Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Variational Omni−0.174%7-day average — · you buy dearer than you sell
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 · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.174% cheaper against Variational Omni than usual: you would sell low and buy high, −$17 on $10k if it 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 2Z | 0.05202 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $33K | $29K | — |
| Short | Hyperliquid 2Z | 0.05193 | 0.0100 | get 0.0013% / 1h | 12m 16s | $666K | $374K | 3x |
Variational Omni 2Z
Hyperliquid 2ZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0
- Price spread: −0.174% → 0.000%
- −$17.37
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$26.37
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 38 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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 38 min ago | 1.25 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
Variational Omni: 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.
2Z on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack 2Z_USDC_PERP | −0.0549% | 1h | 0.05195 | −0.135% | $45K | $32K | 5x | as long as short |
| Injective 2Z/USDC PERP | +0.0033% | 1h | 0.04980 | −4.268% | $867 | $213 | 5.5x | as long as short |
| Lighter 2Z | +0.0096% | 1h | 0.05202 | −0.001% | $16K | $8K | 3x | as long as short |
| Hyperliquid 2Zshort | +0.0100% | 1h | 0.05193 | −0.174% | $666K | $374K | 3x | |
| Aster 2ZUSDT | +0.0100% | 4h | 0.05197 | −0.101% | $12K | $57K | 5x | as long as short |
| Pacifica 2Z | +0.0100% | 1h | 0.05195 | −0.141% | $75K | $14K | 3x | as long as short |
| Binance 2ZUSDT | +0.0100% | 4h | 0.05192 | −0.190% | $2.1M | $2.3M | 50x | as long as short |
| Bybit 2ZUSDT | +0.0100% | 4h | 0.05199 | −0.058% | $685K | $961K | 50x | as long as short |
| OKX 2Z-USDT-SWAP | +0.0100% | 4h | 0.05197 | −0.097% | $447K | $709K | 20x | as long as short |
| Gate 2Z_USDT | +0.0100% | 4h | 0.05191 | −0.212% | $92K | $69K | 50x | as long as short |
Backpack 2Z_USDC_PERP
Injective 2Z/USDC PERP
Lighter 2Z
Aster 2ZUSDT
Pacifica 2Z
Binance 2ZUSDT
Bybit 2ZUSDT
OKX 2Z-USDT-SWAP
Gate 2Z_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC 2Z_USDT | +0.0100% | 4h | 0.05196 | −0.116% | $294K | $125K | 50x | as long as short |
| KuCoin 2ZUSDTM | +0.0100% | 4h | 0.05196 | −0.110% | $191K | $52K | 50x | as long as short |
| Bitget 2ZUSDT | +0.0100% | 4h | 0.05199 | −0.058% | $147K | $611K | 50x | as long as short |
| BingX 2Z-USDT | +0.0100% | 4h | 0.05194 | −0.155% | — | $6.5M | — | as long as short |
| Variational Omni 2Zlong | +0.0100% | 4h | 0.05202 | long leg | $33K | $29K | — | |
| SunX 2Z-USDT | +0.0100% | 4h | 0.05197 | −0.097% | $1K | $1.2M | 20x | as long as short |
| Kraken Futures PF_2ZUSD | +0.1049% | 1h | 0.05205 | +0.059% | $6K | $3K | 10x | as long as short |
MEXC 2Z_USDT
KuCoin 2ZUSDTM
Bitget 2ZUSDT
BingX 2Z-USDT
SunX 2Z-USDT
Kraken Futures PF_2ZUSD