Funding you earn now, next payment 00:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h −0.068%
Price spread now: Variational Omni against Deribit−0.127%7-day average −0.005% · 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)−0.090%−$9 on $10k
+Price spread, last 3 days (all we have)+0.135%+$14 · spread now −0.127%, 7d avg −0.005%
=Together, before fees+0.045%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.122% cheaper against Deribit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARM_USDC-PERPETUAL | 326.05 | 0.0456 | pay 0.0057% / 1h | 0m 51s | $12K | $128K | 10x |
| Short | Variational Omni ARM | 325.64 | 0.0233 | get 0.0233% / 8h | 0m 51s | $213K | $523K | — |
Deribit ARM_USDC-PERPETUAL
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- −$46.8
- Price spread: −0.127% → −0.005%
- −$12.19
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$65.99
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 12 min ago; Variational Omni: RFQ quote, 13 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 Deribit live order book, 12 min ago | 0.15 bp | 14.1 bp −$14 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 13 min ago | 2.65 bp | doesn't fit | 35.0 bp −$350 | doesn't fit | doesn't fit |
ARM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0725% | 4h | 325.79 | −0.081% | $35K | $352K | 10x | as long as short |
| BloFin ARM-USDT | −0.0027% | 8h | 325.80 | −0.077% | $124K | $45K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.32 | −0.224% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.67 | −0.117% | $2.0M | $2.4M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.69 | −0.110% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.37 | −0.209% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 325.61 | −0.135% | $1K | $3.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.03 | −0.006% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.94 | −0.034% | $89K | $286K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 325.36 | −0.212% | — | — | 10x | as long as short |
edgeX ARMUSDC
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0033% | 1h | 325.83 | −0.067% | $1.1M | $4.8M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.79 | −0.080% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.60 | −0.138% | $381K | $2.1M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.72 | −0.101% | $208K | $551K | 10x | as long as short |
| Gate ARM_USDT | +0.0079% | 8h | 326.00 | −0.015% | $1.5M | $4.2M | 50x | as long as short |
| tradeXYZ xyz:ARM | +0.0125% | 1h | 325.29 | −0.233% | $8.0M | $9.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.15 | +1.257% | $5K | $52K | 12x | as long as short |
| Variational Omni ARMshort | +0.0233% | 8h | 325.64 | −0.127% | $213K | $523K | — | |
| Phoenix ARM | +0.0271% | 1h | 325.87 | −0.055% | $5K | $460K | 10x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 325.48 | −0.176% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | +0.0356% | 8h | 325.26 | −0.243% | $8.6M | $50.9M | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0373% | 8h | 325.92 | −0.041% | $577 | $199K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUALlong | +0.0456% | 1h | 326.05 | long leg | $12K | $128K | 10x | |
| KuCoin ARMUSDTM | +0.0715% | 8h | 326.14 | +0.028% | $2.3M | $119K | 20x | as long as short |
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Phoenix ARM
Extended ARM-USD
Binance ARMUSDT
GRVT ARM_USDT_Perp
KuCoin ARMUSDTM