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
| Data | Live | updated 12:26 UTC from the exchange API |
| Liquidity | Deep | $945.1M 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 |
|---|---|---|---|---|---|---|
| SNT SNT | 0.008362 | +0.7894% | 4h | $881 | $4K | — |
| SOON SOON | 0.1944 | +0.6933% | 4h | $221K | $2K | — |
| TRUST TRUST | 0.05946 | +0.5029% | 4h | $54K | $351 | — |
| ESPRESSO ESPRESSO | 0.09518 | +0.4268% | 4h | $2K | $1K | — |
| ZKC ZKC | 0.04124 | +0.4140% | 4h | $6K | $6K | — |
| ARK ARK | 0.1529 | +0.3767% | 4h | $18K | $15K | — |
| BOBA BOBA | 0.02019 | +0.2921% | 8h | $15 | $1K | — |
| ONT ONT | 0.05616 | +0.1647% | 4h | $8K | $1 | — |
| XPIN XPIN | 0.0009393 | +0.1646% | 4h | $5K | $4K | — |
| ORCA ORCA | 1.5006 | +0.1637% | 4h | $28K | $10K | — |
| B3 B3 | 0.0005928 | +0.1608% | 4h | $38K | $2K | — |
| QNTXRWA QNTX | 52.890 | +0.1594% | 8h | $57K | $9K | — |
| POWR POWR | 0.06405 | +0.1563% | 4h | $2K | $6K | — |
| STEEM STEEM | 0.05623 | +0.1442% | 4h | $12K | $17 | — |
| RAVE RAVE | 0.2035 | +0.1218% | 4h | $3K | $1K | — |
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 $2.30B 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
Funding arb here
all| TSLA | short here, tradeXYZ | +0.0106% | — |
| NVDA | short here, tradeXYZ | +0.0138% | — |
| HOOD | short here, tradeXYZ | +0.0120% | — |
| INTC | long here, tradeXYZ | +0.0023% | — |
| PLTR | long here, tradeXYZ | +0.0050% | — |
Price arb here
all| TSLA | short here, tradeXYZ | +0.061% | — |
| NVDA | short here, tradeXYZ | +0.145% | — |
| HOOD | long here, tradeXYZ | +0.026% | — |
| INTC | short here, tradeXYZ | +0.047% | — |
| COIN | short here, tradeXYZ | +0.087% | — |
Changes
listings, fees, intervalsNone since 2026-09-18.