Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.097%
Price spread now: Variational Omni against RISEx−0.037%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.332%−$33 on $10k
+Price spread, last 5 days (all we have)+0.070%+$7 · spread now −0.037%, 7d avg −0.005%
=Together, before fees−0.262%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.032% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2187 | 0.0069 | pay 0.0009% / 1h | 0m 30s | $511K | $2.7M | 10x |
| Short | Variational Omni ARB | 0.2187 | 0.0029 | get 0.0029% / 8h | 0m 30s | $1.8M | $3.0M | — |
RISEx ARB/USDC
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against RISEx. 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
- −$8.45
- Price spread: −0.037% → −0.005%
- −$3.21
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.67
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; Variational Omni: RFQ quote, 4 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 RISEx live order book, 3 min ago | 1.15 bp | 5.5 bp −$6 | 18.0 bp −$180 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.58 bp | doesn't fit | 13.7 bp −$137 | 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 | −0.1612% | 1h | 0.2174 | −0.615% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2186 | −0.067% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0070% | 8h | 0.2186 | −0.076% | $22.0M | $144.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0068% | 8h | 0.2186 | −0.053% | $41.8M | $62.9M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2186 | −0.067% | $16K | $410K | 10x | as long as short |
| SoDEX ARB-USD | −0.0015% | 1h | 0.2187 | −0.026% | $9K | $2.2M | 5x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2187 | −0.043% | $63.0M | $299.1M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2188 | +0.011% | $65K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2186 | −0.075% | $350K | $3.1M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2188 | +0.011% | $28K | $38K | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
SoDEX ARB-USD
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2188 | +0.006% | $72K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0020% | 8h | 0.2186 | −0.058% | $5.4M | $18.5M | 60x | as long as short |
| Polymarket Perps ARB-USD | +0.0024% | 1h | 0.2188 | +0.011% | $73K | $2.1M | 10x | as long as short |
| Bybit ARBUSDT | +0.0027% | 8h | 0.2186 | −0.053% | $53.2M | $125.9M | 50x | as long as short |
| Variational Omni ARBshort | +0.0029% | 8h | 0.2187 | −0.037% | $1.8M | $3.0M | — | |
| RISEx ARB/USDClong | +0.0069% | 1h | 0.2187 | long leg | $511K | $2.7M | 10x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2188 | +0.005% | $139K | $7K | 3x | as long as short |
| BingX ARB-USDC | +0.0087% | 8h | 0.2185 | −0.126% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2186 | −0.067% | $21.1M | $34.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2188 | +0.016% | $1.1M | $4.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2186 | −0.053% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2188 | +0.002% | $36.6M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2188 | +0.013% | $626K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2188 | +0.012% | $43K | $146K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2187 | −0.026% | $19.4M | $13.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2181 | −0.293% | $39K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2181 | −0.310% | $463K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2184 | −0.158% | $118K | $268K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2186 | −0.067% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.070% | $293K | $838K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2187 | −0.021% | $4.8M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0120% | 8h | 0.2187 | −0.035% | $3.0M | $2.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2188 | +0.006% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2185 | −0.095% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2187 | −0.021% | $513K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0409% | 1h | 0.2190 | +0.139% | $979K | $2.8M | 20x | as long as short |
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Polymarket Perps ARB-USD
Bybit ARBUSDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP