Funding you earn now, next payment 08:00 UTC+0.0272%/8h= +29.8% APRnext payment +$2.72 per $10,000 · paid last 24h +0.032%
Price spread now: KuCoin against Variational Omni+0.063%7-day average +0.011% · 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)+0.047%+$5 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.063%, 7d avg +0.011%
=Together, before fees+0.056%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.052% 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 +0.011%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.047% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.72 per $10,000. 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 | 0.2211 | −0.0172 | get 0.0172% / 8h | 6h 27m | $1.9M | $2.9M | — |
| Short | KuCoin ARBUSDTM | 0.2212 | 0.0100 | get 0.0100% / 8h | 6h 27m | $19.6M | $15.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $57.1
- Price spread: +0.063% → +0.011%
- $5.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $50.28
- Costs to cover
- 0.120%
- Break-even
- 0.8 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; KuCoin: live order book, 7 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, 2 min ago | 6.79 bp | doesn't fit | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 1.13 bp | 19.1 bp −$19 | 46.9 bp −$469 | doesn't fit | doesn't fit |
ARB on 35 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 | 0.2203 | −0.358% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0248% | 1h | 0.2212 | +0.049% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0224% | 1h | 0.2212 | +0.049% | $10K | $2.5M | 5x | as long as short |
| Variational Omni ARBlong | −0.0172% | 8h | 0.2211 | long leg | $1.9M | $2.9M | — | |
| OKX ARB-USDT-SWAP | −0.0117% | 8h | 0.2211 | +0.022% | $22.3M | $156.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0114% | 8h | 0.2213 | +0.072% | $40.0M | $59.7M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0112% | 1h | 0.2212 | +0.058% | $24K | $34K | 25x | as long as short |
| Gate ARB_USDT | −0.0073% | 8h | 0.2213 | +0.077% | $5.4M | $19.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0072% | 8h | 0.2212 | +0.036% | $56.7M | $128.9M | 50x | as long as short |
| ApeX Omni ARBUSDT | −0.0069% | 1h | 0.2211 | +0.004% | $119K | $293K | 50x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0060% | 8h | 0.2212 | +0.049% | $13K | $382K | 10x | as long as short |
| Binance ARBUSDT | −0.0002% | 8h | 0.2213 | +0.099% | $64.6M | $318.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2214 | +0.155% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2211 | +0.012% | $353K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2213 | +0.100% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2213 | +0.095% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2212 | +0.036% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | +0.095% | $38.6M | $51.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2212 | +0.054% | $659K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2215 | +0.176% | $42K | $186K | 10x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2212 | +0.063% | $19.6M | $15.8M | 75x | |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2213 | +0.095% | $21.3M | $36.3M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2213 | +0.099% | — | $54.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2211 | −0.017% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2212 | +0.061% | $471K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2213 | +0.077% | $76K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2211 | +0.004% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2212 | +0.054% | $297K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2212 | +0.049% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2215 | +0.185% | $507K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2213 | +0.089% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2211 | +0.016% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2213 | +0.101% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2214 | +0.127% | $473K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0519% | 1h | 0.2216 | +0.221% | $998K | $2.9M | 20x | as long as short |
Variational Omni ARB
KuCoin ARBUSDTM
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Bybit ARBUSDT
ApeX Omni ARBUSDT
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Bitget ARBUSDT
BingX ARB-USDT
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]
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP