Funding you earn now, next payment 23:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h −0.039%
Price spread now: Deribit against Variational Omni+0.373%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Deribit is 0.373% dearer against Variational Omni than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2230 | −0.0162 | get 0.0162% / 8h | 1h 28m | $1.9M | $2.8M | — |
| Short | Deribit ARB_USDC-PERPETUAL | 0.2238 | −0.0152 | pay 0.0019% / 1h | 28m 45s | $26K | $32K | 25x |
Variational Omni ARB
Deribit ARB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $2.05
- Price spread: +0.373% → 0.000%
- $37.35
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $32.4
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, just now; Deribit: no order-book sample. 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, just now | 6.71 bp | doesn't fit | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1770% | 1h | 0.2226 | −0.178% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2237 | +0.320% | $7K | $2K | 10x | as long as short |
| Variational Omni ARBlong | −0.0162% | 8h | 0.2230 | long leg | $1.9M | $2.8M | — | |
| SoDEX ARB-USD | −0.0154% | 1h | 0.2238 | +0.338% | $4K | $2.8M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUALshort | −0.0152% | 1h | 0.2238 | +0.373% | $26K | $32K | 25x | |
| Bybit ARBUSDT | −0.0141% | 8h | 0.2238 | +0.369% | $57.8M | $133.7M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0108% | 1h | 0.2237 | +0.302% | $71K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2239 | +0.423% | $22.4M | $161.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0103% | 8h | 0.2239 | +0.387% | $37.6M | $62.6M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0031% | 8h | 0.2237 | +0.315% | $11K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0011% | 8h | 0.2240 | +0.427% | $63.9M | $319.0M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2238 | +0.351% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2242 | +0.517% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2238 | +0.360% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0030% | 8h | 0.2239 | +0.396% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0077% | 8h | 0.2239 | +0.405% | $21.0M | $37.4M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2238 | +0.382% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0083% | 8h | 0.2237 | +0.306% | — | $6.5M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2240 | +0.440% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2241 | +0.495% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2243 | +0.580% | $40.0M | $51.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2238 | +0.382% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2239 | +0.386% | $45K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2240 | +0.454% | $20.6M | $16.6M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2240 | +0.471% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2232 | +0.091% | $473K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2243 | +0.584% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2239 | +0.405% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2238 | +0.338% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2237 | +0.315% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0109% | 8h | 0.2237 | +0.302% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2235 | +0.217% | $505K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0158% | 1h | 0.2238 | +0.377% | $840K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2235 | +0.248% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2239 | +0.425% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0626% | 1h | 0.2241 | +0.517% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Aevo ARB-PERP
BingX ARB-USDC
Kraken Futures PF_ARBUSD
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
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP