Funding you earn now, next payment 04:00 UTC−0.0107%/8h= −11.7% APRpaid last 24h −0.002%
Price spread now: Variational Omni against dYdX−0.105%7-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 −$3 a day on $10k at the current rate, and Variational Omni is 0.105% cheaper against dYdX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARB-USD | 0.2205 | 0 | get 0.0000% / 1h | 28m 36s | $65K | $5K | 10x |
| Short | Variational Omni ARB | 0.2202 | −0.0107 | pay 0.0107% / 8h | 4h 28m | $1.8M | $2.9M | — |
dYdX ARB-USD
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- −$22.39
- Price spread: −0.105% → 0.000%
- −$10.51
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$42.9
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 1 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 6.80 bp | doesn't fit | 24.9 bp −$249 | doesn't fit | doesn't fit |
dYdX: 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.
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 | 0.2206 | +0.064% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2203 | −0.054% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0131% | 8h | 0.2204 | −0.031% | $22.1M | $148.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0131% | 8h | 0.2205 | −0.004% | $42.1M | $60.7M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0130% | 1h | 0.2204 | −0.026% | $91K | $2.2M | 10x | as long as short |
| Variational Omni ARBshort | −0.0107% | 8h | 0.2202 | −0.105% | $1.8M | $2.9M | — | |
| Orderly PERP_ARB_USDC | −0.0074% | 8h | 0.2214 | +0.427% | $12K | $395K | 10x | as long as short |
| Gate ARB_USDT | −0.0070% | 8h | 0.2205 | +0.014% | $5.3M | $18.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0028% | 8h | 0.2203 | −0.085% | $55.6M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2214 | +0.421% | $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-USDlong | 0.0000% | 1h | 0.2205 | long leg | $65K | $5K | 10x | |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2215 | +0.459% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2215 | +0.461% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2203 | −0.065% | $352K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0017% | 8h | 0.2203 | −0.054% | $64.1M | $307.8M | 75x | as long as short |
| BloFin ARB-USDT | +0.0059% | 8h | 0.2211 | +0.287% | $3.1M | $2.6M | 75x | as long as short |
| BingX ARB-USDC | +0.0064% | 8h | 0.2208 | +0.155% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2205 | +0.019% | $21.0M | $34.9M | 50x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2215 | +0.473% | $140K | $7K | 3x | as long as short |
| SoDEX ARB-USD | +0.0093% | 1h | 0.2213 | +0.364% | $10K | $2.3M | 5x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2206 | +0.060% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2207 | +0.096% | $37.9M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2208 | +0.137% | $635K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2205 | +0.004% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2207 | +0.096% | $19.6M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2203 | −0.083% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2204 | −0.026% | $477K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2195 | −0.435% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2216 | +0.518% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2213 | +0.368% | $300K | $952K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2210 | +0.246% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2213 | +0.382% | $494K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2205 | +0.007% | $462K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2215 | +0.464% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2205 | +0.019% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0647% | 1h | 0.2214 | +0.414% | $997K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
BingX ARB-USDC
Bitget ARBUSDT
Aevo ARB-PERP
SoDEX ARB-USD
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