Funding you earn now, next payment 03:00 UTC+0.0253%/8h= +27.7% APRpaid last 24h +0.032%
Price spread now: Pacifica against Variational Omni−0.077%52s7-day average −0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.823%+$82 · spread now −0.077%, 7d avg −0.032%
=Together, before fees+0.872%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board+$87 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.045% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.032%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$8 a day). At the pace of the last 3 days (+0.050% in total) that is about 3.1 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.050% in total (about 5.3% 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 | 0.2213 | −0.0153 | get 0.0153% / 8h | 5h 45m | $1.9M | $2.9M | — |
| Short | Pacifica ARB | 0.2212 | 0.0100 | get 0.0013% / 1h | 45m 49s | $42K | $179K | 10x |
Variational Omni ARB
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $53.15
- Price spread: −0.077% → −0.032%
- −$4.45
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $40.7
- Costs to cover
- 0.080%
- Break-even
- 1.6 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Pacifica: live order book, 17 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 Pacifica live order book, 17 min ago | 8.99 bp | 13.5 bp −$14 | 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 | −0.1577% | 1h | 0.2205 | −0.382% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0158% | 1h | 0.2213 | +0.002% | $10K | $2.4M | 5x | as long as short |
| Variational Omni ARBlong | −0.0153% | 8h | 0.2213 | long leg | $1.9M | $2.9M | — | |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2212 | −0.075% | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDT | −0.0136% | 8h | 0.2213 | −0.025% | $38.3M | $59.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0135% | 8h | 0.2213 | +0.002% | $22.2M | $151.7M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0120% | 1h | 0.2214 | +0.033% | $102K | $2.1M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2215 | +0.056% | $1.1M | $4.6M | 50x | as long as short |
| Gate ARB_USDT | −0.0083% | 8h | 0.2213 | +0.002% | $5.4M | $19.0M | 60x | as long as short |
| Bybit ARBUSDT | −0.0082% | 8h | 0.2213 | −0.003% | $56.3M | $126.5M | 50x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
Gate ARB_USDT
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0072% | 8h | 0.2214 | +0.024% | $12K | $383K | 10x | as long as short |
| ApeX Omni ARBUSDT | −0.0045% | 1h | 0.2213 | −0.021% | $119K | $284K | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2213 | −0.040% | $65K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2211 | −0.116% | $352K | $2.5M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2215 | +0.078% | $24K | $34K | 25x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2214 | +0.020% | $64.5M | $309.0M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2217 | +0.138% | $11K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0022% | 8h | 0.2213 | −0.021% | — | $2.7M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2216 | +0.116% | $141K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0093% | 8h | 0.2213 | −0.021% | $4.9M | $12.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2214 | +0.011% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2215 | +0.056% | $38.4M | $49.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2213 | +0.002% | $657K | $1.6M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2212 | −0.077% | $42K | $179K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2213 | −0.003% | $19.5M | $15.5M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2213 | −0.021% | $21.1M | $35.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2213 | −0.043% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2211 | −0.116% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2216 | +0.097% | $476K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2219 | +0.250% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2212 | −0.084% | $297K | $952K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2214 | +0.020% | $505K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2213 | −0.005% | $485K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2217 | +0.149% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2213 | −0.012% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0525% | 1h | 0.2217 | +0.178% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
ApeX Omni ARBUSDT
dYdX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Aevo ARB-PERP
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP