Funding you earn now, next payment 06:00 UTC−0.0198%/8h= −21.6% APRpaid last 24h +0.017%
Price spread now: Variational Omni against SoDEX−0.507%7-day average +0.002% · 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)+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.507%, 7d avg +0.002%
=Together, before fees+0.020%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.509% cheaper against SoDEX than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of +0.002%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.053%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.053% in total (about 5.7% 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 | SoDEX ARB-USD | 0.2196 | 0.0100 | pay 0.0013% / 1h | 19m 37s | $9K | $2.2M | 5x |
| Short | Variational Omni ARB | 0.2185 | −0.0098 | pay 0.0098% / 8h | 2h 19m | $1.8M | $3.0M | — |
SoDEX ARB-USD
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SoDEX. 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
- −$41.48
- Price spread: −0.507% → +0.002%
- −$50.94
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$100.42
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 4 min ago; Variational Omni: RFQ quote, 5 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 SoDEX live order book, 4 min ago | 0.23 bp | 5.7 bp −$6 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 6.88 bp | doesn't fit | 29.8 bp −$298 | 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 | −0.1581% | 1h | 0.2176 | −0.906% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2194 | −0.073% | $7K | $236 | 10x | as long as short |
| Variational Omni ARBshort | −0.0098% | 8h | 0.2185 | −0.507% | $1.8M | $3.0M | — | |
| Polymarket Perps ARB-USD | −0.0088% | 1h | 0.2195 | −0.064% | $78K | $2.1M | 10x | as long as short |
| Bybit ARBUSDT | −0.0077% | 8h | 0.2197 | +0.050% | $54.9M | $124.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2197 | +0.049% | $1.1M | $4.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0057% | 8h | 0.2198 | +0.100% | $41.7M | $61.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0056% | 8h | 0.2198 | +0.100% | $21.7M | $144.1M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2196 | +0.005% | $12K | $408K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2198 | +0.106% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2197 | +0.050% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2197 | +0.037% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0057% | 8h | 0.2197 | +0.050% | $21.0M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0078% | 8h | 0.2199 | +0.123% | $5.5M | $18.2M | 60x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2198 | +0.100% | — | $53.8M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2198 | +0.117% | $446K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2198 | +0.109% | $1.3M | $5.5M | 15x | as long as short |
| Extended ARB-USD | +0.0096% | 1h | 0.2197 | +0.063% | $349K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0096% | 8h | 0.2198 | +0.114% | $62.8M | $300.1M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2199 | +0.141% | $36.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2198 | +0.108% | $633K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2198 | +0.116% | $42K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2199 | +0.137% | $19.6M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2182 | −0.646% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2182 | −0.641% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2182 | −0.633% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2199 | +0.141% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USDlong | +0.0100% | 1h | 0.2196 | long leg | $9K | $2.2M | 5x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2197 | +0.050% | $293K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2197 | +0.050% | $4.9M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2197 | +0.032% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0210% | 8h | 0.2185 | −0.478% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2197 | +0.038% | $831K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2198 | +0.096% | $509K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2194 | −0.071% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0719% | 1h | 0.2201 | +0.228% | $987K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
RISEx ARB/USDC
Lighter ARB
Extended ARB-USD
Binance ARBUSDT
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
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP