Funding you earn now, next payment 23:00 UTC−0.2673%/8h= −292.7% APRpaid last 24h −0.260%
Price spread now: Variational Omni against Hyperliquid−0.177%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 airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$80 a day on $10k at the current rate, and Variational Omni is 0.177% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APEX | 0.2559 | 0.2773 | pay 0.0347% / 1h | 52m 08s | $2.9M | $117K | 3x |
| Short | Variational Omni APEX | 0.2554 | 0.0100 | get 0.0050% / 4h | 1h 52m | $17K | $4K | — |
Hyperliquid APEX
Variational Omni APEXFunding 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
- −$561.34
- Price spread: −0.177% → 0.000%
- −$17.65
- 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
- −$588
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 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, 9 min ago | 3.90 bp | doesn't fit | 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.
APEX on 8 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 APEX-USDT | +0.0042% | 4h | 0.2555 | −0.149% | $93K | $2K | 25x | as long as short |
| Bybit APEXUSDT | +0.0100% | 4h | 0.2549 | −0.383% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2550 | −0.344% | $600K | $249K | 50x | as long as short |
| BingX APEX-USDT | +0.0100% | 4h | 0.2551 | −0.305% | — | $1.3M | — | as long as short |
| Variational Omni APEXshort | +0.0100% | 4h | 0.2554 | −0.177% | $17K | $4K | — | |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2550 | −0.344% | $136K | $471K | 50x | as long as short |
| Lighter APEX | +0.1968% | 1h | 0.2560 | +0.035% | $54K | $21K | 5x | as long as short |
| Hyperliquid APEXlong | +0.2773% | 1h | 0.2559 | long leg | $2.9M | $117K | 3x |
BloFin APEX-USDT
Bybit APEXUSDT
MEXC APEX_USDT
BingX APEX-USDT
ApeX Omni APEXUSDT
Lighter APEX