Funding you earn now, next payment 08:00 UTC+0.0248%/8h= +27.1% APRnext payment +$2.48 per $10,000 · paid last 24h +0.007%
Price spread now: BingX against Variational Omni−0.073%7-day average −0.028% · 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)+0.014%+$1 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.073%, 7d avg −0.028%
=Together, before fees+0.110%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.045% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.028%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.014% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.014% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.48 per $10,000. 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 | Variational Omni ARB | 0.2259 | −0.0201 | get 0.0201% / 8h | 7h 57m | $2.0M | $2.8M | — |
| Short | BingX ARB-USDT | 0.2257 | 0.0047 | get 0.0047% / 8h | 7h 57m | — | $54.0M | — |
Variational Omni ARB
BingX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. 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
- $52
- Price spread: −0.073% → −0.028%
- −$4.48
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $37.52
- Costs to cover
- 0.100%
- Break-even
- 1.9 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BingX: live order book, 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 Variational Omni RFQ quote, 2 min ago | 6.65 bp | doesn't fit | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 0.88 bp | 6.8 bp −$7 | 10.1 bp −$101 | 21.0 bp −$2,101 | 55.1 bp −$27.6K |
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 | 0.2248 | −0.480% | $41K | $372K | 12x | as long as short |
| Bybit ARBUSDT | −0.0635% | 8h | 0.2255 | −0.161% | $58.2M | $127.9M | 50x | as long as short |
| Variational Omni ARBlong | −0.0201% | 8h | 0.2259 | long leg | $2.0M | $2.8M | — | |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2257 | −0.086% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0172% | 1h | 0.2257 | −0.086% | $4K | $2.6M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2259 | +0.001% | $1.1M | $4.9M | 50x | as long as short |
| Gate ARB_USDT | −0.0128% | 8h | 0.2258 | −0.037% | $5.4M | $19.6M | 60x | as long as short |
| MEXC ARB_USDT | −0.0116% | 8h | 0.2257 | −0.095% | $37.9M | $58.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0116% | 8h | 0.2256 | −0.130% | $22.8M | $158.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0104% | 1h | 0.2257 | −0.091% | $25K | $34K | 25x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
01 Exchange ARBUSD
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Gate ARB_USDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2258 | −0.037% | $13K | $392K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0024% | 1h | 0.2258 | −0.051% | $66K | $2.0M | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2255 | −0.148% | $359K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | −0.0007% | 8h | 0.2257 | −0.088% | $66.4M | $313.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2257 | −0.096% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2259 | −0.006% | $56K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0046% | 8h | 0.2256 | −0.126% | $21.2M | $36.0M | 50x | as long as short |
| BingX ARB-USDTshort | +0.0047% | 8h | 0.2257 | −0.073% | — | $54.0M | — | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2258 | −0.037% | $148K | $3K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2259 | +0.011% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2260 | +0.060% | $40.9M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2258 | −0.031% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2257 | −0.075% | $47K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2257 | −0.077% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2256 | −0.104% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2261 | +0.094% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2263 | +0.184% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2260 | +0.051% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2261 | +0.078% | $293K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2257 | −0.082% | $5.2M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0113% | 8h | 0.2256 | −0.139% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2263 | +0.184% | $511K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2257 | −0.071% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2259 | +0.006% | $923K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2259 | +0.013% | $512K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0402% | 1h | 0.2260 | +0.042% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
Polymarket Perps ARB-USD
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP