Funding you earn now, next payment 08:00 UTC−0.0123%/8h= −13.5% APRnext payment −$1.23 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Binance−0.018%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.012%−$1 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now −0.018%, 7d avg +0.003%
=Together, before fees−0.044%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.020% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2194 | 0.0008 | pay 0.0008% / 8h | 4h 40m | $64.0M | $306.4M | 75x |
| Short | Variational Omni ARB | 0.2194 | −0.0115 | pay 0.0115% / 8h | 4h 40m | $1.8M | $2.9M | — |
Binance ARBUSDT
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.93
- Price spread: −0.018% → +0.003%
- −$2.02
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$37.95
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 3 min ago | 0.23 bp | 6.6 bp −$7 | 20.8 bp −$208 | 78.2 bp −$7,825 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 6.82 bp | doesn't fit | 20.5 bp −$205 | doesn't fit | doesn't fit |
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1649% | 1h | 0.2189 | −0.247% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2194 | −0.038% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0152% | 1h | 0.2193 | −0.070% | $91K | $2.2M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0134% | 8h | 0.2192 | −0.102% | $22.2M | $147.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0134% | 8h | 0.2193 | −0.065% | $40.4M | $59.7M | 200x | as long as short |
| Variational Omni ARBshort | −0.0115% | 8h | 0.2194 | −0.018% | $1.8M | $2.9M | — | |
| Gate ARB_USDT | −0.0099% | 8h | 0.2195 | +0.003% | $5.3M | $18.7M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0077% | 8h | 0.2195 | +0.026% | $12K | $390K | 10x | as long as short |
| Bybit ARBUSDT | −0.0045% | 8h | 0.2193 | −0.070% | $55.6M | $126.0M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2195 | +0.045% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2196 | +0.076% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2195 | +0.044% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2195 | +0.045% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2193 | −0.067% | $350K | $2.5M | 25x | as long as short |
| Binance ARBUSDTlong | +0.0008% | 8h | 0.2194 | long leg | $64.0M | $306.4M | 75x | |
| BloFin ARB-USDT | +0.0034% | 8h | 0.2195 | +0.026% | $3.1M | $2.6M | 75x | as long as short |
| SoDEX ARB-USD | +0.0039% | 1h | 0.2195 | +0.012% | $10K | $2.3M | 5x | as long as short |
| Bitget ARBUSDT | +0.0064% | 8h | 0.2193 | −0.065% | $20.9M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2192 | −0.115% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2195 | +0.008% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2195 | +0.012% | $1.2M | $5.7M | 15x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2195 | +0.026% | $4.9M | $12.8M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.017% | $38.0M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2198 | +0.141% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2195 | +0.044% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | +0.012% | $19.4M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2199 | +0.196% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2201 | +0.298% | $469K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2200 | +0.254% | $120K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.163% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2197 | +0.117% | $298K | $952K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2197 | +0.117% | $491K | $1.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2195 | +0.039% | $475K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2195 | +0.043% | $820K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2192 | −0.090% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0603% | 1h | 0.2198 | +0.154% | $992K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
BloFin ARB-USDT
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Phemex ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP