Funding you earn now, next payment 06:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.035%
Price spread now: Variational Omni against Injective−0.486%76s7-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 −$7 a day on $10k at the current rate, and Variational Omni is 0.486% cheaper against Injective than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 76 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 | Injective ARM/USDC PERP | 323.11 | 0.0220 | pay 0.0028% / 1h | 1m 59s | $5K | $50K | 12x |
| Short | Variational Omni ARM | 321.54 | 0 | get 0.0000% / 8h | 2h 01m | $185K | $292K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- −$46.2
- Price spread: −0.486% → 0.000%
- −$48.63
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$94.85
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 47 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 47 min ago | 6.24 bp | doesn't fit | 64.9 bp −$649 | doesn't fit | doesn't fit |
Injective: 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.
ARM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0833% | 8h | 321.16 | −0.604% | $1.8M | $4.0M | 20x | as long as short |
| edgeX ARMUSDC | −0.0284% | 4h | 321.24 | −0.580% | $34K | $352K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.34 | −0.549% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.08 | −0.628% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.33 | −0.550% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.37 | −0.539% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.08 | −0.628% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.32 | −0.554% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 321.54 | −0.486% | $185K | $292K | — | |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.70 | −0.438% | $692 | $221K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.30 | −0.560% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.11 | −0.619% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 321.08 | −0.628% | $1.1M | $3.5M | 10x | as long as short |
| BloFin ARM-USDT | +0.0017% | 8h | 320.89 | −0.687% | $120K | $51K | 20x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.90 | −0.684% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.26 | −0.573% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.94 | −0.672% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.80 | −0.715% | $184K | $428K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0093% | 1h | 321.04 | −0.641% | $12K | $59K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.17 | −0.600% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0126% | 1h | 321.14 | −0.610% | $8.1M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.23 | −0.582% | $100K | $298K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 321.57 | −0.477% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 323.11 | long leg | $5K | $50K | 12x |
Injective ARM/USDC PERP
Variational Omni ARM
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM