Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.046%
Price spread now: Hyperliquid against Variational Omni+0.334%7-day average +0.181% · 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)+0.115%+$11 on $10k
+Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.334%, 7d avg +0.181%
=Together, before fees+0.077%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.154% dearer against Variational Omni than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.181%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CC | 0.1150 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $572K | $43K | — |
| Short | Hyperliquid CC | 0.1154 | 0.0100 | get 0.0013% / 1h | 50m 06s | $5.4M | $1.3M | 3x |
Variational Omni CC
Hyperliquid CCFunding 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
- Price spread: +0.334% → +0.181%
- $15.37
- 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
- $6.37
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 34 min ago; Hyperliquid: live order book, 2 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, 34 min ago | 8.61 bp | doesn't fit | 490.5 bp −$4,905 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 0.43 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3951% | 1h | 0.1144 | −0.552% | $6K | $97 | 5.5x | as long as short |
| Gate CC_USDT | −0.0022% | 4h | 0.1151 | +0.030% | $357K | $208K | 50x | as long as short |
| MEXC CC_USDT | +0.0080% | 4h | 0.1152 | +0.143% | $1.7M | $298K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0086% | 8h | 0.1152 | +0.146% | $1K | — | 5x | as long as short |
| Bybit CCUSDT | +0.0090% | 4h | 0.1152 | +0.135% | $10.4M | $3.7M | 25x | as long as short |
| Hyperliquid CCshort | +0.0100% | 1h | 0.1154 | +0.334% | $5.4M | $1.3M | 3x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1152 | +0.161% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1153 | +0.187% | $10.9M | $11.0M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1153 | +0.230% | $2.5M | $3.3M | 20x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1153 | +0.204% | $487K | $114K | 50x | as long as short |
Injective CC/USDC PERP
Gate CC_USDT
MEXC CC_USDT
Paradex CC-USD-PERP
Bybit CCUSDT
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1153 | +0.265% | $924K | $787K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1153 | +0.195% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1152 | +0.178% | $16K | $22K | 10x | as long as short |
| Variational Omni CClong | +0.0100% | 4h | 0.1150 | long leg | $572K | $43K | — | |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1156 | +0.481% | $85K | $2.2M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1151 | +0.035% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1150 | −0.013% | $583K | $103K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0439% / S −0.0239% | 1h | 0.1153 | +0.202% | $43K | — | 50x | as long as short |
| Lighter CC | +0.1408% | 1h | 0.1157 | +0.569% | $233K | $150K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC