Funding you earn now, next payment 22:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h −0.023%
Price spread now: dYdX against Variational Omni+0.549%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and dYdX is 0.549% dearer against Variational Omni than usual: you sell high and buy low: +$55 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2209 | −0.0191 | get 0.0191% / 8h | 2h 47m | $1.9M | $2.8M | — |
| Short | dYdX ARB-USD | 0.2222 | 0 | get 0.0000% / 1h | 47m 37s | $66K | $4K | 10x |
Variational Omni ARB
dYdX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $40.06
- Price spread: +0.549% → 0.000%
- $54.94
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $85.01
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; dYdX: no order-book sample. 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, 2 min ago | 4.52 bp | doesn't fit | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1675% | 1h | 0.2199 | −0.473% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0384% | 1h | 0.2220 | +0.495% | $7K | $2K | 10x | as long as short |
| ApeX Omni ARBUSDT | −0.0271% | 1h | 0.2210 | +0.024% | $120K | $297K | 50x | as long as short |
| Bybit ARBUSDT | −0.0239% | 8h | 0.2219 | +0.427% | $57.7M | $134.8M | 50x | as long as short |
| Variational Omni ARBlong | −0.0191% | 8h | 0.2209 | long leg | $1.9M | $2.8M | — | |
| OKX ARB-USDT-SWAP | −0.0057% | 8h | 0.2218 | +0.405% | $22.1M | $164.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0057% | 8h | 0.2219 | +0.441% | $37.6M | $63.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2217 | +0.319% | $1.1M | $5.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0022% | 1h | 0.2214 | +0.219% | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0021% | 1h | 0.2215 | +0.246% | $36K | $18K | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
ApeX Omni ARBUSDT
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0007% | 8h | 0.2214 | +0.205% | $10K | $383K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0002% | 1h | 0.2214 | +0.196% | $76K | $2.3M | 10x | as long as short |
| dYdX ARB-USDshort | 0.0000% | 1h | 0.2222 | +0.549% | $66K | $4K | 10x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2215 | +0.251% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0006% | 8h | 0.2221 | +0.511% | $63.3M | $326.0M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2218 | +0.402% | $353K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0013% | 8h | 0.2212 | +0.101% | $3.0M | $3.3M | 75x | as long as short |
| Gate ARB_USDT | +0.0023% | 8h | 0.2220 | +0.477% | $5.5M | $21.5M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2215 | +0.256% | $145K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2219 | +0.427% | — | $54.1M | — | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2219 | +0.432% | $20.9M | $38.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2221 | +0.504% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2222 | +0.563% | $39.8M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2217 | +0.364% | $690K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2220 | +0.473% | $45K | $207K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2221 | +0.513% | $20.5M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2212 | +0.111% | $38K | $449K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2211 | +0.051% | $474K | $4.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2216 | +0.296% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | +0.319% | $272K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2215 | +0.251% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0168% | 1h | 0.2215 | +0.267% | $812K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2217 | +0.341% | $506K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2213 | +0.157% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0411% | 1h | 0.2220 | +0.477% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2223 | +0.601% | $487K | $2.9M | 10x | as long as short |
Orderly PERP_ARB_USDC
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Gate ARB_USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC