Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.004%

Price spread now: 01 Exchange against Variational Omni+0.317%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on 01 Exchange

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. 01 Exchange is 0.317% dearer against Variational Omni than usual: you sell high and buy low (spread +0.317% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ARB	0.2220	−0.0156	get 0.0156% / 8h	6h 04m	$1.9M	$2.9M	—
Short	01 Exchange ARBUSD	0.2227	−0.0216	pay 0.0027% / 1h	4m 14s	$7K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee 01 ExchangebpOrdersPrice spread, now +0.317%Rate

Funding earned: −$12.68
Price spread: +0.317% → 0.000%: $31.71
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $12.03
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; 01 Exchange: 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, 5 min ago	4.54 bp	doesn't fit	22.7 bp −$227	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 35 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	−0.1692%	1h	0.2211	−0.390%	$40K	$372K	12x	as long as short
SoDEX ARB-USD	−0.0217%	1h	0.2221	+0.060%	$10K	$2.5M	5x	as long as short
01 Exchange ARBUSDshort	−0.0216%	1h	0.2227	+0.317%	$7K	$2K	10x
Variational Omni ARBlong	−0.0156%	8h	0.2220	long leg	$1.9M	$2.9M	—
OKX ARB-USDT-SWAP	−0.0130%	8h	0.2221	+0.047%	$22.4M	$155.5M	50x	as long as short
MEXC ARB_USDT	−0.0129%	8h	0.2226	+0.272%	$39.1M	$60.3M	200x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0110%	1h	0.2221	+0.083%	$24K	$34K	25x	as long as short
Orderly PERP_ARB_USDC	−0.0069%	8h	0.2221	+0.060%	$13K	$382K	10x	as long as short
Bybit ARBUSDT	−0.0042%	8h	0.2223	+0.173%	$56.7M	$128.2M	50x	as long as short
Gate ARB_USDT	−0.0040%	8h	0.2226	+0.277%	$5.4M	$20.0M	60x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	0.0000%	8h	0.2226	+0.291%	$64.8M	$315.5M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2225	+0.220%	$66K	$5K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2220	+0.016%	$353K	$2.5M	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2226	+0.292%	$10K	—	150x	as long as short
Phemex ARBUSDT	+0.0069%	8h	0.2222	+0.105%	$5.0M	$13.0M	50x	as long as short
ApeX Omni ARBUSDT	+0.0076%	1h	0.2220	+0.015%	$120K	$285K	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2222	+0.089%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2221	+0.083%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2228	+0.367%	$38.8M	$51.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2227	+0.347%	$661K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2224	+0.195%	$42K	$183K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2227	+0.317%	$19.7M	$15.7M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2221	+0.060%	$21.3M	$36.1M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2225	+0.245%	—	$54.6M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2218	−0.081%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2206	−0.610%	$479K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2227	+0.326%	$98K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2226	+0.286%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2222	+0.105%	$298K	$987K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2227	+0.340%	$509K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2226	+0.281%	$831K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2225	+0.242%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0311%	1h	0.2222	+0.108%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2228	+0.358%	$481K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0540%	1h	0.2223	+0.173%	$1.0M	$2.8M	20x	as long as short