10x | as long as short |
| Variational Omni ARBshort | −0.0112% | 8h | 0.2184 | −0.909% | $1.8M | $2.9M | — | |
| Orderly PERP_ARB_USDC | −0.0076% | 8h | 0.2201 | −0.136% | $12K | $395K | 10x | as long as short |
| Gate ARB_USDT | −0.0076% | 8h | 0.2204 | −0.005% | $5.3M | $18.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0032% | 8h | 0.2203 | −0.027% | $55.7M | $126.8M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2202 | −0.103% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2203 | −0.050% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2202 | −0.077% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2201 | −0.116% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2204 | −0.013% | $352K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2204 | +0.004% | $64.1M | $307.5M | 75x | as long as short |
| BloFin ARB-USDT | +0.0035% | 8h | 0.2197 | −0.318% | $3.1M | $2.6M | 75x | as long as short |
| BingX ARB-USDC | +0.0063% | 8h | 0.2204 | 0.000% | — | $6.5M | — | as long as short |
| SoDEX ARB-USD | +0.0064% | 1h | 0.2202 | −0.109% | $10K | $2.3M | 5x | as long as short |
| Bitget ARBUSDTlong | +0.0065% | 8h | 0.2204 | long leg | $20.9M | $34.9M | 50x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2202 | −0.100% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2202 | −0.073% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2203 | −0.023% | $37.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2204 | −0.001% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2203 | −0.047% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2203 | −0.059% | $19.5M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2190 | −0.658% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2191 | −0.603% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2195 | −0.408% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2203 | −0.045% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | −0.163% | $299K | $952K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2201 | −0.136% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2201 | −0.136% | $492K | $1.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2205 | +0.048% | $463K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2201 | −0.138% | $824K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2199 | −0.206% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0610% | 1h | 0.2205 | +0.036% | $993K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
BingX ARB-USDC
SoDEX ARB-USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP