Variational Omni vs Arcus
Variational Omni traded 5.4× Arcus's 24-hour volume ($3.23B vs $603.2M).
Head to head
the arrow points to the better figure| Variational Omni | Arcus | |
|---|---|---|
| Trading | ||
| $1.34 | ◀BTC trade, $10k | $4.52 |
| $315 | ◀BTC trade, $1M | $668 |
| — | BTC book depth | $3.2M |
| 0.000%/0.000% | ◀Taker / maker | 0.022%/0.000% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $3.23B | ◀Volume 24h | $603.2M |
| $3.10B | ◀Volume, 7-day average | $460.8M |
| $1.02Blongs + shorts | Open interest | $74.8Mone 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 | $0.131.3 bp | $0.454.5 bp |
| $10k | $1.341.3 bp | $4.524.5 bp |
| $100k | $13.421.3 bp | $49.134.9 bp |
| $1M | $3153.1 bp | $6686.7 bp |
| $5M | — | — |
NEAR funding per day
pair pageSize
daily, since Jan 4Volume by asset class
last yearOn both: 53
funding /8h · Net 7d at $10k| Asset | Variational Omni | Arcus | Spread | Net 7d |
|---|---|---|---|---|
| QQQ | 0.0000% | +0.0038% | +0.0038% | +$2 |
| NVDA | +0.0325% | +0.0038% | +0.0287% | −$28 |
| SNDK | 0.0000% | +0.0038% | +0.0038% | +$12 |
| HOOD | 0.0000% | +0.0038% | +0.0038% | −$21 |
| GOOGL | 0.0000% | +0.0038% | +0.0038% | +$11 |
| AAPL | 0.0000% | +0.0038% | +0.0038% | −$6 |
| MU | 0.0000% | +0.0038% | +0.0038% | +$15 |
| AMZN | +0.0150% | +0.0038% | +0.0112% | −$41 |
| META | 0.0000% | +0.0038% | +0.0038% | −$6 |
| DRAM | +0.0209% | +0.0038% | +0.0171% | −$56 |
| SPCX | 0.0000% | +0.0038% | +0.0038% | −$13 |
| CRCL | +0.0185% | +0.0038% | +0.0147% | −$45 |
| TSLA | 0.0000% | +0.0038% | +0.0038% | −$7 |
| MSFT | 0.0000% | +0.0038% | +0.0038% | −$14 |
| INTC | +0.0300% | +0.0038% | +0.0262% | −$40 |
| AMD | +0.0033% | +0.0038% | +0.0005% | −$28 |
| MSTR | +0.0018% | +0.0038% | +0.0020% | −$8 |
| NBIS | +0.0022% | +0.0038% | +0.0016% | −$47 |
| USAR | 0.0000% | +0.0038% | +0.0038% | −$139 |
| BABA | 0.0000% | +0.0038% | +0.0038% | −$43 |
Only on Variational Omni: 502
XAU · XAUT · SP500 · CL · PAXG · BZ · XAG · LTC · XMR · ZRO · STRK · SOXL · XPL · ADA · ASTER · AERO · WLD · GRASS · ANTHROPIC · AVAX · ETHFI · VVV · COPPER · SOXS · CRV · QNT · TSM · MON · ICP · NATGAS · APT · STX · OPENAI · EWY · ONDO · JUP · STRC · W · CHIP · LLY · ARB · SPX · MET · SKY · S · ATOM · RAY · UBER · BRKB · AVGO · DOT · VIRTUAL · PENDLE · TRX · CBRS · CC · 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 $1.34 on Variational Omni and $4.52 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 $15 left after costs.
Which is bigger, Variational Omni or Arcus?
24-hour volume: Variational Omni $3.23B, Arcus $603.2M. Open interest as each reports it: $1.02B and $74.8M. 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.