Funding you earn now, next payment 22:00 UTC+0.0468%/8h= +51.3% APRpaid last 24h +0.063%
Price spread now: Reya against Variational Omni+0.309%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Reya is 0.309% dearer against Variational Omni than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2229 | −0.0178 | get 0.0178% / 8h | 2h 34m | $1.9M | $2.8M | — |
| Short | Reya ARBRUSDPERP | 0.2236 | 0.0291 | get 0.0036% / 1h | 34m 50s | $2K | $695 | 20x |
Variational Omni ARB
Reya ARBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $98.37
- Price spread: +0.309% → 0.000%
- $30.95
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $123.32
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Reya: no order-book sample. 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, 4 min ago | 6.72 bp | doesn't fit | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1675% | 1h | 0.2223 | −0.290% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0304% | 1h | 0.2237 | +0.333% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0209% | 8h | 0.2237 | +0.329% | $56.6M | $136.3M | 50x | as long as short |
| Variational Omni ARBlong | −0.0178% | 8h | 0.2229 | long leg | $1.9M | $2.8M | — | |
| OKX ARB-USDT-SWAP | −0.0074% | 8h | 0.2236 | +0.306% | $22.2M | $165.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0073% | 8h | 0.2238 | +0.369% | $37.6M | $63.4M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2239 | +0.411% | $1.1M | $5.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0045% | 1h | 0.2238 | +0.383% | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0018% | 1h | 0.2239 | +0.409% | $37K | $18K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0012% | 8h | 0.2238 | +0.383% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0003% | 1h | 0.2237 | +0.356% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2235 | +0.245% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2238 | +0.395% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0007% | 8h | 0.2238 | +0.391% | $5.5M | $21.5M | 60x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2237 | +0.350% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0009% | 8h | 0.2238 | +0.390% | $63.7M | $326.3M | 75x | as long as short |
| BloFin ARB-USDT | +0.0034% | 8h | 0.2238 | +0.387% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2239 | +0.409% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0084% | 8h | 0.2235 | +0.266% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2238 | +0.383% | $21.0M | $38.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2239 | +0.432% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2240 | +0.468% | $40.1M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2238 | +0.375% | $696K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2236 | +0.275% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2240 | +0.477% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2233 | +0.144% | $38K | $449K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2236 | +0.298% | $482K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2235 | +0.248% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2239 | +0.427% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2237 | +0.342% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2237 | +0.338% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2239 | +0.414% | $820K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2240 | +0.454% | $507K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERPshort | +0.0291% | 1h | 0.2236 | +0.309% | $2K | $695 | 20x | |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2239 | +0.430% | $492K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0547% | 1h | 0.2242 | +0.557% | $1.1M | $2.7M | 20x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP