Funding you earn now, next payment 00:00 UTC−0.0286%/8h= −31.3% APRpaid last 24h −0.007%
Price spread now: Variational Omni against Pacifica−0.074%7-day average +0.033% · 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)−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+1.064%+$106 · spread now −0.074%, 7d avg +0.033%
=Together, before fees+1.038%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.107% cheaper against Pacifica than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.026% in total (about -2.9% a year). A funding rate is set anew for every payment. 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 | Pacifica ARB | 0.2269 | 0.0100 | pay 0.0013% / 1h | 12m 05s | $47K | $184K | 10x |
| Short | Variational Omni ARB | 0.2268 | −0.0186 | pay 0.0186% / 8h | 12m 05s | $2.0M | $2.8M | — |
Pacifica ARB
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Pacifica. 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
- −$60.09
- Price spread: −0.074% → +0.033%
- −$10.68
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$78.76
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 Pacifica live order book, 1 min ago | 7.05 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.40 bp | doesn't fit | 17.6 bp −$176 | 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 | −0.1785% | 1h | 0.2260 | −0.414% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0249% | 1h | 0.2268 | −0.066% | $68K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2267 | −0.123% | $7K | $2K | 10x | as long as short |
| Variational Omni ARBshort | −0.0186% | 8h | 0.2268 | −0.074% | $2.0M | $2.8M | — | |
| Bybit ARBUSDT | −0.0172% | 8h | 0.2270 | +0.005% | $58.4M | $128.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0160% | 1h | 0.2267 | −0.114% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2270 | +0.027% | $22.9M | $159.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2268 | −0.079% | $38.5M | $60.1M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0103% | 1h | 0.2268 | −0.044% | $26K | $32K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2268 | −0.061% | $13K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0007% | 8h | 0.2268 | −0.048% | $5.5M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2268 | −0.057% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2270 | +0.005% | $56K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2267 | −0.095% | $361K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2270 | +0.022% | $66.8M | $313.6M | 75x | as long as short |
| BloFin ARB-USDT | +0.0053% | 8h | 0.2268 | −0.079% | $3.1M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2268 | −0.061% | $21.4M | $35.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0059% | 8h | 0.2269 | −0.026% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2269 | −0.001% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2269 | −0.013% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2272 | +0.115% | $41.1M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2268 | −0.052% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2269 | long leg | $47K | $184K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2268 | −0.044% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2274 | +0.212% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2265 | −0.193% | $486K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2275 | +0.247% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2270 | +0.027% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | −0.088% | $292K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2268 | −0.061% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2274 | +0.203% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2269 | −0.012% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2267 | −0.116% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2269 | −0.013% | $927K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2270 | +0.022% | $516K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0468% | 1h | 0.2272 | +0.106% | $1.0M | $2.9M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP