Funding you earn now, next payment 00:00 UTC+0.0264%/8h= +28.9% APRnext payment +$2.64 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against Variational Omni−0.298%7-day average +0.014% · 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)+0.055%+$5 on $10k
+Price spread, last 3 days (all we have)+1.543%+$154 · spread now −0.298%, 7d avg +0.014%
=Together, before fees+1.598%+ Points / potential airdropVariational Omni: Active · farm board+$160 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.311% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.298% now, against its 7-day average of +0.014%). If the spread goes back, that is −$31 on $10k: about 3.9 days of funding at the current rate (+$8 a day). At the pace of the last 3 days (+0.055% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.055% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.64 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 | 0.2234 | −0.0162 | get 0.0162% / 8h | 2h 11m | $1.9M | $2.8M | — |
| Short | BloFin ARB-USDT | 0.2227 | 0.0102 | get 0.0102% / 8h | 2h 11m | $3.0M | $3.3M | 75x |
Variational Omni ARB
BloFin ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $55.44
- Price spread: −0.298% → +0.014%
- −$31.14
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $12.3
- Costs to cover
- 0.120%
- Break-even
- 5.4 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BloFin: live order book, 7 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, 3 min ago | 4.49 bp | doesn't fit | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.22 bp | 9.2 bp −$9 | 21.4 bp −$214 | 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 | −0.1675% | 1h | 0.2214 | −0.875% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2225 | −0.387% | $7K | $2K | 10x | as long as short |
| Variational Omni ARBlong | −0.0162% | 8h | 0.2234 | long leg | $1.9M | $2.8M | — | |
| Bybit ARBUSDT | −0.0147% | 8h | 0.2228 | −0.253% | $56.0M | $135.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0110% | 1h | 0.2228 | −0.262% | $4K | $2.9M | 5x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2227 | −0.289% | $36.9M | $63.8M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2227 | −0.284% | $22.2M | $163.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2229 | −0.185% | $1.1M | $5.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0052% | 1h | 0.2227 | −0.289% | $77K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2228 | −0.248% | $11K | $388K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
SoDEX ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | −0.0019% | 1h | 0.2229 | −0.195% | $38K | $20K | 25x | as long as short |
| Binance ARBUSDT | −0.0018% | 8h | 0.2228 | −0.260% | $63.4M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2227 | −0.295% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2226 | −0.340% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2229 | −0.219% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0008% | 8h | 0.2228 | −0.248% | $5.5M | $21.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2229 | −0.192% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2227 | −0.293% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0088% | 8h | 0.2225 | −0.365% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | −0.213% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2230 | −0.141% | $39.8M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2229 | −0.216% | $692K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2226 | −0.342% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2228 | −0.257% | $20.4M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2230 | −0.162% | $39K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2227 | −0.281% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2231 | −0.114% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2228 | −0.248% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2225 | −0.387% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | −0.248% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDTshort | +0.0102% | 8h | 0.2227 | −0.298% | $3.0M | $3.3M | 75x | |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2229 | −0.213% | $845K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.692% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2226 | −0.317% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2228 | −0.259% | $494K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0552% | 1h | 0.2232 | −0.087% | $1.1M | $2.7M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP