Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0174%/8h= +19.0% APRpaid last 24h +0.037%

Price spread now: edgeX against Variational Omni+0.004%7-day average +0.013% · you sell dearer than you buy

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.054%+$5 on $10k

Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.004%, 7d avg +0.013%

Together, before fees+0.185%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ARB	0.2159	−0.0074	get 0.0074% / 8h	4h 47m	$1.8M	$2.6M	—
Short	edgeX ARBUSDC	0.2159	0.0100	get 0.0050% / 4h	47m 26s	$38K	$466K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 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 Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.004%Rate

Funding earned: $36.48
Price spread: +0.004% → +0.013%: −$0.9
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $26.58
Costs to cover: 0.090%
Break-even: 1.9 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; edgeX: live order book, 59 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, 5 min ago	6.95 bp	doesn't fit	16.2 bp −$162	doesn't fit	doesn't fit
Sell edgeX live order book, 59 min ago	13.75 bp	21.9 bp −$22	98.2 bp −$982	doesn't fit	doesn't fit

ARB on 36 exchanges

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	−0.1644%	1h	0.2150	−0.425%	$39K	$372K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0491%	1h	0.2164	+0.203%	$1.0M	$3.9M	50x	as long as short
Polymarket Perps ARB-USD	−0.0343%	1h	0.2167	+0.358%	$74K	$1.7M	10x	as long as short
SoDEX ARB-USD	−0.0254%	1h	0.2163	+0.168%	$9K	$2.0M	5x	as long as short
Bybit ARBUSDT	−0.0185%	8h	0.2166	+0.311%	$53.6M	$115.0M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0174%	8h	0.2165	+0.256%	$22.3M	$131.6M	50x	as long as short
MEXC ARB_USDT	−0.0170%	8h	0.2167	+0.344%	$42.7M	$59.2M	200x	as long as short
01 Exchange ARBUSD	−0.0144%	1h	0.2168	+0.395%	$7K	$414	10x	as long as short
Gate ARB_USDT	−0.0098%	8h	0.2166	+0.334%	$5.5M	$15.3M	60x	as long as short
Variational Omni ARBlong	−0.0074%	8h	0.2159	long leg	$1.8M	$2.6M	—

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	−0.0073%	1h	0.2163	+0.200%	$29K	$32K	25x	as long as short
Extended ARB-USD	−0.0048%	1h	0.2166	+0.313%	$359K	$3.1M	25x	as long as short
Binance ARBUSDT	−0.0047%	8h	0.2166	+0.327%	$63.5M	$269.2M	75x	as long as short
Orderly PERP_ARB_USDC	−0.0005%	8h	0.2166	+0.316%	$16K	$385K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2166	+0.296%	$63K	$3K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2166	+0.337%	$71K	—	150x	as long as short
BloFin ARB-USDT	+0.0071%	8h	0.2162	+0.121%	$3.0M	$2.1M	75x	as long as short
Aevo ARB-PERP	+0.0072%	1h	0.2164	+0.206%	$137K	$7K	3x	as long as short
Phemex ARBUSDT	+0.0093%	8h	0.2163	+0.177%	$4.6M	$12.4M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2166	+0.297%	$1.3M	$5.0M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2168	+0.432%	$34.8M	$48.0M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2167	+0.345%	$619K	$1.5M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2166	+0.336%	$53K	$150K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2167	+0.381%	$18.8M	$12.4M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2166	+0.316%	$20.8M	$30.9M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2164	+0.237%	—	$6.5M	—	as long as short
edgeX ARBUSDCshort	+0.0100%	4h	0.2159	+0.004%	$38K	$466K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2162	+0.130%	$467K	$3.1M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2164	+0.223%	$117K	$308K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2166	+0.316%	$2K	$1.0M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2167	+0.381%	$281K	$749K	50x	as long as short
Backpack ARB_USDC_PERP	+0.0180%	1h	0.2165	+0.293%	$969K	$2.5M	20x	as long as short
RISEx ARB/USDC	+0.0276%	1h	0.2169	+0.463%	$553K	$2.3M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0279% / S −0.0162%	1h	0.2166	+0.327%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2166	+0.329%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0384%	1h	0.2165	+0.270%	$516K	$1.3M	50x	as long as short