Funding you earn now, next payment 00:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h −0.012%
Price spread now: Extended against Variational Omni+0.126%7-day average −0.099% · 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)0.000%$0 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now +0.126%, 7d avg −0.099%
=Together, before fees−0.138%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.225% dearer against Variational Omni than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.099%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.000% in total (about 0.0% 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 | Variational Omni ARB | 0.2264 | −0.0192 | get 0.0192% / 8h | 10m 30s | $2.0M | $2.8M | — |
| Short | Extended ARB-USD | 0.2266 | 0.0008 | get 0.0001% / 1h | 10m 30s | $361K | $2.3M | 25x |
Variational Omni ARB
Extended ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $41.98
- Price spread: +0.126% → −0.099%
- $22.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $59.49
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Extended: 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, 4 min ago | 4.40 bp | doesn't fit | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 15.41 bp | 17.9 bp −$18 | 75.2 bp −$752 | 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 | 0.2258 | −0.244% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0246% | 1h | 0.2266 | +0.132% | $68K | $2.0M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0235% | 1h | 0.2265 | +0.065% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2265 | +0.070% | $7K | $2K | 10x | as long as short |
| Variational Omni ARBlong | −0.0192% | 8h | 0.2264 | long leg | $2.0M | $2.8M | — | |
| Bybit ARBUSDT | −0.0175% | 8h | 0.2266 | +0.114% | $58.4M | $128.1M | 50x | as long as short |
| SoDEX ARB-USD | −0.0166% | 1h | 0.2264 | +0.021% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2266 | +0.092% | $22.9M | $159.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0110% | 8h | 0.2265 | +0.065% | $38.4M | $60.1M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2264 | +0.021% | $13K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Bybit ARBUSDT
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 | −0.0013% | 8h | 0.2268 | +0.202% | $5.5M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2269 | +0.227% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2266 | +0.128% | $56K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2266 | +0.127% | $66.7M | $313.5M | 75x | as long as short |
| Extended ARB-USDshort | +0.0008% | 1h | 0.2266 | +0.126% | $361K | $2.3M | 25x | |
| BloFin ARB-USDT | +0.0028% | 8h | 0.2266 | +0.105% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0055% | 8h | 0.2264 | +0.021% | $21.3M | $35.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0059% | 8h | 0.2264 | +0.034% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2266 | +0.090% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2269 | +0.224% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2267 | +0.149% | $41.0M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2267 | +0.162% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2269 | +0.223% | $47K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2265 | +0.070% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2268 | +0.217% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2269 | +0.242% | $487K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2268 | +0.198% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2269 | +0.242% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.145% | $292K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2265 | +0.065% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2274 | +0.463% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2267 | +0.168% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2263 | −0.025% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2266 | +0.107% | $926K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2269 | +0.244% | $516K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0468% | 1h | 0.2268 | +0.185% | $1.0M | $2.9M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
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