Funding you earn now, next payment 10:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h +0.003%
Price spread now: Variational Omni against Coinbase International+0.547%58s7-day average +0.036% · 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 4 days (all we have)−0.440%−$44 · spread now +0.547%, 7d avg +0.036%
=Together, before fees−0.463%+ Points / potential airdropVariational Omni: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.511% dearer against Coinbase International than usual: you sell high and buy low (spread +0.547% now, against its 7-day average of +0.036%): +$51 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 4 days (−0.023% in total) that is about 3 months. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARM-PERP-INTX | 320.69 | 0.0096 | pay 0.0012% / 1h | 6m 23s | $99K | $269K | 10x |
| Short | Variational Omni ARM | 322.44 | 0 | get 0.0000% / 8h | 5h 06m | $187K | $219K | — |
Coinbase International ARM-PERP-INTX
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- −$20.16
- Price spread: +0.547% → +0.036%
- $51.11
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $20.95
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 40 min ago; Variational Omni: RFQ quote, 41 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 Coinbase International live order book, 40 min ago | 6.52 bp | 11.8 bp −$12 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 41 min ago | 3.95 bp | doesn't fit | 60.5 bp −$605 | doesn't fit | doesn't fit |
ARM on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0004% | 8h | 322.38 | +0.527% | $128K | $56K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.28 | +0.497% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.45 | +0.548% | $33K | $325K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.62 | +0.603% | $8.2M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 322.65 | +0.611% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.54 | +0.577% | $1.7M | $6.3M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.64 | +0.608% | $1.4M | $4.1M | 50x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 322.49 | +0.561% | $1.7M | $4.2M | 20x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 322.44 | +0.547% | $187K | $219K | — | |
| SunX ARM-USDT | 0.0000% | 8h | 322.59 | +0.592% | $961 | $2.0M | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Bitget ARMUSDT
SunX ARM-USDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 322.51 | +0.568% | $12K | $53K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 322.44 | +0.546% | $18K | $11K | 20x | as long as short |
| QFEX ARM-USD | +0.0019% | 1h | 322.55 | +0.580% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.49 | +0.561% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.65 | +0.611% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.97 | +0.711% | $367K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 322.13 | +0.449% | $184K | $442K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0060% | 1h | 322.95 | +0.705% | $8.3M | $8.6M | 10x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0096% | 1h | 320.69 | long leg | $99K | $269K | 10x | |
| Injective ARM/USDC PERP | +0.0207% | 1h | 322.26 | +0.490% | $3K | $60K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0207% | 8h | 322.50 | +0.564% | $2.3M | $318K | 20x | as long as short |
| Phoenix ARM | +0.0248% | 1h | 322.50 | +0.564% | $8K | $424K | 10x | as long as short |
| edgeX ARMUSDC | +0.0295% | 4h | 322.50 | +0.565% | $35K | $362K | 10x | as long as short |
| GRVT ARM_USDT_Perp | +0.0365% | 8h | 322.61 | +0.598% | $397 | $261K | 10x | as long as short |
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Phoenix ARM
edgeX ARMUSDC
GRVT ARM_USDT_Perp