Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.009%
Price spread now: Variational Omni against Binance−0.110%7-day average −0.036% · 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)+0.009%+$1 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.110%, 7d avg −0.036%
=Together, before fees+0.095%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.074% cheaper against Binance than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of −0.036%). If the spread goes back, that is −$7 on $10k: about 3.9 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.009% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPEUSDT | 93.093 | 0.0036 | pay 0.0018% / 4h | 2h 55m | $378.6M | $902.1M | 75x |
| Short | Variational Omni HYPE | 92.991 | 0.0100 | get 0.0100% / 8h | 6h 55m | $30.4M | $54.3M | — |
Binance HYPEUSDT
Variational Omni HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- $13.36
- Price spread: −0.110% → −0.036%
- −$7.36
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$4
- Costs to cover
- 0.100%
- Break-even
- 9.1 days
Slippage unknown: Binance: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 Binance live order book, 4 min ago | 0.05 bp | 5.2 bp −$5 | 7.5 bp −$75 | 16.4 bp −$1,644 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 1.14 bp | doesn't fit | 9.4 bp −$94 | 22.2 bp −$2,224 | doesn't fit |
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1072% | 1h | 93.061 | −0.034% | $196K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 92.907 | −0.200% | $1.2M | $3.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | −0.0434% | 1h | 93.179 | +0.093% | $337K | $1.1M | 50x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0222% | 1h | 93.049 | −0.047% | $7.8M | $10.6M | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0185% | 1h | 93.379 | +0.308% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0148% | 1h | 92.990 | −0.110% | $702K | $961K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0096% | 1h | 93.025 | −0.073% | $84K | $360K | 20x | as long as short |
| Gate HYPE_USDT | −0.0096% | 4h | 93.082 | −0.012% | $44.0M | $53.5M | 75x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.064 | −0.031% | $3K | $331 | 25x | as long as short |
| Bluefin HYPE-PERP | −0.0058% | 1h | 93.034 | −0.063% | $79K | $173K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
ApeX Omni HYPEUSDT
Backpack HYPE_USDC_PERP
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Gate HYPE_USDT
Hotstuff HYPE-PERP
Bluefin HYPE-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0045% | 4h | 93.018 | −0.080% | $158K | $648K | 20x | as long as short |
| Aster HYPEUSDT | −0.0031% | 4h | 93.108 | +0.016% | $8.9M | $36.2M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.099 | +0.006% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.004 | −0.095% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.080 | −0.014% | $25K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0016% | 4h | 93.107 | +0.015% | — | $54.1M | — | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 93.056 | −0.040% | $319.2M | $281.0M | 75x | as long as short |
| Derive HYPE-PERP | +0.0029% | 1h | 93.024 | −0.074% | $16.2M | $7.6M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.318 | +0.242% | $212K | $1.2M | 10x | as long as short |
| Binance HYPEUSDTlong | +0.0036% | 4h | 93.093 | long leg | $378.6M | $902.1M | 75x | |
| Bullet HYPE-USD | +0.0040% | 1h | 93.057 | −0.038% | $112K | $579K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0040% | 4h | 93.107 | +0.015% | $85.8M | $81.4M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0059% | 4h | 93.202 | +0.117% | $5.0M | $29.7M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0067% | 8h | 93.082 | −0.012% | $114.9M | $313.8M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 93.073 | −0.021% | $396K | $177K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0092% | 8h | 93.146 | +0.057% | $12.6M | $2.7M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.106 | +0.015% | $18.6M | $58.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.133 | +0.043% | $3.0M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.027 | −0.071% | $64K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0098% | 8h | 93.077 | −0.017% | $338K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.030 | −0.067% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.032 | −0.065% | $6.5M | $44.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.144 | +0.055% | $2.03B | $673.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.059 | −0.036% | $10.0M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.086 | −0.007% | $45.9M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.112 | +0.021% | $225.3M | $100.8M | 75x | as long as short |
| Variational Omni HYPEshort | +0.0100% | 8h | 92.991 | −0.110% | $30.4M | $54.3M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.196 | +0.111% | $7.5M | $46.3M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.280 | +0.201% | $666K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.086 | −0.007% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.048 | −0.048% | $473K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.110 | +0.018% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.087 | −0.006% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.250 | +0.169% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.070 | −0.025% | $18.3M | $44.7M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.090 | −0.003% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 92.930 | −0.175% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0145% | 4h | 93.121 | +0.030% | $17.0M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.050 | −0.046% | $2.7M | $6.7M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0252% | 8h | 93.071 | −0.023% | $1.9M | $5.2M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0253% | 1h | 93.020 | −0.078% | $79K | $143K | 15x | as long as short |
| HTX HYPE-USDT | +0.0313% | 4h | 93.271 | +0.191% | $1.5M | $6.1M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0334% / S −0.0158% | 1h | 93.065 | −0.030% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0620% | 1h | 93.192 | +0.107% | $7.4M | $4.7M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0684% | 1h | 93.172 | +0.085% | $20.8M | $29.9M | 50x | as long as short |
Orderly PERP_HYPE_USDC
Aster HYPEUSDT
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
Bullet HYPE-USD
MEXC HYPE_USDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Aevo HYPE-PERP
Phemex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD