Funding you earn now, next payment 09:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h −0.032%
Price spread now: Variational Omni against Pacifica−0.194%7-day average +0.031% · 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)−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)+0.720%+$72 · spread now −0.194%, 7d avg +0.031%
=Together, before fees+0.663%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$66 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.225% cheaper against Pacifica than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2191 | 0.0100 | pay 0.0013% / 1h | 57m 44s | $43K | $146K | 10x |
| Short | Variational Omni ARB | 0.2187 | 0.0029 | get 0.0029% / 8h | 7h 57m | $1.8M | $3.0M | — |
Pacifica ARB
Variational Omni ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Pacifica. 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
- −$14.95
- Price spread: −0.194% → +0.031%
- −$22.46
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$45.41
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 40 min ago; Variational Omni: RFQ quote, 1 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 Pacifica live order book, 40 min ago | 8.48 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.58 bp | doesn't fit | 13.7 bp −$137 | 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 | −0.1605% | 1h | 0.2174 | −0.771% | $39K | $372K | 12x | as long as short |
| Phemex ARBUSDT | −0.0291% | 8h | 0.2188 | −0.132% | $4.8M | $12.8M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0169% | 1h | 0.2190 | −0.045% | $1.1M | $4.3M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2193 | +0.100% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0069% | 8h | 0.2192 | +0.032% | $22.1M | $145.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0068% | 8h | 0.2190 | −0.018% | $42.8M | $62.3M | 200x | as long as short |
| SoDEX ARB-USD | −0.0062% | 1h | 0.2188 | −0.132% | $9K | $2.2M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2189 | −0.087% | $16K | $410K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | −0.008% | $65K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2191 | +0.002% | $364K | $3.1M | 25x | as long as short |
Injective ARB/USDC PERP
Phemex ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USD
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2190 | −0.018% | $28K | $38K | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2191 | +0.015% | $63.2M | $299.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2189 | −0.064% | $73K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0009% | 8h | 0.2192 | +0.037% | $5.4M | $18.0M | 60x | as long as short |
| Variational Omni ARBshort | +0.0029% | 8h | 0.2187 | −0.194% | $1.8M | $3.0M | — | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2190 | −0.054% | $139K | $7K | 3x | as long as short |
| BingX ARB-USDC | +0.0087% | 8h | 0.2190 | −0.027% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2190 | −0.041% | $21.1M | $34.6M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2191 | −0.014% | $1.3M | $5.3M | 15x | as long as short |
| BloFin ARB-USDT | +0.0099% | 8h | 0.2187 | −0.169% | $3.0M | $2.3M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2191 | +0.018% | $36.7M | $49.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2190 | −0.019% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2191 | long leg | $43K | $146K | 10x | |
| Bybit ARBUSDT | +0.0100% | 8h | 0.2191 | +0.018% | $53.4M | $125.9M | 50x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2190 | −0.037% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2181 | −0.450% | $39K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2186 | −0.242% | $464K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2184 | −0.315% | $118K | $268K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2190 | −0.027% | $73K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2192 | +0.050% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2188 | −0.123% | $293K | $836K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2190 | −0.039% | $511K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0220% | 1h | 0.2191 | −0.014% | $979K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2190 | −0.040% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2187 | −0.157% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2191 | +0.005% | $514K | $1.5M | 50x | as long as short |
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
BloFin ARB-USDT
Hyperliquid ARB
Aster ARBUSDT
Bybit ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX