ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.009%

Price spread now: Variational Omni against gTrade (Gains Network)−0.169%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Variational Omni

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Variational Omni is 0.169% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.169% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 26 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ARB/USD	0.2194	L +0.0005% / S −0.0006%	pay 0.0001% / 1h	39m 01s	$72K	—	150x
Short	Variational Omni ARB	0.2191	0.0026	get 0.0026% / 8h	7h 39m	$1.8M	$3.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Variational OmnibpOrdersPrice spread, now −0.169%Rate

Funding earned: $4.46
Price spread: −0.169% → 0.000%: −$16.87
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$22.41
Costs to cover: 0.100%
Break-even: 42.2 days

Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, just now	4.57 bp	doesn't fit	18.3 bp −$183	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.1605%	1h	0.2183	−0.524%	$39K	$372K	12x	as long as short
Gate ARB_USDT	−0.0220%	8h	0.2192	−0.118%	$5.4M	$18.1M	60x	as long as short
SoDEX ARB-USD	−0.0200%	1h	0.2193	−0.082%	$9K	$2.3M	5x	as long as short
Kraken Futures PF_ARBUSD	−0.0168%	1h	0.2193	−0.050%	$1.1M	$4.2M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0079%	8h	0.2191	−0.145%	$22.3M	$145.8M	50x	as long as short
Bybit ARBUSDT	−0.0078%	8h	0.2192	−0.100%	$53.4M	$125.9M	50x	as long as short
MEXC ARB_USDT	−0.0077%	8h	0.2192	−0.109%	$42.9M	$62.8M	200x	as long as short
01 Exchange ARBUSD	−0.0048%	1h	0.2196	+0.069%	$7K	$236	10x	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2193	−0.068%	$16K	$414K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2195	+0.011%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2194	−0.031%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USDlong	L +0.0005% / S −0.0006%	1h	0.2194	long leg	$72K	—	150x
Extended ARB-USD	+0.0008%	1h	0.2192	−0.118%	$361K	$3.1M	25x	as long as short
Binance ARBUSDT	+0.0012%	8h	0.2192	−0.097%	$63.4M	$299.4M	75x	as long as short
Variational Omni ARBshort	+0.0026%	8h	0.2191	−0.169%	$1.8M	$3.0M	—
BloFin ARB-USDT	+0.0048%	8h	0.2193	−0.086%	$3.0M	$2.3M	75x	as long as short
Bitget ARBUSDT	+0.0072%	8h	0.2192	−0.113%	$21.0M	$34.7M	50x	as long as short
BingX ARB-USDT	+0.0076%	8h	0.2192	−0.109%	—	$32.8M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2194	−0.038%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2194	−0.031%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2194	−0.031%	$37.1M	$50.1M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2192	−0.092%	$631K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2195	+0.020%	$43K	$145K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2193	−0.054%	$19.5M	$13.8M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2192	−0.128%	$40K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2199	+0.206%	$474K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2193	−0.068%	$118K	$267K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2195	+0.023%	$74K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2195	+0.023%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2195	+0.041%	$294K	$835K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2194	−0.022%	$4.8M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0123%	1h	0.2196	+0.079%	$528K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0202%	1h	0.2195	+0.041%	$980K	$2.8M	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2195	+0.004%	$829K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2193	−0.056%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2195	+0.023%	$526K	$1.5M	50x	as long as short