data as of
Settings8H · net · $10k
Exchanges /

Variational Omni

DEXArbitrum
Volume 24h$2.30B
Open interest$945.1M
Markets552
Max leverage
BTC funding /8h+0.0100%
BTC paid 30d+0.077%3d

Before you deposit

DataLiveupdated 12:27 UTC from the exchange API
LiquidityDeep$945.1M open interest
Real volumeNormalvolume is 2.4x open interest a day
Book depthUnknownno order-book sample of its BTC market
KYCNoneon-chain, you keep custody

Markets

546 markets
AssetPriceFunding /8hEveryOIVol 24hMax lev
HUMIDIFI HUMIDIFI0.06529+0.0100%4h$8$2K
BOBA BOBA0.02019+0.2921%8h$15$1K
BAN BAN0.06729+0.0100%4h$15
TAC TAC0.001613+0.0263%4h$16
UB UB0.1404+0.0100%4h$29$72K
SPELL SPELL0.00009073+0.0100%8h$109
ARIA ARIA0.03372+0.0100%4h$118
AUCTION AUCTION3.6658+0.0100%4h$132$1
ALICE ALICE0.1421+0.0100%8h$140$149
SANTOS SANTOS0.5202+0.0100%4h$166$9
BREV BREV0.08548+0.0100%4h$166$105
TOWNS TOWNS0.002067+0.0100%4h$182$6
PNUT PNUT0.05509+0.0100%4h$233$216
WAVES WAVES0.2831+0.0385%8h$276$2K
DIA DIA0.1388+0.0100%4h$284$2
Show all 546 markets

News from Variational Omni

all
09-20 14:15ProductSwaps 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 15:47PointsWelcome 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 $2.30B in the last 24 hours and holds $945.1M 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

Type
DEX
Chain
Arbitrum
Rank by volume
#3 of 46
Max leverage
Funding paid
every 1h or 4h or 8h
Taker / maker
0.000% / 0.000%
Token
none yet
Airdrop
Active
Tracked since
2026-09-18
Links
app · site · docs · X

Funding arb here

all
TSLAshort here, tradeXYZ+0.0106%
NVDAshort here, tradeXYZ+0.0141%
HOODshort here, tradeXYZ+0.0120%
INTClong here, tradeXYZ+0.0021%
PLTRlong here, tradeXYZ+0.0050%

Price arb here

all
TSLAshort here, tradeXYZ+0.061%
NVDAshort here, tradeXYZ+0.145%
HOODshort here, tradeXYZ+0.053%
INTCshort here, tradeXYZ+0.055%
COINshort here, tradeXYZ+0.131%

Changes

listings, fees, intervals
None since 2026-09-18.

BTC funding per day

14 days, positive means longs paid
+0.030%+0.030%+0.017%+0.030%0−0.030%8101214161820