Funding you earn now, next payment 00:00 UTC−0.0113%/8h= −12.3% APRnext payment −$1.13 per $10,000 · paid last 24h −0.005%
Price spread now: Variational Omni against BloFin−0.301%71s7-day average −0.116% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.158%−$16 on $10k
+Price spread, last 3 days (all we have)−0.446%−$45 · spread now −0.301%, 7d avg −0.116%
=Together, before fees−0.604%+ Points / potential airdropVariational Omni: Active · farm board−$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.185% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.116%). Swap the legs. The two prices were read 71 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 | BloFin AR-USDT | 4.5130 | 0.0213 | pay 0.0213% / 8h | 1h 26m | $420K | $669K | 20x |
| Short | Variational Omni AR | 4.4994 | 0.0100 | get 0.0100% / 8h | 1h 26m | $136K | $173K | — |
BloFin AR-USDT
Variational Omni ARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$23.63
- Price spread: −0.301% → −0.116%
- −$18.45
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$54.08
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 55 min ago; Variational Omni: RFQ quote, 58 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 BloFin live order book, 55 min ago | 2.23 bp | 12.7 bp −$13 | 41.0 bp −$410 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 58 min ago | 4.94 bp | doesn't fit | 132.6 bp −$1,326 | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.1918% | 1h | 4.5121 | −0.020% | $47K | $155K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.5148 | +0.040% | $580K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | +1.307% | $3K | $339 | 5.5x | as long as short |
| OKX AR-USDT-SWAP | +0.0068% | 8h | 4.5040 | −0.199% | $2.3M | $20.5M | 20x | as long as short |
| Extended AR-USD | +0.0088% | 1h | 4.5091 | −0.085% | $37K | $237K | 10x | as long as short |
| Binance ARUSDT | +0.0090% | 8h | 4.5087 | −0.095% | $8.8M | $55.4M | 75x | as long as short |
| MEXC AR_USDT | +0.0092% | 8h | 4.5090 | −0.089% | $6.7M | $4.6M | 100x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.5184 | +0.120% | $3.8M | $4.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.5087 | −0.096% | $20K | $618K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5087 | −0.095% | $4.6M | $8.9M | 75x | as long as short |
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
OKX AR-USDT-SWAP
Extended AR-USD
Binance ARUSDT
MEXC AR_USDT
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AR_USDT | +0.0100% | 8h | 4.5100 | −0.066% | $2.5M | $2.3M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5140 | +0.022% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.5110 | −0.044% | $3.9M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.5090 | −0.089% | — | $2.9M | — | as long as short |
| Variational Omni ARshort | +0.0100% | 8h | 4.4994 | −0.301% | $136K | $173K | — | |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5090 | −0.089% | $57K | $748K | 50x | as long as short |
| BloFin AR-USDTlong | +0.0213% | 8h | 4.5130 | long leg | $420K | $669K | 20x |
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
ApeX Omni ARUSDT