Funding you earn now, next payment 02:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.027%
Price spread now: Hyperliquid against Variational Omni+0.717%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.717% dearer against Variational Omni than usual: you sell high and buy low: +$72 more if the spread 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 ALT | 0.007486 | 0.0069 | pay 0.0034% / 4h | 2h 51m | $5K | $13K | — |
| Short | Hyperliquid ALT | 0.007540 | 0.0100 | get 0.0013% / 1h | 51m 46s | $1.1M | $185K | 3x |
Variational Omni ALT
Hyperliquid ALTFunding 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
- $6.56
- Price spread: +0.717% → 0.000%
- $71.68
- 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
- $69.23
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 9 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, 9 min ago | 5.98 bp | 20.2 bp −$20 | 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ALT-USDT | +0.0041% | 4h | 0.007512 | +0.343% | $172K | $10K | 50x | as long as short |
| Variational Omni ALTlong | +0.0069% | 4h | 0.007486 | long leg | $5K | $13K | — | |
| Hyperliquid ALTshort | +0.0100% | 1h | 0.007540 | +0.717% | $1.1M | $185K | 3x | |
| Binance ALTUSDT | +0.0100% | 4h | 0.007548 | +0.824% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007545 | +0.784% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007534 | +0.637% | $52K | $396K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007546 | +0.797% | $416K | $182K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007541 | +0.730% | $149K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007532 | +0.610% | $597K | $114K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007545 | +0.784% | — | $1.3M | — | as long as short |
BloFin ALT-USDT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | +0.0148% | 1h | 0.007549 | +0.837% | — | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSD | +0.0209% | 1h | 0.007549 | +0.837% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0432% | 1h | 0.007598 | +1.492% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007604 | +1.572% | $827 | $4K | 5.5x | as long as short |
Deribit ALT_USDC-PERPETUAL
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP