Funding you earn now, next payment 04:00 UTC+0.0353%/8h= +38.7% APRpaid last 24h +0.110%
Price spread now: Coinbase International against Variational Omni+0.229%7-day average +0.163% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.274%+$27 on $10k
+Price spread, last 4 days (all we have)+1.430%+$143 · spread now +0.229%, 7d avg +0.163%
=Together, before fees+1.704%+ Points / potential airdropVariational Omni: Active · farm board+$170 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.066% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.163%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2199 | −0.0097 | get 0.0097% / 8h | 3h 53m | $1.8M | $2.9M | — |
| Short | Coinbase International ARB-PERP-INTX | 0.2204 | 0.0256 | get 0.0032% / 1h | 53m 10s | $492K | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $74.22
- Price spread: +0.229% → +0.163%
- $6.64
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $70.86
- Costs to cover
- 0.100%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Coinbase International: live order book, 5 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, 1 min ago | 4.55 bp | doesn't fit | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 9.08 bp | 17.2 bp −$17 | 29.9 bp −$299 | 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 | −0.1589% | 1h | 0.2188 | −0.499% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0246% | 1h | 0.2201 | +0.102% | $81K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0115% | 8h | 0.2197 | −0.098% | $22.2M | $143.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0115% | 8h | 0.2198 | −0.067% | $42.2M | $60.2M | 200x | as long as short |
| Variational Omni ARBlong | −0.0097% | 8h | 0.2199 | long leg | $1.8M | $2.9M | — | |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2202 | +0.138% | $12K | $405K | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0064% | 1h | 0.2200 | +0.033% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2204 | +0.215% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0042% | 8h | 0.2197 | −0.098% | $55.3M | $124.3M | 50x | as long as short |
| Gate ARB_USDT | −0.0034% | 8h | 0.2201 | +0.111% | $5.3M | $18.0M | 60x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2200 | +0.043% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2203 | +0.206% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2202 | +0.157% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0022% | 8h | 0.2201 | +0.096% | $63.9M | $300.3M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2202 | +0.120% | $350K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0060% | 8h | 0.2198 | −0.044% | $20.9M | $34.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0061% | 8h | 0.2196 | −0.130% | — | $53.6M | — | as long as short |
| SoDEX ARB-USD | +0.0077% | 1h | 0.2202 | +0.152% | $10K | $2.2M | 5x | as long as short |
| BloFin ARB-USDT | +0.0087% | 8h | 0.2197 | −0.098% | $3.1M | $2.5M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2203 | +0.173% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2203 | +0.183% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2203 | +0.197% | $37.8M | $48.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2201 | +0.087% | $633K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2199 | +0.008% | $42K | $163K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2198 | −0.030% | $19.6M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2201 | +0.077% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2201 | +0.105% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2200 | +0.047% | $119K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2204 | +0.229% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2201 | +0.079% | $299K | $890K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2200 | +0.047% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2200 | +0.049% | $481K | $2.6M | 10x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0256% | 1h | 0.2204 | +0.229% | $492K | $1.7M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2203 | +0.176% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2201 | +0.094% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0607% | 1h | 0.2202 | +0.120% | $992K | $2.8M | 20x | as long as short |
Variational Omni ARB
Coinbase International ARB-PERP-INTX
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Gate ARB_USDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
SoDEX ARB-USD
BloFin ARB-USDT
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
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP