Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.1% APRnext payment +$2.48 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against Variational Omni+0.062%7-day average −0.092% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.040%+$4 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.062%, 7d avg −0.092%
=Together, before fees−0.040%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.154% dearer against Variational Omni than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.092%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.040% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.48 per $10,000. 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 | Variational Omni ARB | 0.2222 | −0.0151 | get 0.0151% / 8h | 5h 33m | $1.9M | $2.9M | — |
| Short | BingX ARB-USDC | 0.2224 | 0.0097 | get 0.0097% / 8h | 5h 33m | — | $6.5M | — |
Variational Omni ARB
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- $52.01
- Price spread: +0.062% → −0.092%
- $15.42
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $57.44
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; BingX: live order book, 3 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 Variational Omni RFQ quote, 1 min ago | 6.76 bp | doesn't fit | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.05 bp | 19.2 bp −$19 | 39.9 bp −$399 | 98.4 bp −$9,836 | 683.7 bp −$341.8K |
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 | −0.1577% | 1h | 0.2209 | −0.595% | $40K | $372K | 12x | as long as short |
| Variational Omni ARBlong | −0.0151% | 8h | 0.2222 | long leg | $1.9M | $2.9M | — | |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2225 | +0.107% | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDT | −0.0131% | 8h | 0.2225 | +0.121% | $38.3M | $59.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0129% | 8h | 0.2225 | +0.143% | $22.4M | $152.0M | 50x | as long as short |
| SoDEX ARB-USD | −0.0123% | 1h | 0.2225 | +0.143% | $10K | $2.4M | 5x | as long as short |
| Bybit ARBUSDT | −0.0099% | 8h | 0.2225 | +0.103% | $56.5M | $126.4M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2226 | +0.188% | $1.1M | $4.6M | 50x | as long as short |
| Gate ARB_USDT | −0.0096% | 8h | 0.2225 | +0.116% | $5.4M | $19.1M | 60x | as long as short |
| Polymarket Perps ARB-USD | −0.0087% | 1h | 0.2225 | +0.134% | $96K | $2.1M | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Gate ARB_USDT
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0072% | 8h | 0.2225 | +0.125% | $12K | $385K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2224 | +0.060% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2226 | +0.161% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2226 | +0.152% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2224 | +0.083% | $353K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0008% | 8h | 0.2226 | +0.155% | $64.8M | $308.4M | 75x | as long as short |
| BloFin ARB-USDT | +0.0034% | 8h | 0.2226 | +0.161% | $3.1M | $2.7M | 75x | as long as short |
| ApeX Omni ARBUSDT | +0.0049% | 1h | 0.2224 | +0.080% | $120K | $283K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2226 | +0.190% | $141K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0093% | 8h | 0.2224 | +0.080% | $21.2M | $34.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2225 | +0.148% | $1.2M | $6.4M | 15x | as long as short |
| BingX ARB-USDCshort | +0.0097% | 8h | 0.2224 | +0.062% | — | $6.5M | — | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2227 | +0.197% | $38.6M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2225 | +0.109% | $652K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2223 | +0.017% | $42K | $178K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2226 | +0.193% | $19.6M | $15.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2223 | +0.031% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2224 | +0.069% | $475K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2228 | +0.260% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2225 | +0.125% | $298K | $945K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2225 | +0.125% | $5.0M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2226 | +0.170% | $508K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2226 | +0.158% | $492K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2226 | +0.168% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2225 | +0.105% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0568% | 1h | 0.2229 | +0.305% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
ApeX Omni ARBUSDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP