Funding you earn now, next payment 02:00 UTC−0.0375%/8h= −41.0% APRpaid last 24h −0.109%
Price spread now: Variational Omni against Coinbase International−0.349%7-day average −0.163% · 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)−0.271%−$27 on $10k
+Price spread, last 4 days (all we have)−2.049%−$205 · spread now −0.349%, 7d avg −0.163%
=Together, before fees−2.320%+ Points / potential airdropVariational Omni: Active · farm board−$232 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.186% cheaper against Coinbase International than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.163%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARB-PERP-INTX | 0.2230 | 0.0224 | pay 0.0028% / 1h | 31m 14s | $509K | $2.0M | 50x |
| Short | Variational Omni ARB | 0.2222 | −0.0151 | pay 0.0151% / 8h | 5h 31m | $1.9M | $2.9M | — |
Coinbase International ARB-PERP-INTX
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- −$78.68
- Price spread: −0.349% → −0.163%
- −$18.63
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$107.32
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 Coinbase International live order book, 3 min ago | 6.74 bp | 20.0 bp −$20 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 6.76 bp | doesn't fit | 20.3 bp −$203 | doesn't fit | doesn't fit |
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 | −0.1577% | 1h | 0.2214 | −0.717% | $40K | $372K | 12x | as long as short |
| Variational Omni ARBshort | −0.0151% | 8h | 0.2222 | −0.349% | $1.9M | $2.9M | — | |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2227 | −0.130% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0130% | 8h | 0.2226 | −0.170% | $22.4M | $151.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0130% | 8h | 0.2227 | −0.130% | $38.3M | $59.1M | 200x | as long as short |
| SoDEX ARB-USD | −0.0115% | 1h | 0.2227 | −0.130% | $10K | $2.4M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2228 | −0.069% | $1.1M | $4.5M | 50x | as long as short |
| Bybit ARBUSDT | −0.0095% | 8h | 0.2227 | −0.148% | $56.6M | $126.0M | 50x | as long as short |
| Gate ARB_USDT | −0.0089% | 8h | 0.2227 | −0.117% | $5.4M | $19.1M | 60x | as long as short |
| Polymarket Perps ARB-USD | −0.0082% | 1h | 0.2228 | −0.076% | $96K | $2.1M | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Gate ARB_USDT
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0071% | 8h | 0.2227 | −0.135% | $12K | $385K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2228 | −0.101% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2228 | −0.103% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2228 | −0.090% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2225 | −0.207% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0011% | 8h | 0.2227 | −0.135% | $64.9M | $308.0M | 75x | as long as short |
| BloFin ARB-USDT | +0.0045% | 8h | 0.2228 | −0.085% | $3.1M | $2.7M | 75x | as long as short |
| ApeX Omni ARBUSDT | +0.0049% | 1h | 0.2224 | −0.269% | $120K | $283K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2228 | −0.070% | $141K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0093% | 8h | 0.2226 | −0.179% | $21.2M | $34.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2227 | −0.126% | $1.2M | $6.4M | 15x | as long as short |
| Phemex ARBUSDT | +0.0096% | 8h | 0.2227 | −0.135% | $5.0M | $12.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0097% | 8h | 0.2226 | −0.157% | — | $6.5M | — | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2229 | −0.027% | $38.7M | $49.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2229 | −0.060% | $653K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2226 | −0.197% | $42K | $178K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2228 | −0.094% | $19.7M | $15.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2223 | −0.292% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2225 | −0.244% | $475K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2230 | 0.000% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2228 | −0.108% | $298K | $938K | 50x | as long as short |
| Coinbase International ARB-PERP-INTXlong | +0.0224% | 1h | 0.2230 | long leg | $509K | $2.0M | 50x | |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2229 | −0.062% | $492K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2228 | −0.093% | $832K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2227 | −0.133% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0573% | 1h | 0.2225 | −0.220% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
ApeX Omni ARBUSDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Phemex ARBUSDT
BingX ARB-USDC
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP