Funding you earn now, next payment 06:00 UTC−0.0139%/8h= −15.3% APRpaid last 24h −0.026%
Price spread now: Variational Omni against tradeXYZ−0.056%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.056%, 7d avg +0.019%
=Together, before fees−0.044%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.076% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ARM | 321.41 | 0.0139 | pay 0.0017% / 1h | 10m 21s | $8.1M | $8.7M | 10x |
| Short | Variational Omni ARM | 321.23 | 0 | get 0.0000% / 8h | 2h 10m | $185K | $293K | — |
tradeXYZ xyz:ARM
Variational Omni ARMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- −$29.29
- Price spread: −0.056% → +0.019%
- −$7.59
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$54.88
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 8 min ago; Variational Omni: RFQ quote, 39 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 tradeXYZ live order book, 8 min ago | 1.09 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 39 min ago | 6.24 bp | doesn't fit | 64.9 bp −$649 | doesn't fit | doesn't fit |
ARM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0916% | 8h | 321.27 | −0.044% | $1.8M | $4.0M | 20x | as long as short |
| BloFin ARM-USDT | −0.0006% | 8h | 320.99 | −0.131% | $121K | $51K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.34 | −0.021% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.10 | −0.097% | $38K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.59 | +0.057% | $8.2M | $50.3M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.47 | +0.019% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.32 | −0.028% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 321.55 | +0.044% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARMshort | 0.0000% | 8h | 321.23 | −0.056% | $185K | $293K | — | |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 319.65 | −0.549% | $655 | $221K | 10x | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 320.66 | −0.233% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.03 | −0.118% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 321.22 | −0.059% | $1.1M | $3.5M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 320.81 | −0.187% | — | — | 10x | as long as short |
| edgeX ARMUSDC | +0.0034% | 4h | 320.46 | −0.296% | $34K | $350K | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.21 | −0.062% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.25 | −0.050% | $371K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.96 | −0.140% | $187K | $424K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.09 | −0.100% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARMlong | +0.0139% | 1h | 321.41 | long leg | $8.1M | $8.7M | 10x | |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.23 | −0.056% | $100K | $304K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 319.85 | −0.485% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +0.529% | $5K | $50K | 12x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0778% | 1h | 321.39 | −0.006% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
edgeX ARMUSDC
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL