Volume 24h$2.75B↘ 10.73%24h
Open interest$839.2M↘ 7.85%24h
Markets587+224h
Max leverage50x
Taker / maker0.000%/0.000%
BTC funding /8h+0.0100%
BTC paid 30d+0.707%
Best price arb
Open pair →LONGQFEX43.290
SHORTVariational Omni44.449
Price arb here
all| SOXL | short here, QFEX | +2.678% | +$229 |
| SNDK | short here, Kalshi | +1.842% | +$189 |
| ANTHROPIC | long here, Lighter | +6.299% | +$188 |
| MU | short here, Kalshi | +1.612% | +$154 |
| SOXS | long here, BloFin | +1.611% | +$119 |
Best funding arb
Open pair →LONGVariational Omni+0.0269%8h7h 56m
SHORTKraken Futures+0.0562%1h56m 54s
Funding arb here
all| INTC | long here, Kraken Futures | +0.0293% | +$91 |
| NATGAS | long here, MEXC | +0.0746% | +$76 |
| NEAR | long here, Backpack | +0.0207% | +$67 |
| SPCX | long here, edgeX | +0.0045% | +$60 |
| GOOGL | long here, BloFin | +0.0195% | +$31 |
Markets
570 markets| Asset | Price | Funding /8h | Every | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|
| BTC BTC | 75,883.5 | +0.0100% | 8h | $161.5M | $473.1M | 50x |
| ETH ETH | 2,248.1 | +0.0100% | 8h | $119.1M | $193.4M | 50x |
| XAURWA XAU | 4,089.7 | 0.0000% | 4h | $37.6M | $26.6M | 20x |
| HYPE HYPE | 78.192 | +0.0100% | 8h | $30.8M | $53.9M | 50x |
| ZEC ZEC | 1,232.4 | +0.0100% | 8h | $29.1M | $26.1M | 50x |
| XAUT XAUT | 4,066.2 | +0.0100% | 4h | $23.4M | $185 | 50x |
| SOL SOL | 89.863 | +0.0100% | 8h | $20.7M | $45.0M | 50x |
| QQQRWA QQQ | 654.31 | +0.0255% | 8h | $16.5M | $8.9M | 20x |
| SP500RWA US500 | 7,421.7 | +0.0060% | 8h | $14.9M | $2.0M | 20x |
| CLRWA CL | 90.152 | −0.0068% | 4h | $10.5M | $7.2M | 20x |
| PAXG PAXG | 4,072.6 | +0.0100% | 4h | $10.4M | — | 50x |
| GOOGLRWA GOOGL | 280.18 | +0.0040% | 8h | $9.1M | $7.2M | 20x |
| BZRWA BZ | 96.835 | −0.0183% | 4h | $7.6M | $5.3M | 20x |
| XAGRWA XAG | 51.887 | 0.0000% | 4h | $7.3M | $4.8M | 20x |
| BNB BNB | 688.47 | +0.0100% | 8h | $6.4M | $4.4M | 50x |
| XMR XMR | 613.85 | +0.0719% | 8h | $6.1M | $3.6M | 50x |
| LIT LIGHTER | 3.3140 | +0.0100% | 4h | $4.8M | $5.9M | 50x |
Before you deposit
- LiquidityDeep$839.2M open interest
- Real volumeNormalvolume is 3.3x open interest a day
- Book depthNo data
- KYCNoneNo ID; not for US or Canadian persons, Taiwan or sanctioned regions.
Key facts
About Variational Omni
Variational Omni is a decentralized perpetual futures exchange on Arbitrum. It lists 587 active markets, traded $2.75B in the last 24 hours and holds $839.2M 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 0.707% over the last 30 days.
News from Variational Omni
allOn the farm board: On-Chain Trader Rewards program
| 11-05 15:13 | Listing | Mcdonalds Corporation $MCD perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 11-05 08:18 | Listing | new market MCD ($MCD) seen by our collector |
| 11-05 08:18 | Listing | new market MARA ($MARA) seen by our collector |
| 11-05 01:05 | Listing | PTB no longer reported ($PTB) seen by our collector |
| 11-05 01:05 | Listing | MITO no longer reported ($MITO) seen by our collector |
| 11-04 18:03 | Listing | ProShares UltraShort 20+ Year Treasury $TBT perps are now live with zero fees and up to 10x leverage. @variational_io on X ↗ |
| 11-04 07:12 | Listing | new market SQQQ ($SQQQ) seen by our collector |
| 11-04 07:12 | Listing | new market TBT ($TBT) seen by our collector |
Volume
$3.36B↗ 172.0%90D
Open interest
$914.4M↗ 29.3%90D
Table, every 3rd day
| Day | Volume | Open interest | Share of DEX volume |
|---|---|---|---|
| Nov 4, 2026 | $3.36B | $914.4M | 8.9% |
| Nov 1, 2026 | $672.3M | $898.3M | 7.1% |
| Oct 29, 2026 | $2.65B | $887.7M | 7.0% |
| Oct 26, 2026 | $2.65B | $973.7M | 11.7% |
| Oct 23, 2026 | $2.38B | $943.8M | 11.7% |
| Oct 20, 2026 | $3.37B | $990.1M | 13.6% |
| Oct 17, 2026 | $767.7M | $982.4M | 7.6% |
| Oct 14, 2026 | $3.90B | $1.04B | 14.2% |
| Oct 11, 2026 | $1.20B | $1.07B | 9.9% |
| Oct 8, 2026 | $3.40B | $995.3M | 10.5% |
| Oct 5, 2026 | $3.84B | $1.13B | 16.6% |
| Oct 2, 2026 | $4.11B | $1.04B | 14.5% |
| Sep 29, 2026 | $3.51B | $1.04B | 14.7% |
| Sep 26, 2026 | $878.6M | $1.03B | 8.8% |
| Sep 23, 2026 | $4.04B | $860.9M | 13.1% |
| Sep 20, 2026 | $1.24B | $913.4M | 7.9% |
| Sep 17, 2026 | $1.68B | $884.4M | — |
| Sep 14, 2026 | $2.05B | $832.1M | — |
| Sep 11, 2026 | $1.96B | $799.0M | — |
| Sep 8, 2026 | $1.94B | $860.2M | — |
| Sep 5, 2026 | $518.8M | $841.5M | — |
| Sep 2, 2026 | $1.15B | $772.9M | — |
| Aug 30, 2026 | $851.6M | $707.8M | — |
| Aug 27, 2026 | $1.11B | $748.0M | — |
| Aug 24, 2026 | $1.25B | $715.1M | — |
| Aug 21, 2026 | $1.74B | $724.9M | — |
| Aug 18, 2026 | $1.01B | $784.0M | — |
| Aug 15, 2026 | $411.8M | $749.9M | — |
| Aug 12, 2026 | $914.6M | $710.1M | — |
| Aug 9, 2026 | $471.7M | $721.6M | — |
Volume by asset class
daily, last 90 daysTable, every 3rd day
| Day | Crypto | Stocks | Commodities | Indices | Other RWA | Total |
|---|---|---|---|---|---|---|
| Nov 4, 2026 | $956.5M | $114.6M | $290.9M | $1.37B | $617.8M | $3.35B |
| Nov 1, 2026 | $515.9M | $34.6M | $15.6M | $822K | $2.0M | $568.9M |
| Oct 29, 2026 | $1.09B | $94.3M | $238.9M | $796.2M | $401.7M | $2.62B |
| Oct 26, 2026 | $766.5M | $79.9M | $230.1M | $1.21B | $400.8M | $2.69B |
| Oct 23, 2026 | $748.1M | $67.8M | $238.0M | $1.07B | $277.9M | $2.40B |
| Oct 20, 2026 | $1.27B | $81.7M | $281.6M | $1.42B | $378.1M | $3.42B |
| Oct 17, 2026 | $686.1M | $64.0M | $23.0M | $3.9M | $2.1M | $779.0M |
| Oct 14, 2026 | $1.08B | $97.9M | $325.6M | $2.19B | $212.2M | $3.91B |
| Oct 11, 2026 | $977.3M | $71.4M | $44.0M | $56.2M | $3.3M | $1.15B |
| Oct 8, 2026 | $1.26B | $82.7M | $348.3M | $1.71B | $66.2M | $3.47B |
| Oct 5, 2026 | $1.07B | $67.7M | $454.6M | $2.28B | $20.5M | $3.89B |
| Oct 2, 2026 | $1.55B | $66.0M | $416.6M | $2.02B | $24.2M | $4.08B |
| Sep 29, 2026 | $1.20B | $50.8M | $365.3M | $1.91B | $8.5M | $3.54B |
| Sep 26, 2026 | $771.8M | $35.9M | $45.2M | $10.3M | $710K | $863.9M |
| Sep 23, 2026 | $1.22B | $46.7M | $388.6M | $2.35B | $769K | $4.01B |
| Sep 20, 2026 | $910.1M | $38.7M | $157.3M | $69.3M | $632K | $1.18B |
| Sep 17, 2026 | $625.8M | $37.1M | $330.2M | $681.0M | $1.0M | $1.68B |
| Sep 14, 2026 | $648.2M | $52.0M | $427.1M | $925.8M | $1.7M | $2.05B |
| Sep 11, 2026 | $846.5M | $49.4M | $346.6M | $715.3M | $1.4M | $1.96B |
| Sep 8, 2026 | $831.0M | $61.5M | $347.7M | $693.0M | $4.0M | $1.94B |
| Sep 5, 2026 | $457.0M | $27.7M | $27.5M | $4.8M | $1.7M | $518.8M |
| Sep 2, 2026 | $625.0M | $74.7M | $179.2M | $266.5M | $2.3M | $1.15B |
| Aug 30, 2026 | $741.7M | $39.5M | $61.5M | $7.1M | $1.7M | $851.6M |
| Aug 27, 2026 | $893.9M | $114.1M | $93.6M | $5.2M | $1.2M | $1.11B |
| Aug 24, 2026 | $1.02B | $114.2M | $106.5M | $11.2M | $802K | $1.25B |
| Aug 21, 2026 | $1.54B | $95.5M | $90.9M | $11.5M | $889K | $1.74B |
| Aug 18, 2026 | $779.2M | $123.5M | $95.9M | $8.1M | $465K | $1.01B |
| Aug 15, 2026 | $302.4M | $33.1M | $70.7M | $5.0M | $657K | $411.8M |
| Aug 12, 2026 | $701.7M | $104.0M | $102.4M | $6.4M | $81K | $914.6M |
| Aug 9, 2026 | $368.9M | $39.2M | $61.2M | $2.3M | $64K | $471.7M |