Funding you earn now, next payment 00:00 UTC+0.0247%/8h= +27.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against Variational Omni+0.277%7-day average −0.029% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.008%+$1 on $10k
+Price spread, last 7 days−0.226%−$23 · spread now +0.277%, 7d avg −0.029%
=Together, before fees−0.218%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.306% dearer against Variational Omni than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.029%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.008% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 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 | Variational Omni ARB | 0.2268 | −0.0186 | get 0.0186% / 8h | 15m 57s | $2.0M | $2.8M | — |
| Short | Bitget ARBUSDT | 0.2274 | 0.0061 | get 0.0061% / 8h | 15m 57s | $21.5M | $36.0M | 50x |
Variational Omni ARB
Bitget ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Variational Omni. 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
- $51.9
- Price spread: +0.277% → −0.029%
- $30.6
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $70.5
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 3 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 Variational Omni RFQ quote, 3 min ago | 6.63 bp | doesn't fit | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.21 bp | 11.7 bp −$12 | 20.2 bp −$202 | 137.0 bp −$13.7K | 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 | 0.2255 | −0.561% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0256% | 1h | 0.2269 | +0.048% | $68K | $2.0M | 10x | as long as short |
| Variational Omni ARBlong | −0.0186% | 8h | 0.2268 | long leg | $2.0M | $2.8M | — | |
| 01 Exchange ARBUSD | −0.0184% | 1h | 0.2269 | +0.056% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0167% | 8h | 0.2273 | +0.242% | $58.6M | $128.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0146% | 1h | 0.2270 | +0.078% | $26K | $32K | 25x | as long as short |
| SoDEX ARB-USD | −0.0125% | 1h | 0.2269 | +0.048% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0106% | 8h | 0.2274 | +0.268% | $22.9M | $160.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0105% | 8h | 0.2274 | +0.277% | $38.6M | $60.0M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2269 | +0.056% | $13K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0003% | 8h | 0.2272 | +0.184% | $5.5M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2272 | +0.174% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2270 | +0.122% | $56K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0012% | 8h | 0.2275 | +0.339% | $66.9M | $313.8M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2274 | +0.256% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0049% | 8h | 0.2265 | −0.124% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDTshort | +0.0061% | 8h | 0.2274 | +0.277% | $21.5M | $36.0M | 50x | |
| BingX ARB-USDC | +0.0062% | 8h | 0.2274 | +0.264% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2271 | +0.134% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2271 | +0.162% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2276 | +0.369% | $41.2M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2275 | +0.320% | $709K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2271 | +0.160% | $47K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2277 | +0.396% | $19.8M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2263 | −0.208% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2265 | −0.120% | $483K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2264 | −0.164% | $122K | $296K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2271 | +0.145% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | −0.036% | $292K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2269 | +0.056% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2271 | +0.162% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2271 | +0.163% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2268 | −0.008% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2270 | +0.103% | $928K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2272 | +0.174% | $516K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0477% | 1h | 0.2275 | +0.321% | $1.0M | $2.9M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
BingX ARB-USDC
Aevo ARB-PERP
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
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP