Funding you earn now, next payment 16:00 UTC−0.0163%/8h= −17.9% APRnext payment −$1.63 per $10,000 · paid last 24h +0.017%
Price spread now: Gate against Variational Omni+1.117%7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.010%−$1 on $10k
+Price spread, last 7 days−1.064%−$106 · spread now +1.117%, 7d avg −0.019%
=Together, before fees−1.074%+ Points / potential airdropVariational Omni: Active · farm board−$107 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 1.136% dearer against Variational Omni than usual: you sell high and buy low (spread +1.117% now, against its 7-day average of −0.019%): +$114 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 23 days. At the pace of the last 4 days (−0.010% in total) that is about 14 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2191 | 0.0025 | pay 0.0025% / 8h | 7h 23m | $1.8M | $3.0M | — |
| Short | Gate ARB_USDT | 0.2215 | −0.0138 | pay 0.0138% / 8h | 7h 23m | $5.4M | $18.2M | 60x |
Variational Omni ARB
Gate ARB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$34.28
- Price spread: +1.117% → −0.019%
- $113.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $64.36
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, 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 Variational Omni RFQ quote, 1 min ago | 4.55 bp | doesn't fit | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.28 bp | 18.2 bp −$18 | 25.9 bp −$259 | 97.4 bp −$9,737 | 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 | −0.1605% | 1h | 0.2205 | +0.638% | $40K | $372K | 12x | as long as short |
| Phemex ARBUSDT | −0.0496% | 8h | 0.2216 | +1.140% | $4.8M | $12.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0175% | 1h | 0.2217 | +1.167% | $9K | $2.3M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0167% | 1h | 0.2216 | +1.158% | $1.1M | $4.3M | 50x | as long as short |
| Gate ARB_USDTshort | −0.0138% | 8h | 0.2215 | +1.117% | $5.4M | $18.2M | 60x | |
| OKX ARB-USDT-SWAP | −0.0093% | 8h | 0.2216 | +1.131% | $22.4M | $147.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0092% | 8h | 0.2216 | +1.154% | $44.0M | $63.2M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0056% | 1h | 0.2215 | +1.113% | $7K | $209 | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0037% | 8h | 0.2217 | +1.186% | $16K | $415K | 10x | as long as short |
| Bybit ARBUSDT | −0.0022% | 8h | 0.2217 | +1.167% | $54.0M | $125.9M | 50x | as long as short |
Injective ARB/USDC PERP
Phemex ARBUSDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2199 | +0.363% | $65K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2218 | +1.231% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2217 | +1.206% | $73K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2215 | +1.110% | $365K | $3.0M | 25x | as long as short |
| Binance ARBUSDT | +0.0017% | 8h | 0.2217 | +1.200% | $64.1M | $299.0M | 75x | as long as short |
| Variational Omni ARBlong | +0.0025% | 8h | 0.2191 | long leg | $1.8M | $3.0M | — | |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2216 | +1.140% | $21.2M | $34.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0065% | 8h | 0.2217 | +1.190% | — | $32.8M | — | as long as short |
| BloFin ARB-USDT | +0.0067% | 8h | 0.2215 | +1.103% | $3.0M | $2.4M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2218 | +1.236% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2218 | +1.222% | $1.3M | $5.6M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2218 | +1.236% | $36.5M | $51.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2219 | +1.267% | $635K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2216 | +1.136% | $44K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2218 | +1.208% | $19.7M | $13.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2198 | +0.299% | $40K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2200 | +0.387% | $473K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | +0.136% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2217 | +1.186% | $74K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2219 | +1.277% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | +1.190% | $297K | $835K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2217 | +1.178% | $534K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0223% | 1h | 0.2220 | +1.313% | $991K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2217 | +1.196% | $837K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2215 | +1.084% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2220 | +1.323% | $532K | $1.6M | 50x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Bitget ARBUSDT
BingX ARB-USDT
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX