Funding you earn now, next payment 02:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h —
Price spread now: Variational Omni against Lighter+0.064%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.064% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ARM | 328.11 | 0.0032 | pay 0.0004% / 1h | 40m 11s | — | — | 10x |
| Short | Variational Omni ARM | 328.32 | 0.0176 | get 0.0176% / 8h | 6h 40m | $213K | $438K | — |
Lighter ARM
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- $30.22
- Price spread: +0.064% → 0.000%
- $6.37
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $36.6
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Variational Omni: RFQ quote, 29 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 29 min ago | 5.51 bp | doesn't fit | 39.5 bp −$395 | doesn't fit | doesn't fit |
Lighter: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0774% | 4h | 328.66 | +0.169% | $35K | $344K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.06 | −0.015% | $99K | $293K | 10x | as long as short |
| BloFin ARM-USDT | −0.0010% | 8h | 329.28 | +0.357% | $128K | $46K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.57 | +0.139% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.48 | +0.113% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.17 | +0.018% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.57 | +0.140% | $651 | $186K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.16 | +0.015% | $1K | $2.9M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 328.17 | +0.018% | $12K | $125K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.39 | +0.085% | $18K | $16K | 20x | as long as short |
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0015% | 1h | 328.16 | +0.015% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARMlong | +0.0032% | 1h | 328.11 | long leg | — | — | 10x | |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.46 | +0.107% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 328.29 | +0.055% | $8.3M | $8.9M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 328.17 | +0.018% | $380K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 327.88 | −0.070% | $201K | $533K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 328.58 | +0.143% | $5K | $444K | 10x | as long as short |
| Variational Omni ARMshort | +0.0176% | 8h | 328.32 | +0.064% | $213K | $438K | — | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 333.76 | +1.722% | $5K | $50K | 12x | as long as short |
| Gate ARM_USDT | +0.0250% | 8h | 328.49 | +0.116% | $1.5M | $4.2M | 50x | as long as short |
| Binance ARMUSDT | +0.0303% | 8h | 328.22 | +0.033% | $8.7M | $50.6M | 20x | as long as short |
| Extended ARM-USD | +0.0304% | 1h | 328.25 | +0.044% | $36K | $278K | 10x | as long as short |
| Bitget ARMUSDT | +0.0691% | 8h | 328.18 | +0.021% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTM | +0.0818% | 8h | 328.51 | +0.122% | $2.4M | $121K | 20x | as long as short |
QFEX ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Injective ARM/USDC PERP
Gate ARM_USDT
Binance ARMUSDT
Extended ARM-USD
Bitget ARMUSDT
KuCoin ARMUSDTM