ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.023%

Price spread now: Variational Omni against Polymarket Perps−0.233%7-day average +0.023% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.067%+$7 on $10k

Price spread, last 7 days+0.138%+$14 · spread now −0.233%, 7d avg +0.023%

Together, before fees+0.204%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.256% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.233% now, against its 7-day average of +0.023%). If the spread goes back, that is −$26 on $10k: about 8.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ARB-USD	0.2279	−0.0280	get 0.0035% / 1h	33m 34s	$75K	$2.0M	10x
Short	Variational Omni ARB	0.2273	−0.0182	pay 0.0182% / 8h	33m 34s	$2.0M	$2.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. 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 Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now −0.233%Rate

Funding earned: $20.61
Price spread: −0.233% → +0.023%: −$25.6
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$13
Costs to cover: 0.080%
Break-even: 11.4 days

Slippage unknown: Polymarket Perps: live order book, 5 min ago; 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 Polymarket Perps live order book, 5 min ago	2.86 bp	6.9 bp −$7	8.9 bp −$89	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 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	0.2264	−0.641%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USDlong	−0.0280%	1h	0.2279	long leg	$75K	$2.0M	10x
Variational Omni ARBshort	−0.0182%	8h	0.2273	−0.233%	$2.0M	$2.8M	—
Bybit ARBUSDT	−0.0162%	8h	0.2278	−0.035%	$58.6M	$128.9M	50x	as long as short
01 Exchange ARBUSD	−0.0160%	1h	0.2278	−0.035%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0110%	8h	0.2278	−0.018%	$23.0M	$160.9M	50x	as long as short
MEXC ARB_USDT	−0.0109%	8h	0.2280	+0.057%	$38.3M	$59.6M	200x	as long as short
SoDEX ARB-USD	−0.0067%	1h	0.2279	+0.004%	$4K	$2.6M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0041%	8h	0.2279	+0.018%	$13K	$395K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0013%	1h	0.2280	+0.053%	$26K	$32K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2280	+0.044%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2280	+0.050%	$55K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2277	−0.056%	$363K	$2.3M	25x	as long as short
Binance ARBUSDT	+0.0009%	8h	0.2278	−0.008%	$66.7M	$314.0M	75x	as long as short
Gate ARB_USDT	+0.0011%	8h	0.2278	−0.022%	$5.5M	$20.2M	60x	as long as short
BloFin ARB-USDT	+0.0038%	8h	0.2273	−0.241%	$3.1M	$2.8M	75x	as long as short
Bitget ARBUSDT	+0.0067%	8h	0.2278	−0.026%	$21.5M	$36.0M	50x	as long as short
BingX ARB-USDT	+0.0067%	8h	0.2278	−0.035%	—	$53.5M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2281	+0.086%	$149K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2279	+0.018%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2282	+0.132%	$41.5M	$47.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2278	−0.036%	$709K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2279	+0.032%	$48K	$185K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2279	+0.013%	$19.8M	$16.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2274	−0.193%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2275	−0.174%	$485K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2273	−0.246%	$122K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2277	−0.070%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2280	+0.066%	$291K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2277	−0.070%	$5.2M	$13.1M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2278	−0.026%	$513K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0235%	1h	0.2280	+0.068%	$1.2M	$4.9M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2278	−0.005%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0296% / S −0.0186%	1h	0.2280	+0.042%	$932K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2281	+0.094%	$504K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0479%	1h	0.2282	+0.158%	$928K	$2.8M	20x	as long as short