Funding you earn now, next payment 02:00 UTC+0.0290%/8h= +31.8% APRpaid last 24h +0.084%
Price spread now: Hyperliquid against Variational Omni+0.915%7-day average +0.083% · 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)+0.172%+$17 on $10k
+Price spread, last 7 days−0.841%−$84 · spread now +0.915%, 7d avg +0.083%
=Together, before fees−0.669%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.833% dearer against Variational Omni than usual: you sell high and buy low: +$83 more if the spread goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2195 | −0.0190 | get 0.0190% / 8h | 6h 51m | $1.8M | $2.8M | — |
| Short | Hyperliquid ARB | 0.2215 | 0.0100 | get 0.0013% / 1h | 51m 26s | $38.2M | $50.4M | 10x |
Variational Omni ARB
Hyperliquid ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $60.94
- Price spread: +0.915% → +0.083%
- $83.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $135.21
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Hyperliquid: live order book, 12 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 | 4.54 bp | doesn't fit | 27.2 bp −$272 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 1.55 bp | 9.3 bp −$9 | doesn't fit | 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 | −0.1692% | 1h | 0.2196 | +0.045% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.0744% | 1h | 0.2210 | +0.683% | $119K | $296K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2213 | +0.806% | $7K | $2K | 10x | as long as short |
| Variational Omni ARBlong | −0.0190% | 8h | 0.2195 | long leg | $1.8M | $2.8M | — | |
| OKX ARB-USDT-SWAP | −0.0105% | 8h | 0.2215 | +0.892% | $22.4M | $157.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0103% | 8h | 0.2213 | +0.820% | $37.3M | $58.9M | 200x | as long as short |
| Bybit ARBUSDT | −0.0084% | 8h | 0.2214 | +0.847% | $57.2M | $129.1M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0066% | 1h | 0.2218 | +1.025% | $24K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0054% | 8h | 0.2215 | +0.911% | $13K | $385K | 10x | as long as short |
| SoDEX ARB-USD | −0.0036% | 1h | 0.2217 | +0.979% | $10K | $2.5M | 5x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDC
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2212 | +0.758% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2215 | +0.911% | $31K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2214 | +0.870% | $65.1M | $318.0M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2213 | +0.826% | $352K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0020% | 8h | 0.2210 | +0.697% | $3.2M | $2.9M | 75x | as long as short |
| Gate ARB_USDT | +0.0043% | 8h | 0.2214 | +0.851% | $5.4M | $19.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2218 | +1.047% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2212 | +0.792% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2215 | +0.915% | $38.2M | $50.4M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2215 | +0.897% | $660K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2213 | +0.829% | $43K | $186K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2214 | +0.861% | $19.6M | $15.9M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2213 | +0.820% | $21.1M | $36.4M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2214 | +0.861% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2208 | +0.582% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2209 | +0.621% | $479K | $3.6M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2214 | +0.879% | $76K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2216 | +0.956% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2216 | +0.952% | $291K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2217 | +1.002% | $5.1M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2215 | +0.911% | $508K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2217 | +1.014% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2213 | +0.805% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0311% | 1h | 0.2218 | +1.062% | $1.1M | $4.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2216 | +0.947% | $500K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0526% | 1h | 0.2221 | +1.180% | $1.0M | $2.9M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Gate ARB_USDT
Aevo ARB-PERP
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP