Funding you earn now, next payment 02:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.072%
Price spread now: Variational Omni against Hyperliquid−0.627%7-day average −0.128% · 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)−0.134%−$13 on $10k
+Price spread, last 3 days (all we have)+0.697%+$70 · spread now −0.627%, 7d avg −0.128%
=Together, before fees+0.562%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.499% cheaper against Hyperliquid than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of −0.128%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid APT | 0.7769 | 0.0100 | pay 0.0013% / 1h | 53m 06s | $5.6M | $6.0M | 10x |
| Short | Variational Omni APT | 0.7720 | −0.0006 | pay 0.0006% / 8h | 6h 53m | $500K | $331K | — |
Hyperliquid APT
Variational Omni APTFunding 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
- −$22.34
- Price spread: −0.627% → −0.128%
- −$49.92
- 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
- −$81.26
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Variational Omni: RFQ quote, 16 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, 9 min ago | 1.92 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 16 min ago | 3.78 bp | doesn't fit | 24.0 bp −$240 | doesn't fit | doesn't fit |
APT on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni APTshort | −0.0006% | 8h | 0.7720 | −0.627% | $500K | $331K | — | |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7758 | −0.141% | $39K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | −0.0004% | 8h | 0.7758 | −0.142% | $10K | $7K | 10x | as long as short |
| dYdX APT-USD | 0.0000% | 1h | 0.7751 | −0.232% | $54K | $6K | 10x | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.0008% | 1h | 0.7760 | −0.116% | $12K | $418K | 50x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.142% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7759 | −0.129% | $416K | $405K | 10x | as long as short |
| Hyperliquid APTlong | +0.0100% | 1h | 0.7769 | long leg | $5.6M | $6.0M | 10x | |
| Aster APTUSDT | +0.0100% | 8h | 0.7755 | −0.175% | $245K | $596K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7768 | −0.012% | $29.1M | $105.2M | 75x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
dYdX APT-USD
Deribit APT_USDC-PERPETUAL
Injective APT/USDC PERP
Lighter APT
Aster APTUSDT
Binance APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7767 | −0.026% | $28.2M | $37.8M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7771 | +0.026% | $5.8M | $24.9M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7763 | −0.077% | $2.7M | $4.7M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7760 | −0.116% | $28.6M | $15.1M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7756 | −0.167% | $5.4M | $12.3M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7759 | −0.129% | $8.6M | $12.8M | 75x | as long as short |
| BingX APT-USDT | +0.0100% | 8h | 0.7762 | −0.090% | — | $25.6M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7765 | −0.051% | $195K | $380K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7780 | +0.142% | $63K | $574K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7747 | −0.283% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7760 | −0.116% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7752 | −0.219% | $261K | $127K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7755 | −0.185% | $83K | $489K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7756 | −0.162% | $28K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSD | +0.0138% | 1h | 0.7757 | −0.155% | $528K | $642K | 50x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7762 | −0.092% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7761 | −0.103% | $1.5M | $958K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7759 | −0.129% | $204K | $536K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0476% | 1h | 0.7758 | −0.143% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.3536% | 1h | 0.7814 | +0.579% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDT
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
Kraken Futures PF_APTUSD
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD