Funding you earn now, next payment 06:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h −0.012%
Price spread now: Variational Omni against Extended−0.155%7-day average +0.101% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.022%−$2 on $10k
+Price spread, last 7 days+0.141%+$14 · spread now −0.155%, 7d avg +0.101%
=Together, before fees+0.120%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.256% cheaper against Extended than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.101%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2189 | 0.0080 | pay 0.0010% / 1h | 35m 29s | $350K | $2.8M | 25x |
| Short | Variational Omni ARB | 0.2186 | −0.0097 | pay 0.0097% / 8h | 2h 35m | $1.8M | $3.0M | — |
Extended ARB-USD
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$37.26
- Price spread: −0.155% → +0.101%
- −$25.61
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$67.86
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: 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 Extended live order book, 3 min ago | 9.19 bp | 11.7 bp −$12 | 73.2 bp −$732 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 6.90 bp | doesn't fit | 20.7 bp −$207 | 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 | −0.1581% | 1h | 0.2168 | −0.969% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2190 | +0.032% | $7K | $236 | 10x | as long as short |
| Variational Omni ARBshort | −0.0097% | 8h | 0.2186 | −0.155% | $1.8M | $3.0M | — | |
| Polymarket Perps ARB-USD | −0.0093% | 1h | 0.2193 | +0.192% | $78K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0083% | 8h | 0.2193 | +0.196% | $21.7M | $143.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0082% | 8h | 0.2194 | +0.214% | $42.1M | $61.2M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2190 | +0.030% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0068% | 8h | 0.2191 | +0.082% | $54.3M | $123.9M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0054% | 8h | 0.2187 | −0.101% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2193 | +0.158% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2188 | −0.046% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2192 | +0.141% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2194 | +0.219% | $21.0M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0060% | 8h | 0.2192 | +0.109% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDC | +0.0072% | 8h | 0.2192 | +0.146% | — | $6.5M | — | as long as short |
| Extended ARB-USDlong | +0.0080% | 1h | 0.2189 | long leg | $350K | $2.8M | 25x | |
| Binance ARBUSDT | +0.0082% | 8h | 0.2193 | +0.156% | $62.8M | $300.3M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2191 | +0.085% | $440K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2193 | +0.178% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2190 | +0.013% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.251% | $36.8M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2194 | +0.199% | $632K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2192 | +0.120% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | +0.173% | $19.6M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2184 | −0.258% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2184 | −0.238% | $472K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2185 | −0.192% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2190 | +0.036% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2188 | −0.064% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2191 | +0.096% | $292K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2189 | −0.009% | $4.9M | $12.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0194% | 8h | 0.2186 | −0.160% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2193 | +0.156% | $830K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2190 | +0.032% | $504K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2193 | +0.190% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0705% | 1h | 0.2193 | +0.169% | $983K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDC
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP