ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.003%

Price spread now: Variational Omni against gTrade (Gains Network)+0.097%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.097% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.097% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ARB/USD	0.2186	L +0.0005% / S −0.0009%	pay 0.0001% / 1h	21m 45s	$44K	—	150x
Short	Variational Omni ARB	0.2188	−0.0099	pay 0.0099% / 8h	3h 21m	$1.8M	$3.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Variational OmnibpOrdersPrice spread, now +0.097%Rate

Funding earned: −$21.77
Price spread: +0.097% → 0.000%: $9.68
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$22.09
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 2 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	6.87 bp	doesn't fit	25.2 bp −$252	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1589%	1h	0.2176	−0.463%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0180%	1h	0.2185	−0.043%	$69K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0105%	8h	0.2189	+0.136%	$22.0M	$142.1M	50x	as long as short
MEXC ARB_USDT	−0.0105%	8h	0.2190	+0.177%	$41.6M	$60.6M	200x	as long as short
Variational Omni ARBshort	−0.0099%	8h	0.2188	+0.097%	$1.8M	$3.0M	—
Orderly PERP_ARB_USDC	−0.0066%	8h	0.2186	−0.006%	$12K	$407K	10x	as long as short
Bybit ARBUSDT	−0.0056%	8h	0.2189	+0.136%	$55.3M	$123.4M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2186	−0.010%	$1.0M	$4.4M	50x	as long as short
01 Exchange ARBUSD	−0.0008%	1h	0.2183	−0.143%	$7K	$2K	10x	as long as short
Gate ARB_USDT	−0.0003%	8h	0.2190	+0.172%	$5.3M	$18.1M	60x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2190	+0.159%	$65K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USDlong	L +0.0005% / S −0.0009%	1h	0.2186	long leg	$44K	—	150x
Deribit ARB_USDC-PERPETUAL	+0.0024%	1h	0.2187	+0.040%	$24K	$34K	25x	as long as short
Binance ARBUSDT	+0.0046%	8h	0.2189	+0.149%	$63.8M	$299.5M	75x	as long as short
Extended ARB-USD	+0.0048%	1h	0.2188	+0.099%	$349K	$2.5M	25x	as long as short
Bitget ARBUSDT	+0.0053%	8h	0.2189	+0.131%	$20.8M	$33.8M	50x	as long as short
BingX ARB-USDT	+0.0053%	8h	0.2189	+0.118%	—	$53.7M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2187	+0.040%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2188	+0.108%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2190	+0.163%	$37.3M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2189	+0.134%	$630K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2190	+0.172%	$42K	$159K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2188	+0.086%	$19.5M	$14.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2188	+0.080%	$38K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2189	+0.131%	$467K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2189	+0.131%	$118K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2188	+0.086%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2186	−0.020%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2186	−0.001%	$297K	$883K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2185	−0.052%	$4.9M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2190	+0.177%	$468K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0165%	8h	0.2187	+0.026%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2182	−0.166%	$492K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2187	+0.023%	$824K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2185	−0.069%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0546%	1h	0.2189	+0.113%	$984K	$2.8M	20x	as long as short