Funding you earn now, next payment 02:00 UTC+0.0225%/8h= +24.7% APRpaid last 24h +0.038%
Price spread now: Hyperliquid against Variational Omni+0.681%7-day average +0.076% · 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)+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)−0.599%−$60 · spread now +0.681%, 7d avg +0.076%
=Together, before fees−0.515%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.606% dearer against Variational Omni than usual: you sell high and buy low: +$61 more if the spread goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BCH | 264.31 | −0.0125 | get 0.0125% / 8h | 6h 52m | $81K | $285K | — |
| Short | Hyperliquid BCH | 266.11 | 0.0100 | get 0.0013% / 1h | 52m 06s | $5.8M | $5.0M | 10x |
Variational Omni BCH
Hyperliquid BCHFunding 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
- $47.31
- Price spread: +0.681% → +0.076%
- $60.56
- 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
- $98.86
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; Hyperliquid: live order book, 10 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 RFQ quote, 17 min ago | 5.97 bp | doesn't fit | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.94 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni BCHUSDT | −0.1211% | 1h | 265.84 | +0.579% | $72K | $214K | 50x | as long as short |
| SoDEX BCH-USD | −0.0454% | 1h | 265.79 | +0.560% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0426% | 8h | 265.81 | +0.568% | $4.9M | $6.5M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0412% | 1h | 265.88 | +0.594% | $449K | $266K | 25x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0299% | 1h | 266.03 | +0.652% | $853K | $3.1M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0243% | 8h | 264.08 | −0.088% | $385K | $17K | 10x | as long as short |
| Gate BCH_USDT | −0.0126% | 8h | 266.01 | +0.644% | $8.4M | $13.2M | 75x | as long as short |
| Variational Omni BCHlong | −0.0125% | 8h | 264.31 | long leg | $81K | $285K | — | |
| Coinbase International BCH-PERP-INTX | −0.0112% | 1h | 265.93 | +0.613% | $236K | $2.1M | 50x | as long as short |
| Extended BCH-USD | −0.0088% | 1h | 265.68 | +0.520% | $112K | $966K | 25x | as long as short |
ApeX Omni BCHUSDT
SoDEX BCH-USD
Phemex BCHUSDT
Deribit BCH_USDC-PERPETUAL
Kraken Futures PF_BCHUSD
GRVT BCH_USDT_Perp
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0087% | 8h | 265.83 | +0.575% | $71.8M | $233.3M | 75x | as long as short |
| MEXC BCH_USDT | −0.0086% | 8h | 266.24 | +0.731% | $69.7M | $6.8M | 200x | as long as short |
| Bybit BCHUSDT | −0.0060% | 8h | 265.90 | +0.602% | $39.1M | $33.4M | 75x | as long as short |
| HTX BCH-USDT | −0.0050% | 8h | 266.02 | +0.647% | $778K | $1.6M | 75x | as long as short |
| SunX BCH-USDT | −0.0048% | 8h | 265.67 | +0.515% | $1K | $1.9M | 30x | as long as short |
| Bitget BCHUSDT | −0.0032% | 8h | 265.91 | +0.606% | $19.1M | $29.9M | 75x | as long as short |
| OKX BCH-USDT-SWAP | −0.0028% | 8h | 265.90 | +0.602% | $25.9M | $76.6M | 50x | as long as short |
| Nado BCH-PERP | −0.0013% | 1h | 265.95 | +0.621% | $435K | $425K | 10x | as long as short |
| BingX BCH-USDT | −0.0012% | 8h | 265.96 | +0.625% | — | $32.3M | — | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.15 | +0.696% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.18 | +0.708% | $1.1M | $11.0M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 266.08 | +0.670% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 265.75 | +0.545% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0033% | 8h | 265.48 | +0.443% | $3.9M | $4.2M | 50x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.229% | $721 | $130K | 12x | as long as short |
| Pacifica BCH | +0.0040% | 1h | 266.00 | +0.640% | $162K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0090% | 8h | 265.97 | +0.628% | $8.6M | $7.6M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 265.81 | +0.570% | $366K | $478K | 10x | as long as short |
| Hyperliquid BCHshort | +0.0100% | 1h | 266.11 | +0.681% | $5.8M | $5.0M | 10x | |
| Aster BCHUSDT | +0.0100% | 8h | 266.02 | +0.646% | $170K | $688K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 265.65 | +0.507% | $19K | $290K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0333% / S −0.0451% | 1h | 266.04 | +0.654% | $25K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Bybit BCHUSDT
HTX BCH-USDT
SunX BCH-USDT
Bitget BCHUSDT
OKX BCH-USDT-SWAP
Nado BCH-PERP
BingX BCH-USDT
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Injective BCH/USDC PERP
Pacifica BCH
KuCoin BCHUSDTM
Lighter BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]