Funding arb · Price arb /

HYPER

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Variational Omni+0.073%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

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 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.073% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it 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 HYPER	0.07425	0.0100	pay 0.0050% / 4h	1h 24m	$7K	$1K	—
Short	MEXC HYPER_USDT	0.07430	0.0100	get 0.0050% / 4h	1h 24m	$255K	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → 0.000%: $7.31
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: $3.31
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 49 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 MEXC live order book, 49 min ago	0.67 bp	9.2 bp −$9	68.5 bp −$685	217.3 bp −$21.7K	541.8 bp −$270.9K

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.

HYPER on 10 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
KuCoin HYPERUSDTM	−0.0138%	4h	0.07410	−0.196%	$127K	$93K	30x	as long as short
Gate HYPER_USDT	−0.0002%	4h	0.07420	−0.062%	$90K	$46K	50x	as long as short
BloFin HYPER-USDT	+0.0051%	4h	0.07417	−0.102%	$189K	$22K	50x	as long as short
Hyperliquid HYPER	+0.0100%	1h	0.07429	+0.053%	$72K	$119K	3x	as long as short
Aster HYPERUSDT	+0.0100%	4h	0.07433	+0.113%	$20K	$4K	5x	as long as short
Binance HYPERUSDT	+0.0100%	4h	0.07431	+0.090%	$2.0M	$2.1M	50x	as long as short
Bybit HYPERUSDT	+0.0100%	4h	0.07431	+0.087%	$1.2M	$699K	25x	as long as short
MEXC HYPER_USDTshort	+0.0100%	4h	0.07430	+0.073%	$255K	$130K	20x
Bitget HYPERUSDT	+0.0100%	4h	0.07431	+0.087%	$310K	$259K	50x	as long as short
Variational Omni HYPERlong	+0.0100%	4h	0.07425	long leg	$7K	$1K	—