Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.47 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against Variational Omni+0.020%7-day average −0.035% · 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)−0.023%−$2 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now +0.020%, 7d avg −0.035%
=Together, before fees−0.002%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.054% dearer against Variational Omni than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.035%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 4 days (−0.023% in total) that is about 8.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2196 | −0.0042 | get 0.0042% / 8h | 1h 05m | $1.8M | $3.0M | — |
| Short | OKX ARB-USDT-SWAP | 0.2197 | −0.0089 | pay 0.0089% / 8h | 1h 05m | $22.1M | $144.9M | 50x |
Variational Omni ARB
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$9.86
- Price spread: +0.020% → −0.035%
- $5.45
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$14.41
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; OKX: live order book, 4 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, 4 min ago | 4.55 bp | doesn't fit | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.23 bp | 10.0 bp −$10 | 19.8 bp −$198 | 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 | −0.1592% | 1h | 0.2190 | −0.290% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0168% | 1h | 0.2198 | +0.079% | $67K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2196 | −0.017% | $7K | $236 | 10x | as long as short |
| SoDEX ARB-USD | −0.0100% | 1h | 0.2198 | +0.056% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0089% | 8h | 0.2197 | +0.020% | $22.1M | $144.9M | 50x | |
| MEXC ARB_USDT | −0.0088% | 8h | 0.2198 | +0.061% | $42.3M | $62.4M | 200x | as long as short |
| Variational Omni ARBlong | −0.0042% | 8h | 0.2196 | long leg | $1.8M | $3.0M | — | |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2198 | +0.074% | $12K | $408K | 10x | as long as short |
| Bybit ARBUSDT | −0.0009% | 8h | 0.2197 | +0.015% | $54.0M | $126.3M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2198 | +0.064% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
SoDEX ARB-USD
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX 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 | 0.2199 | +0.111% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2199 | +0.105% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0017% | 8h | 0.2197 | +0.047% | $5.4M | $18.5M | 60x | as long as short |
| Binance ARBUSDT | +0.0030% | 8h | 0.2197 | +0.024% | $62.9M | $301.7M | 75x | as long as short |
| Extended ARB-USD | +0.0032% | 1h | 0.2196 | −0.002% | $350K | $2.9M | 25x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2199 | +0.106% | $485K | $2.6M | 10x | as long as short |
| BingX ARB-USDC | +0.0069% | 8h | 0.2196 | −0.017% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0072% | 8h | 0.2197 | +0.029% | $21.2M | $34.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2199 | +0.116% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2198 | +0.070% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2200 | +0.165% | $37.2M | $49.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2198 | +0.074% | $631K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2200 | +0.145% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2198 | +0.079% | $19.5M | $14.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2197 | +0.052% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2199 | +0.119% | $478K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2197 | +0.029% | $119K | $280K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2201 | +0.211% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.056% | $293K | $857K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2198 | +0.074% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0122% | 8h | 0.2198 | +0.070% | $3.0M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0232% | 1h | 0.2199 | +0.133% | $1.1M | $4.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2199 | +0.124% | $830K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2204 | +0.334% | $525K | $1.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2198 | +0.076% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0586% | 1h | 0.2201 | +0.229% | $989K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Binance ARBUSDT
Extended ARB-USD
RISEx ARB/USDC
BingX ARB-USDC
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
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP