Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: Variational Omni against Hyperliquid−0.008%7-day average −0.008% · 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)+0.005%$0 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now −0.008%, 7d avg −0.008%
=Together, before fees−0.024%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ADA | 0.2454 | 0.0100 | pay 0.0013% / 1h | 58m 07s | $42.6M | $14.9M | 10x |
| Short | Variational Omni ADA | 0.2454 | 0.0100 | get 0.0100% / 8h | 4h 58m | $4.3M | $1.1M | — |
Hyperliquid ADA
Variational Omni ADAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hyperliquid. 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: −0.008% → −0.008%
- $0.02
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.98
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 Hyperliquid live order book, 5 min ago | 0.81 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 6.11 bp | doesn't fit | 10.2 bp −$102 | doesn't fit | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2459 | +0.178% | $202K | $3K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2460 | +0.236% | $140K | $6.3M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2454 | −0.029% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.685% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2455 | +0.033% | $408K | $7.7M | 50x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0092% | 1h | 0.2454 | −0.019% | $6.2M | $12.8M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2455 | +0.037% | $2.4M | $1.1M | 10x | as long as short |
| Hyperliquid ADAlong | +0.0100% | 1h | 0.2454 | long leg | $42.6M | $14.9M | 10x | |
| Aster ADAUSDT | +0.0100% | 8h | 0.2455 | +0.036% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2461 | +0.262% | $160K | $161K | 10x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Kraken Futures PF_ADAUSD
Lighter ADA
Aster ADAUSDT
Pacifica ADAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADAUSDT | +0.0100% | 8h | 0.2452 | −0.090% | $103.6M | $372.6M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2451 | −0.130% | $71.5M | $111.3M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2451 | −0.130% | $32.6M | $105.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2451 | −0.130% | $98.3M | $58.6M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | −0.090% | $61.2M | $59.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2455 | +0.020% | $29.6M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2453 | −0.049% | $65.9M | $50.2M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2453 | −0.049% | — | $20.0M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2453 | −0.041% | $125K | $448K | 15x | as long as short |
| Variational Omni ADAshort | +0.0100% | 8h | 0.2454 | −0.008% | $4.3M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2455 | +0.037% | $65K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2456 | +0.068% | $293K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2456 | +0.073% | $226K | $739K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2457 | +0.126% | $91K | $683K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2454 | −0.008% | $6K | $5K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2456 | +0.056% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2458 | +0.156% | $8K | $742K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2455 | +0.012% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.001% | $1.3M | $6.3M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2454 | −0.008% | $47.8M | $6.5M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2453 | −0.031% | $531K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0107% | 8h | 0.2460 | +0.235% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0163% | 1h | 0.2456 | +0.073% | $4K | $89K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2455 | +0.033% | $4.5M | $5.7M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2456 | +0.075% | $1K | — | 15x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0320% | 1h | 0.2456 | +0.061% | $586K | $485K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0547% / S −0.0339% | 1h | 0.2454 | −0.003% | $121K | — | 100x | as long as short |
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Backpack ADA_USDC_PERP
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]