Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%
Price spread now: Hyperliquid against Variational Omni+0.678%7-day average +0.176% · 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)+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)−1.159%−$116 · spread now +0.678%, 7d avg +0.176%
=Together, before fees−0.997%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$100 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 0.503% dearer against Variational Omni than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of +0.176%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FIL | 1.0031 | 0.0100 | pay 0.0100% / 8h | 5h 22m | $451K | $265K | — |
| Short | Hyperliquid FIL | 1.0099 | 0.0100 | get 0.0013% / 1h | 22m 36s | $8.7M | $9.4M | 5x |
Variational Omni FIL
Hyperliquid FILFunding 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: +0.678% → +0.176%
- $50.28
- 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
- $41.28
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 41 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, 41 min ago | 3.24 bp | doesn't fit | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.50 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0090 | +0.589% | $381K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0126% | 1h | 1.0097 | +0.660% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0060% | 8h | 1.0097 | +0.659% | $19.1M | $101.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0024% | 8h | 1.0102 | +0.708% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0096 | +0.654% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0102 | +0.713% | $59K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 1.0100 | +0.688% | $174K | $23K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.754% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0064% | 1h | 1.0094 | +0.632% | $712K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0068% | 8h | 1.0099 | +0.681% | $58.9M | $178.4M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Extended FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0086% | 8h | 1.0093 | +0.619% | $245K | $104K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0098 | +0.673% | $160K | $353K | 5x | as long as short |
| Hyperliquid FILshort | +0.0100% | 1h | 1.0099 | +0.678% | $8.7M | $9.4M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 1.0105 | +0.743% | $513K | $577K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0097 | +0.659% | $15.9M | $19.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0096 | +0.649% | $8.6M | $16.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0095 | +0.639% | $11.0M | $19.8M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 1.0096 | +0.649% | — | $6.5M | — | as long as short |
| Variational Omni FILlong | +0.0100% | 8h | 1.0031 | long leg | $451K | $265K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 1.0046 | +0.148% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0016 | −0.152% | $297K | $888K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0050 | +0.190% | $30K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0108 | +0.764% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0080 | +0.489% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0092 | +0.609% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0092 | +0.609% | $634K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0090 | +0.589% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0186% | 8h | 1.0092 | +0.609% | $2.8M | $644K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0577% / S −0.0237% | 1h | 1.0097 | +0.656% | $269K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDC
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]