Funding you earn now, next payment 11:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: Variational Omni against Lighter+0.050%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.050% dearer against Lighter than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARM | 320.57 | 0.0032 | pay 0.0004% / 1h | 30m 22s | — | — | 10x |
| Short | Variational Omni ARM | 320.73 | 0 | get 0.0000% / 8h | 5h 30m | $186K | $219K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- −$6.72
- Price spread: +0.050% → 0.000%
- $4.98
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$1.74
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Variational Omni: RFQ quote, 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 17 min ago | 3.95 bp | doesn't fit | 60.5 bp −$605 | doesn't fit | doesn't fit |
Lighter: 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.
ARM on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0018% | 8h | 320.71 | +0.044% | $128K | $56K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.33 | +0.236% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.00 | +0.134% | $31K | $321K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.00 | +0.134% | $8.2M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.02 | +0.140% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.08 | +0.159% | $1.7M | $6.2M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.13 | +0.175% | $1.4M | $4.0M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 321.12 | +0.172% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 320.73 | +0.050% | $186K | $219K | — | |
| SunX ARM-USDT | 0.0000% | 8h | 320.80 | +0.072% | $1K | $2.1M | 10x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 320.86 | +0.090% | $12K | $54K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.49 | −0.025% | $18K | $11K | 20x | as long as short |
| QFEX ARM-USD | +0.0019% | 1h | 320.86 | +0.090% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 320.57 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.14 | +0.178% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.11 | +0.168% | $365K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.71 | +0.044% | $181K | $440K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0057% | 1h | 321.04 | +0.147% | $8.3M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0096% | 1h | 320.69 | +0.037% | $99K | $271K | 10x | as long as short |
| edgeX ARMUSDC | +0.0173% | 4h | 320.67 | +0.031% | $35K | $363K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0196% | 8h | 320.94 | +0.115% | $2.3M | $293K | 20x | as long as short |
| Injective ARM/USDC PERP | +0.0207% | 1h | 322.26 | +0.527% | $3K | $60K | 12x | as long as short |
| Phoenix ARM | +0.0248% | 1h | 320.74 | +0.053% | $8K | $424K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0495% | 8h | 320.69 | +0.038% | $914 | $257K | 10x | as long as short |
Lighter ARM
Variational Omni ARM
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
edgeX ARMUSDC
KuCoin ARMUSDTM
Injective ARM/USDC PERP
Phoenix ARM
GRVT ARM_USDT_Perp