Funding you earn now, next payment 01:00 UTC−0.0301%/8h= −33.0% APRpaid last 24h −0.032%
Price spread now: Variational Omni against Pacifica−0.111%7-day average +0.033% · 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)−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.647%+$65 · spread now −0.111%, 7d avg +0.033%
=Together, before fees+0.599%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.145% cheaper against Pacifica than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.047% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2269 | 0.0100 | pay 0.0013% / 1h | 8m 42s | $45K | $183K | 10x |
| Short | Variational Omni ARB | 0.2267 | −0.0201 | pay 0.0201% / 8h | 7h 08m | $2.0M | $2.8M | — |
Pacifica ARB
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Pacifica. 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
- −$63.29
- Price spread: −0.111% → +0.033%
- −$14.46
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$85.75
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 64 min ago; Variational Omni: RFQ quote, just now. 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 Pacifica live order book, 64 min ago | 7.05 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 4.40 bp | doesn't fit | 22.0 bp −$220 | 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 | −0.1666% | 1h | 0.2261 | −0.357% | $41K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0234% | 1h | 0.2273 | +0.163% | $25K | $34K | 25x | as long as short |
| Variational Omni ARBshort | −0.0201% | 8h | 0.2267 | −0.111% | $2.0M | $2.8M | — | |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2275 | +0.251% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2276 | +0.286% | $1.2M | $4.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0111% | 8h | 0.2265 | −0.176% | $59.0M | $126.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0107% | 8h | 0.2265 | −0.167% | $23.2M | $157.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2266 | −0.123% | $39.0M | $59.5M | 200x | as long as short |
| SoDEX ARB-USD | −0.0064% | 1h | 0.2272 | +0.137% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0049% | 8h | 0.2272 | +0.128% | $13K | $389K | 10x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2269 | −0.012% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2275 | +0.247% | $33K | — | 150x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2270 | +0.057% | $366K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0024% | 8h | 0.2268 | −0.056% | $67.0M | $310.6M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2274 | +0.205% | $144K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0094% | 8h | 0.2267 | −0.097% | — | $54.4M | — | as long as short |
| BloFin ARB-USDT | +0.0095% | 8h | 0.2271 | +0.101% | $3.2M | $2.9M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2270 | +0.022% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2272 | +0.123% | $41.2M | $47.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2273 | +0.167% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2269 | long leg | $45K | $183K | 10x | |
| Gate ARB_USDT | +0.0100% | 8h | 0.2271 | +0.106% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2268 | −0.044% | $19.7M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2267 | −0.093% | $21.7M | $35.7M | 50x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | −0.010% | $41K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2276 | +0.304% | $488K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2270 | +0.040% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2275 | +0.238% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2276 | +0.304% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2278 | +0.392% | $297K | $976K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2274 | +0.216% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2275 | +0.264% | $523K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2272 | +0.120% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0291% / S −0.0179% | 1h | 0.2274 | +0.230% | $910K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2269 | −0.018% | $515K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0600% | 1h | 0.2276 | +0.282% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Aevo ARB-PERP
BingX ARB-USDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP