Funding you earn now, next payment 06:00 UTC−0.0131%/8h= −14.3% APRpaid last 24h −0.026%
Price spread now: Variational Omni against tradeXYZ+0.124%7-day average +0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.124%, 7d avg +0.019%
=Together, before fees−0.224%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.105% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of +0.019%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 4 days (−0.055% in total) that is about 6.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 321.14 | 0.0131 | pay 0.0016% / 1h | 4m 52s | $8.1M | $8.7M | 10x |
| Short | Variational Omni ARM | 321.54 | 0 | get 0.0000% / 8h | 2h 04m | $185K | $292K | — |
tradeXYZ xyz:ARM
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- −$27.43
- Price spread: +0.124% → +0.019%
- $10.47
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$34.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 3 min ago; Variational Omni: RFQ quote, 44 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 tradeXYZ live order book, 3 min ago | 1.40 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 44 min ago | 6.24 bp | doesn't fit | 64.9 bp −$649 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0855% | 8h | 321.30 | +0.050% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0710% | 4h | 321.59 | +0.140% | $34K | $351K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.29 | +0.046% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.16 | +0.007% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.34 | +0.061% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.33 | +0.059% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.11 | −0.009% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.36 | +0.069% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 321.54 | +0.124% | $185K | $292K | — | |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.70 | +0.173% | $692 | $221K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.30 | +0.050% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.69 | +0.171% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 321.38 | +0.075% | $1.1M | $3.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0015% | 8h | 321.22 | +0.025% | $120K | $51K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.97 | −0.053% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.58 | +0.137% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.25 | +0.034% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.62 | +0.149% | $184K | $429K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0093% | 1h | 321.20 | +0.019% | $12K | $59K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.08 | −0.019% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0131% | 1h | 321.14 | long leg | $8.1M | $8.7M | 10x | |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.23 | +0.028% | $100K | $299K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 321.57 | +0.134% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +0.613% | $5K | $50K | 12x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP