Funding you earn now, next payment 01:00 UTC−0.0225%/8h= −24.7% APRpaid last 24h −0.012%
Price spread now: Variational Omni against Extended−0.044%7-day average +0.100% · 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)−0.020%−$2 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.044%, 7d avg +0.100%
=Together, before fees+0.038%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.144% cheaper against Extended than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.100%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.020% in total (about -2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2268 | 0.0024 | pay 0.0003% / 1h | 7m 37s | $360K | $2.5M | 25x |
| Short | Variational Omni ARB | 0.2267 | −0.0201 | pay 0.0201% / 8h | 7h 07m | $2.0M | $2.8M | — |
Extended ARB-USD
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$47.33
- Price spread: −0.044% → +0.100%
- −$14.42
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$66.75
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 6 min ago; Variational Omni: RFQ quote, 2 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 Extended live order book, 6 min ago | 8.80 bp | 11.3 bp −$11 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.40 bp | doesn't fit | 22.0 bp −$220 | 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 | −0.1666% | 1h | 0.2261 | −0.290% | $41K | $372K | 12x | as long as short |
| Variational Omni ARBshort | −0.0201% | 8h | 0.2267 | −0.044% | $2.0M | $2.8M | — | |
| Deribit ARB_USDC-PERPETUAL | −0.0147% | 1h | 0.2268 | +0.023% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2266 | −0.065% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2271 | +0.137% | $1.2M | $4.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0110% | 8h | 0.2268 | +0.005% | $59.0M | $126.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0108% | 8h | 0.2268 | +0.019% | $23.2M | $157.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0107% | 8h | 0.2270 | +0.089% | $39.6M | $59.5M | 200x | as long as short |
| SoDEX ARB-USD | −0.0068% | 1h | 0.2268 | +0.005% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0050% | 8h | 0.2267 | −0.026% | $13K | $389K | 10x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2269 | +0.077% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2269 | +0.059% | $33K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0021% | 8h | 0.2267 | −0.026% | $67.1M | $310.6M | 75x | as long as short |
| Extended ARB-USDlong | +0.0024% | 1h | 0.2268 | long leg | $360K | $2.5M | 25x | |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2269 | +0.047% | $144K | $7K | 3x | as long as short |
| BingX ARB-USDC | +0.0094% | 8h | 0.2266 | −0.052% | — | $6.5M | — | as long as short |
| BloFin ARB-USDT | +0.0095% | 8h | 0.2271 | +0.169% | $3.2M | $2.9M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2270 | +0.094% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2270 | +0.107% | $41.1M | $47.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2270 | +0.113% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2269 | +0.051% | $45K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2269 | +0.076% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2268 | +0.023% | $19.7M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2269 | +0.063% | $21.8M | $35.7M | 50x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | +0.057% | $41K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2276 | +0.371% | $488K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2270 | +0.107% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2267 | −0.026% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2268 | +0.019% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | −0.017% | $295K | $976K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2270 | +0.107% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2270 | +0.107% | $522K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2265 | −0.122% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2269 | +0.054% | $927K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2270 | +0.091% | $519K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0593% | 1h | 0.2271 | +0.146% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Aevo ARB-PERP
BingX ARB-USDC
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP