Funding you earn now, next payment 04:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h +0.013%
Price spread now: Kraken Futures against Variational Omni+0.116%7-day average +0.070% · 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)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+1.393%+$139 · spread now +0.116%, 7d avg +0.070%
=Together, before fees+1.413%+ Points / potential airdropVariational Omni: Active · farm board+$141 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.046% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2192 | −0.0117 | get 0.0117% / 8h | 4h 51m | $1.8M | $2.9M | — |
| Short | Kraken Futures PF_ARBUSD | 0.2195 | −0.0006 | pay 0.0001% / 1h | 51m 02s | $1.1M | $4.4M | 50x |
Variational Omni ARB
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $23.31
- Price spread: +0.116% → +0.070%
- $4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $17.96
- Costs to cover
- 0.100%
- Break-even
- 1.6 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Kraken Futures: 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 | 4.53 bp | doesn't fit | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 8.84 bp | 15.3 bp −$15 | 21.1 bp −$211 | 451.4 bp −$45.1K | 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 | −0.1649% | 1h | 0.2183 | −0.427% | $39K | $372K | 12x | as long as short |
| MEXC ARB_USDT | −0.0139% | 8h | 0.2199 | +0.316% | $40.8M | $59.5M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0139% | 8h | 0.2199 | +0.316% | $22.2M | $147.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2195 | +0.116% | $7K | $2K | 10x | as long as short |
| Variational Omni ARBlong | −0.0117% | 8h | 0.2192 | long leg | $1.8M | $2.9M | — | |
| Polymarket Perps ARB-USD | −0.0105% | 1h | 0.2195 | +0.106% | $70K | $2.2M | 10x | as long as short |
| Gate ARB_USDT | −0.0102% | 8h | 0.2194 | +0.093% | $5.3M | $18.6M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0078% | 8h | 0.2194 | +0.075% | $13K | $388K | 10x | as long as short |
| SoDEX ARB-USD | −0.0062% | 1h | 0.2194 | +0.070% | $10K | $2.3M | 5x | as long as short |
| Bybit ARBUSDT | −0.0044% | 8h | 0.2199 | +0.303% | $55.7M | $125.9M | 50x | as long as short |
Injective ARB/USDC PERP
MEXC ARB_USDT
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Gate ARB_USDT
Orderly PERP_ARB_USDC
SoDEX ARB-USD
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARBUSDshort | −0.0006% | 1h | 0.2195 | +0.116% | $1.1M | $4.4M | 50x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2194 | +0.075% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2195 | +0.106% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2195 | +0.106% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2198 | +0.270% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2200 | +0.345% | $64.2M | $306.6M | 75x | as long as short |
| BloFin ARB-USDT | +0.0039% | 8h | 0.2195 | +0.102% | $3.1M | $2.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2199 | +0.303% | $20.9M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0070% | 8h | 0.2197 | +0.216% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2195 | +0.115% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2194 | +0.079% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.125% | $37.9M | $48.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2195 | +0.129% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2195 | +0.116% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2199 | +0.289% | $19.5M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2204 | +0.534% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2205 | +0.576% | $470K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2204 | +0.531% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2196 | +0.166% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.134% | $298K | $955K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2195 | +0.120% | $4.9M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2197 | +0.211% | $492K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2197 | +0.193% | $478K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2195 | +0.110% | $819K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2194 | +0.055% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0552% | 1h | 0.2198 | +0.252% | $992K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
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
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP