Volume 24h$2.49B
Open interest$940.4M
Markets552
Max leverage—
BTC funding /8h+0.0100%
BTC paid 30d+0.077%3d
Before you deposit
| Data | Live | updated 13:19 UTC from the exchange API |
| Liquidity | Deep | $940.4M open interest |
| Real volume | Normal | volume is 2.6x 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 |
|---|---|---|---|---|---|---|
| MOG 1000000MOG | 0.0000001129 | +0.0404% | 4h | $1K | $3K | — |
| BONK 1000BONK | 0.000003267 | +0.0100% | 4h | $290K | $152K | — |
| PEPE 1000PEPE | 0.000004295 | +0.0100% | 8h | $514K | $1.6M | — |
| FLOKI 1000FLOKI | 0.00002751 | +0.0100% | 8h | $31K | $6K | — |
| SPELL SPELL | 0.00009133 | +0.0100% | 8h | $110 | — | — |
| 1NEIRO 1NEIRO | 0.00009361 | +0.0100% | 4h | $26K | $62K | — |
| HMSTR HMSTR | 0.0001763 | +0.0100% | 4h | $2K | $2K | — |
| BLAST BLAST | 0.0003899 | +0.0100% | 8h | $26K | $7K | — |
| MEW MEW | 0.0004491 | +0.0100% | 4h | $50K | $162 | — |
| NOT NOT | 0.0005037 | −0.0089% | 4h | $62K | $52K | — |
| B3 B3 | 0.0005998 | +0.1487% | 4h | $39K | $2K | — |
| SLP SLP | 0.0006718 | +0.0100% | 8h | $3K | — | — |
| TAG TAG | 0.0008328 | +0.0100% | 4h | $688 | — | — |
| IOST IOST | 0.0008872 | −0.2021% | 8h | $12K | $4K | — |
| XPIN XPIN | 0.0009370 | +0.1734% | 4h | $5K | $4K | — |
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 $2.49B in the last 24 hours and holds $940.4M 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 | +0.0028% | — |
| NVDA | short here, tradeXYZ | +0.0046% | — |
| HOOD | short here, tradeXYZ | +0.0096% | — |
| INTC | long here, tradeXYZ | +0.0050% | — |
| PLTR | short here, tradeXYZ | +0.0096% | — |
Price arb here
all| TSLA | long here, tradeXYZ | +0.034% | — |
| NVDA | short here, tradeXYZ | +0.070% | — |
| HOOD | short here, tradeXYZ | +0.089% | — |
| INTC | short here, tradeXYZ | +0.070% | — |
| COIN | short here, tradeXYZ | +0.118% | — |
Changes
listings, fees, intervalsNone since 2026-09-18.