Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Variational Omni against Hyperliquid−0.514%7-day average −0.153% · 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)−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.881%+$88 · spread now −0.514%, 7d avg −0.153%
=Together, before fees+0.794%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$79 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: Variational Omni is 0.361% cheaper against Hyperliquid than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of −0.153%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04753 | 0.0100 | pay 0.0013% / 1h | 47m 09s | $14.9M | $6.1M | 3x |
| Short | Variational Omni CHIP | 0.04729 | 0.0100 | get 0.0050% / 4h | 1h 47m | $840K | $527K | — |
Hyperliquid CHIP
Variational Omni CHIPFunding 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
- $0
- Price spread: −0.514% → −0.153%
- −$36.08
- 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
- −$45.08
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Variational Omni: RFQ quote, 17 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, 6 min ago | 3.05 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 17 min ago | 4.21 bp | doesn't fit | 204.1 bp −$2,041 | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1862% | 1h | 0.04744 | −0.189% | $21K | $210K | 5x | as long as short |
| Phoenix CHIP | −0.0337% | 1h | 0.04747 | −0.126% | $3K | $130K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0323% | 1h | 0.04733 | −0.421% | $16K | $244K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0303% | 4h | 0.04743 | −0.210% | $10.9M | $8.8M | 20x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0174% | 4h | 0.04740 | −0.274% | $2.0M | $9.5M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04752 | −0.015% | $10K | $24K | 10x | as long as short |
| Aster CHIPUSDT | +0.0026% | 4h | 0.04750 | −0.063% | $45K | $271K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0067% | 4h | 0.04744 | −0.189% | — | $65K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04741 | −0.252% | $88K | $107K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04753 | long leg | $14.9M | $6.1M | 3x |
Backpack CHIP_USDC_PERP
Phoenix CHIP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
Aster CHIPUSDT
BloFin CHIP-USDT
Lighter CHIPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04747 | −0.130% | $14K | $688 | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04738 | −0.311% | $14.3M | $26.3M | 50x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04746 | −0.147% | $700K | $944K | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04739 | −0.295% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin CHIPUSDTM | +0.0100% | 4h | 0.04745 | −0.168% | $1.0M | $1.1M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04743 | −0.210% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04739 | −0.295% | — | $1.9M | — | as long as short |
| Variational Omni CHIPshort | +0.0100% | 4h | 0.04729 | −0.514% | $840K | $527K | — | |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04741 | −0.252% | $683 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04740 | −0.268% | $216K | $1.9M | 5x | as long as short |
| Aftermath Perps CHIPUSD | +0.0329% | 1h | 0.04748 | −0.113% | $83 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0832% | 1h | 0.04788 | +0.743% | $46K | $41K | 50x | as long as short |
| Nado CHIP-PERP | +0.1232% | 1h | 0.04740 | −0.263% | $239K | $19K | 5x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
KuCoin CHIPUSDTM
Bitget CHIPUSDT
BingX CHIP-USDT
SunX CHIP-USDT
Extended CHIP-USD
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX
Nado CHIP-PERP