Funding you earn now, next payment 23:00 UTC+0.0353%/8h= +38.7% APRpaid last 24h +0.030%
Price spread now: Hyperliquid against Variational Omni+0.546%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hyperliquid is 0.546% dearer against Variational Omni than usual: you sell high and buy low: +$55 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HEMI | 0.006476 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $23K | $4K | — |
| Short | Hyperliquid HEMI | 0.006511 | 0.0453 | get 0.0057% / 1h | 2m 07s | $1.0M | $294K | 3x |
Variational Omni HEMI
Hyperliquid HEMIFunding 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
- $74.19
- Price spread: +0.546% → 0.000%
- $54.63
- 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
- $119.81
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 8 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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 1.54 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HEMI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HEMIUSDT | +0.0100% | 4h | 0.006493 | +0.264% | $75K | $34K | 5x | as long as short |
| Binance HEMIUSDT | +0.0100% | 4h | 0.006505 | +0.459% | $6.4M | $10.3M | 20x | as long as short |
| Bybit HEMIUSDT | +0.0100% | 4h | 0.006493 | +0.268% | $1.7M | $1.4M | 25x | as long as short |
| Gate HEMI_USDT | +0.0100% | 4h | 0.006508 | +0.500% | $497K | $233K | 20x | as long as short |
| MEXC HEMI_USDT | +0.0100% | 4h | 0.006504 | +0.438% | $1.7M | $287K | 50x | as long as short |
| KuCoin HEMIUSDTM | +0.0100% | 4h | 0.006505 | +0.454% | $830K | $1.7M | 20x | as long as short |
| BingX HEMI-USDT | +0.0100% | 4h | 0.006503 | +0.423% | — | $1.3M | — | as long as short |
| Variational Omni HEMIlong | +0.0100% | 4h | 0.006476 | long leg | $23K | $4K | — | |
| SunX HEMI-USDT | +0.0100% | 4h | 0.006651 | +2.708% | $2K | $1.1M | 20x | as long as short |
| Extended HEMI-USD | +0.0104% | 1h | 0.006502 | +0.413% | $17K | $516 | 5x | as long as short |
Aster HEMIUSDT
Binance HEMIUSDT
Bybit HEMIUSDT
Gate HEMI_USDT
MEXC HEMI_USDT
KuCoin HEMIUSDTM
BingX HEMI-USDT
SunX HEMI-USDT
Extended HEMI-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin HEMI-USDT | +0.0142% | 4h | 0.006496 | +0.315% | $349K | $66K | 20x | as long as short |
| Hyperliquid HEMIshort | +0.0453% | 1h | 0.006511 | +0.546% | $1.0M | $294K | 3x |
BloFin HEMI-USDT