Volume 24h$2.23B
Open interest$944.4M
Markets552
Max leverage—
BTC funding /8h+0.0100%
BTC paid 30d+0.077%3d
Before you deposit
| Data | Live | updated 11:40 UTC from the exchange API |
| Liquidity | Deep | $944.4M open interest |
| Real volume | Normal | volume is 2.4x open interest a day |
| Book depth | Unknown | no order-book sample of its BTC market |
| KYC | None | on-chain, you keep custody |
Markets
546 markets| Asset | Price | Funding /8h | Every | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|
| BTC BTC | 84,691.8 | +0.0100% | 8h | $173.3M | $412.0M | — |
| ETH ETH | 2,721.5 | +0.0100% | 8h | $155.0M | $292.7M | — |
| ZEC ZEC | 1,536.6 | +0.0100% | 8h | $49.8M | $30.1M | — |
| XAURWA XAU | 4,362.8 | +0.0141% | 4h | $48.0M | $41.1M | — |
| XAUT XAUT | 4,357.7 | +0.0082% | 4h | $33.0M | $2.2M | — |
| HYPE HYPE | 95.586 | +0.0100% | 8h | $29.0M | $47.3M | — |
| SOL SOL | 116.38 | +0.0100% | 8h | $27.9M | $75.4M | — |
| SP500RWA US500 | 7,673.1 | +0.0141% | 8h | $17.8M | $10.8M | — |
| QQQRWA QQQ | 728.44 | +0.0061% | 8h | $17.7M | $7.8M | — |
| CLRWA CL | 93.527 | −0.0019% | 4h | $13.9M | $15.9M | — |
| PAXG PAXG | 4,354.3 | +0.0100% | 4h | $12.5M | $74K | — |
| BZRWA BZ | 97.016 | 0.0000% | 4h | $11.0M | $10.3M | — |
| LIGHTER LIGHTER | 5.0775 | −0.0189% | 4h | $9.8M | $7.1M | — |
| NEAR NEAR | 4.1657 | +0.0100% | 8h | $8.0M | $23.4M | — |
| XMR XMR | 570.35 | +0.1353% | 8h | $6.8M | $4.5M | — |
News from Variational Omni
all| 09-20 14:15 | Product | Swaps offer better liquidity and flatter, more predictable funding rates than perps. Perps have only one remaining edge: trading hours. As our TradFi partners (and finance broadly) move towards 24/7 trading, swaps will trade around the clock. Swaps > perps. @variational_io on X ↗ |
| 09-18 15:47 | Points | Welcome back to another Variational biweekly update! PRODUCT ➡️ The most recent mainnet release was v0.34.0. ➡️ Added in-app announcement page. ➡️ Improved margin usage display. ➡️ Improved notification display. ➡️ Other miscellaneous UI improvements. METRICS ➡️ Total Volume Traded: $339.75B ➡️ Current Dual-Sided OI: $1.83B ➡️ TVL (Excludes OLP Hedging Accounts): $236.12M ➡️ Total Markets Currently Listed: 552 ➡️ Total Rewards Claimed: $8,275,215 ➡️ Total Losses Refunded (Sunset): $4,559,196 ➡️ Total Referral Rewards Claimed: $3,716,019 ➡️ 2w Spreads Paid (Gross Revenue): $4,570,970 ➡️ 2w Net Revenue: $2,479,527 ➡️ 2w Rewards: ($211,814) ➡️ Referral Rewards: ($211,814) ➡️ 2w Net Profit: $2,267,713 ➡️ Protocol Treasury: $914,194 ➡️ OLP PnL: $1,353,519 ➡️ Lifetime OLP PnL: $19,787,369 ➡️ Current Protocol Treasury Holdings: 8,274,637 USDC We appreciate your continued trust and support! @variational_io on X ↗ |
About Variational Omni
Variational Omni is a decentralized perpetual futures exchange on Arbitrum. It lists 552 active markets, traded $2.23B in the last 24 hours and holds $944.4M in open interest, #3 among the perp DEXs we track.
Funding settles every 1h or 4h or 8h. BTC longs pay +0.0100% /8h right now and paid 0.077% over the last 3 days (tracked since then).
Key facts
Funding arb here
all| TSLA | short here, tradeXYZ | +0.0040% | — |
| NVDA | short here, tradeXYZ | +0.0068% | — |
| HOOD | long here, tradeXYZ | +0.0041% | — |
| INTC | short here, tradeXYZ | +0.0001% | — |
| PLTR | long here, tradeXYZ | +0.0050% | — |
Price arb here
all| TSLA | short here, tradeXYZ | +0.003% | — |
| NVDA | long here, tradeXYZ | +0.004% | — |
| HOOD | long here, tradeXYZ | +0.004% | — |
| INTC | long here, tradeXYZ | +0.024% | — |
| COIN | long here, tradeXYZ | +0.059% | — |
Changes
listings, fees, intervalsNone since 2026-09-18.