Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.023%
Price spread now: Hyperliquid against Variational Omni−0.171%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 0.171% 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 ALGO | 0.1119 | 0.0100 | pay 0.0100% / 8h | 4h 55m | $61K | $12K | — |
| Short | Hyperliquid ALGO | 0.1117 | 0.0101 | get 0.0013% / 1h | 55m 06s | $3.7M | $2.0M | 5x |
Variational Omni ALGO
Hyperliquid ALGOFunding 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
- $0.11
- Price spread: −0.171% → 0.000%
- −$17.11
- 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
- −$26.01
- Costs to cover
- 0.090%
- Break-even
- 1718.9 days
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 6 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, 6 min ago | 1.79 bp | 14.4 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.
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 | −0.0288% | 1h | 0.1115 | −0.350% | $89K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1116 | −0.318% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.070% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1116 | −0.252% | $88K | $291K | 50x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1117 | −0.225% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1116 | −0.295% | $9.8M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1115 | −0.368% | $11.5M | $12.4M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1116 | −0.269% | $2.9M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1115 | −0.412% | $863K | $885K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1116 | −0.305% | $22.8M | $3.0M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
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 | 0.1116 | −0.260% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1115 | −0.377% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1115 | −0.341% | — | $3.3M | — | as long as short |
| Variational Omni ALGOlong | +0.0100% | 8h | 0.1119 | long leg | $61K | $12K | — | |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1115 | −0.332% | $60K | $140K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1118 | −0.109% | $3.8M | $1.8M | 50x | as long as short |
| Hyperliquid ALGOshort | +0.0101% | 1h | 0.1117 | −0.171% | $3.7M | $2.0M | 5x | |
| Extended ALGO-USD | +0.0104% | 1h | 0.1115 | −0.346% | $4K | $227K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1118 | −0.144% | $494K | $898K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0342% / S −0.0313% | 1h | 0.1116 | −0.327% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0376% | 1h | 0.1116 | −0.250% | $826K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.0977% | 1h | 0.1119 | −0.053% | $161K | $4K | 5x | as long as short |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD
dYdX ALGO-USD