Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.1% APRnext payment −$2.57 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against GRVT−0.093%7-day average −0.048% · 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)−0.027%−$3 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now −0.093%, 7d avg −0.048%
=Together, before fees−0.044%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$4 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 0.045% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.027% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.57 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 | GRVT ARB_USDT_Perp | 0.2215 | 0.0100 | pay 0.0100% / 8h | 6h 08m | $481K | $3.7M | 10x |
| Short | Variational Omni ARB | 0.2213 | −0.0157 | pay 0.0157% / 8h | 6h 08m | $1.9M | $2.9M | — |
GRVT ARB_USDT_Perp
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GRVT. 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
- −$53.91
- Price spread: −0.093% → −0.048%
- −$4.53
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$67.43
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 5 min ago; 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 GRVT live order book, 5 min ago | 2.26 bp | 19.9 bp −$20 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 4.54 bp | doesn't fit | 27.2 bp −$272 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1692% | 1h | 0.2195 | −0.922% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0262% | 1h | 0.2207 | −0.389% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2205 | −0.471% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0203% | 1h | 0.2207 | −0.367% | $24K | $34K | 25x | as long as short |
| Variational Omni ARBshort | −0.0157% | 8h | 0.2213 | −0.093% | $1.9M | $2.9M | — | |
| OKX ARB-USDT-SWAP | −0.0127% | 8h | 0.2211 | −0.200% | $22.3M | $155.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0126% | 8h | 0.2213 | −0.087% | $38.9M | $60.2M | 200x | as long as short |
| Gate ARB_USDT | −0.0082% | 8h | 0.2208 | −0.335% | $5.4M | $19.9M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0068% | 8h | 0.2207 | −0.380% | $12K | $384K | 10x | as long as short |
| Bybit ARBUSDT | −0.0037% | 8h | 0.2212 | −0.177% | $56.4M | $128.8M | 50x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2210 | −0.229% | $352K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | −0.0006% | 8h | 0.2212 | −0.166% | $64.4M | $316.8M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2214 | −0.084% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2207 | −0.360% | $10K | — | 150x | as long as short |
| ApeX Omni ARBUSDT | +0.0071% | 1h | 0.2216 | +0.026% | $120K | $286K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2208 | −0.335% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2210 | −0.231% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2212 | −0.173% | $38.5M | $51.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2207 | −0.396% | $657K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2211 | −0.199% | $42K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2213 | −0.105% | $19.5M | $15.7M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2212 | −0.155% | $21.2M | $36.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2208 | −0.353% | — | $54.6M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2214 | −0.046% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perplong | +0.0100% | 8h | 0.2215 | long leg | $481K | $3.7M | 10x | |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2207 | −0.398% | $87K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2208 | −0.335% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2207 | −0.398% | $296K | $995K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2207 | −0.380% | $5.0M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2209 | −0.290% | $505K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2208 | −0.345% | $823K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2205 | −0.462% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0313% | 1h | 0.2208 | −0.313% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2208 | −0.344% | $479K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0520% | 1h | 0.2209 | −0.290% | $997K | $2.8M | 20x | as long as short |
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP