Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Variational Omni+0.403%7-day average +0.078% · 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)+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.508%−$51 · spread now +0.403%, 7d avg +0.078%
=Together, before fees−0.500%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$50 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 0.326% dearer against Variational Omni than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.8754 | 0.0100 | pay 0.0100% / 8h | 1h 24m | $126K | $2K | — |
| Short | Hyperliquid ETC | 8.9112 | 0.0100 | get 0.0013% / 1h | 24m 42s | $2.3M | $425K | 5x |
Variational Omni ETC
Hyperliquid ETCFunding 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: +0.403% → +0.078%
- $32.57
- 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
- $23.57
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; Hyperliquid: live order book, 6 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, 59 min ago | 3.27 bp | doesn't fit | 45.2 bp −$452 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 2.75 bp | 16.7 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
ETC on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0215% | 1h | 8.8958 | +0.230% | $2.0M | $677K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.8914 | +0.181% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8898 | +0.162% | $504 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8897 | +0.162% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −0.004% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETCshort | +0.0100% | 1h | 8.9112 | +0.403% | $2.3M | $425K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.8942 | +0.211% | $995K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8987 | +0.262% | $26.6M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8890 | +0.153% | $13.1M | $7.4M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8900 | +0.165% | $8.8M | $16.5M | 50x | as long as short |
Kraken Futures PF_ETCUSD
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8890 | +0.153% | $3.6M | $2.4M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8990 | +0.266% | $7.5M | $32.3M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8930 | +0.198% | $2.9M | $731K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8964 | +0.237% | $9.8M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.8930 | +0.198% | — | $20.6M | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.8754 | long leg | $126K | $2K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8890 | +0.153% | $120 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8845 | +0.103% | $133K | $267K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8890 | +0.153% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8973 | +0.246% | $11K | $191K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.8880 | +0.142% | $1.5M | $219K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0536% | 1h | 8.9980 | +1.381% | $36K | $13K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX