Variational Omni vs Arcus
Variational Omni traded 5.4× Arcus's 24-hour volume ($3.33B vs $614.6M).
Head to head
the arrow points to the better figure| Variational Omni | Arcus | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $4.51 |
| $178 | ◀BTC trade, $1M | $679 |
| — | BTC book depth | $3.4M |
| 0.000%/0.000% | ◀Taker / maker | 0.022%/0.000% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $3.33B | ◀Volume 24h | $614.6M |
| $3.10B | ◀Volume, 7-day average | $460.8M |
| $1.02Blongs + shorts | Open interest | $73.6Mone side |
| — | TVL | $43.8M |
| Markets | ||
| 569 | ◀Markets | 60 |
| 134 | ◀Stocks & RWA | 36 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| — | BTC longs paid, 30d | — |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | Variational Omni | Arcus |
|---|---|---|
| $1k | $0.101.0 bp | $0.454.5 bp |
| $10k | $1.001.0 bp | $4.514.5 bp |
| $100k | $10.021.0 bp | $48.024.8 bp |
| $1M | $1781.8 bp | $6796.8 bp |
| $5M | — | — |
HYPE funding per day
pair pageSize
daily, last 30 daysVolume by asset class
last 30 daysOn both: 53
funding /8h · Net 7d at $10k| Asset | Variational Omni | Arcus | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | +$1 |
| ETH | +0.0068% | +0.0100% | +0.0032% | +$3 |
| SOL | +0.0067% | +0.0100% | +0.0033% | −$3 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$13 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$36 |
| NEAR | −0.0140% | +0.0378% | +0.0518% | +$5 |
| ENA | −0.0103% | +0.0394% | +0.0498% | −$2 |
| LIT | +0.0100% | +0.0241% | +0.0141% | −$28 |
| FARTCOIN | +0.0100% | +0.0858% | +0.0758% | −$20 |
| CASHCAT | +0.0100% | +0.1748% | +0.1648% | −$99 |
| BNB | −0.0240% | +0.0100% | +0.0340% | +$5 |
| PUMP | −0.0066% | +0.0100% | +0.0166% | −$10 |
| LINK | −0.0016% | +0.0100% | +0.0116% | −$4 |
| UNI | +0.0051% | +0.0100% | +0.0049% | −$9 |
| PONS | +0.0100% | +0.0100% | 0.0000% | −$101 |
| TAO | −0.0038% | +0.0100% | +0.0138% | −$9 |
| XRP | −0.0039% | +0.0100% | +0.0139% | −$11 |
| SUI | −0.0144% | +0.0100% | +0.0244% | −$9 |
| DOGE | +0.0014% | +0.0100% | +0.0086% | −$4 |
| AAVE | −0.0012% | +0.0100% | +0.0112% | −$5 |
Only on Variational Omni: 502
XAU · XAUT · SP500 · CL · BZ · PAXG · XAG · XMR · LTC · ZRO · STRK · SOXL · ADA · XPL · AERO · ASTER · WLD · GRASS · ANTHROPIC · AVAX · ETHFI · SOXS · VVV · COPPER · CRV · QNT · TSM · NATGAS · MON · ICP · APT · STX · OPENAI · EWY · ONDO · JUP · STRC · W · CHIP · LLY · ARB · SPX · MET · SKY · S · ATOM · UBER · RAY · BRKB · AVGO · DOT · VIRTUAL · TRX · PENDLE · CC · CBRS · XPD · KSM · NIL · DELL · and 442 more
Questions
Is Variational Omni or Arcus cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.00 on Variational Omni and $4.51 on Arcus right now, taker fee and order-book slippage together, so Variational Omni is cheaper. Taker fees: 0% and 0.0225%.
Which has more markets, Variational Omni or Arcus?
Variational Omni lists 569 active markets and Arcus 60; 53 assets trade on both, 30 of them stocks, commodities or other real-world assets.
Does Variational Omni or Arcus require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Arcus: No ID; not available in the US, Canada, the UK or sanctioned regions.
Can you arbitrage funding between Variational Omni and Arcus?
Yes: 8 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was MU, long on Variational Omni and short on Arcus, with $14 left after costs.
Which is bigger, Variational Omni or Arcus?
24-hour volume: Variational Omni $3.33B, Arcus $614.6M. Open interest as each reports it: $1.02B and $73.6M. Variational Omni reports open interest as the sum of its traders' longs and shorts; Arcus reports one side. For the same positions Variational Omni's figure reads about twice as large. TVL: none published and $43.8M.
