Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.023%
Price spread now: Variational Omni against Hyperliquid−0.367%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.367% cheaper against Hyperliquid than usual: you would sell low and buy high, −$37 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 | Hyperliquid ALGO | 0.1101 | 0.0100 | pay 0.0013% / 1h | 44m 07s | $3.6M | $2.0M | 5x |
| Short | Variational Omni ALGO | 0.1097 | 0.0100 | get 0.0100% / 8h | 2h 44m | $60K | $12K | — |
Hyperliquid ALGO
Variational Omni ALGOFunding 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: −0.367% → 0.000%
- −$36.72
- 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
- −$45.72
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; Variational Omni: 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 Hyperliquid live order book, 7 min ago | 0.45 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0114% | 1h | 0.1100 | −0.064% | $87K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1099 | −0.127% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.763% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGOlong | +0.0100% | 1h | 0.1101 | long leg | $3.6M | $2.0M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1099 | −0.107% | $44K | $37K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1099 | −0.159% | $9.5M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1098 | −0.254% | $11.0M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1099 | −0.164% | $2.7M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1098 | −0.200% | $846K | $918K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1099 | −0.145% | $22.8M | $3.1M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1099 | −0.182% | $3.4M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1099 | −0.145% | $5.4M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1099 | −0.173% | — | $3.3M | — | as long as short |
| Variational Omni ALGOshort | +0.0100% | 8h | 0.1097 | −0.367% | $60K | $12K | — | |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1099 | −0.127% | $59K | $135K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1099 | −0.162% | $4K | $195K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0112% | 1h | 0.1100 | −0.051% | $829K | $1.1M | 50x | as long as short |
| Phemex ALGOUSDT | +0.0133% | 8h | 0.1101 | +0.036% | $3.7M | $1.8M | 50x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0144% | 1h | 0.1106 | +0.491% | $63K | $287K | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1098 | −0.236% | $471K | $865K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0317% / S −0.0264% | 1h | 0.1099 | −0.111% | $6K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1801% | 1h | 0.1098 | −0.245% | $158K | $4K | 5x | as long as short |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
Phemex ALGOUSDT
Coinbase International ALGO-PERP-INTX
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD