Funding you earn now, next payment 09:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h +0.007%
Price spread now: dYdX against Variational Omni−0.152%53s7-day average — · 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)—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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.152% cheaper against Variational Omni than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2193 | 0.0028 | pay 0.0028% / 8h | 7h 31m | $1.8M | $3.0M | — |
| Short | dYdX ARB-USD | 0.2190 | 0 | get 0.0000% / 1h | 31m 55s | $64K | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$5.81
- Price spread: −0.152% → 0.000%
- −$15.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$31.04
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; dYdX: no order-book sample. 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, 2 min ago | 4.56 bp | doesn't fit | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.1605% | 1h | 0.2183 | −0.451% | $39K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0253% | 1h | 0.2186 | −0.310% | $28K | $38K | 25x | as long as short |
| SoDEX ARB-USD | −0.0248% | 1h | 0.2185 | −0.337% | $9K | $2.3M | 5x | as long as short |
| Gate ARB_USDT | −0.0179% | 8h | 0.2186 | −0.323% | $5.4M | $18.1M | 60x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0169% | 1h | 0.2187 | −0.260% | $1.1M | $4.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0093% | 8h | 0.2185 | −0.373% | $22.2M | $145.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0090% | 8h | 0.2185 | −0.355% | $43.3M | $63.0M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0056% | 1h | 0.2187 | −0.255% | $7K | $223 | 10x | as long as short |
| Bybit ARBUSDT | −0.0049% | 8h | 0.2185 | −0.351% | $53.2M | $125.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2186 | −0.314% | $16K | $414K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USDshort | 0.0000% | 1h | 0.2190 | −0.152% | $64K | $4K | 10x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2187 | −0.253% | $73K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2185 | −0.377% | $361K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | +0.0016% | 8h | 0.2186 | −0.328% | $63.2M | $298.7M | 75x | as long as short |
| Variational Omni ARBlong | +0.0028% | 8h | 0.2193 | long leg | $1.8M | $3.0M | — | |
| Phemex ARBUSDT | +0.0031% | 8h | 0.2187 | −0.269% | $4.8M | $12.8M | 50x | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2185 | −0.360% | $20.9M | $34.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2187 | −0.250% | $3.0M | $2.3M | 75x | as long as short |
| BingX ARB-USDC | +0.0072% | 8h | 0.2185 | −0.341% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2178 | −0.666% | $138K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2187 | −0.273% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2188 | −0.237% | $36.9M | $50.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2187 | −0.269% | $626K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2190 | −0.144% | $43K | $145K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2187 | −0.287% | $19.4M | $13.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2194 | +0.029% | $40K | $467K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2196 | +0.138% | $475K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2196 | +0.142% | $119K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2189 | −0.196% | $73K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2189 | −0.177% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2189 | −0.173% | $293K | $835K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2189 | −0.192% | $530K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0162% | 1h | 0.2188 | −0.209% | $977K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2187 | −0.277% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2185 | −0.343% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2187 | −0.269% | $524K | $1.5M | 50x | as long as short |
Variational Omni ARB
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Gate ARB_USDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Bybit ARBUSDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Phemex ARBUSDT
Bitget ARBUSDT
BloFin ARB-USDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX