Funding you earn now, next payment 04:00 UTC+0.1096%/8h= +120.0% APRpaid last 24h +0.006%
Price spread now: Hyperliquid against Variational Omni+0.054%7-day average +0.387% · 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)+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.054%, 7d avg +0.387%
=Together, before fees+0.106%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.333% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.387%). If the spread goes back, that is −$33 on $10k: about 24 hours of funding at the current rate (+$33 a day). At the pace of the last 3 days (+0.034% in total) that is about 34 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.034% in total (about 3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IMX | 0.1506 | −0.0681 | get 0.0341% / 4h | 57m 49s | $94K | $131K | — |
| Short | Hyperliquid IMX | 0.1507 | 0.0415 | get 0.0052% / 1h | 57m 49s | $3.5M | $288K | 5x |
Variational Omni IMX
Hyperliquid IMXFunding 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
- $230.13
- Price spread: +0.054% → +0.387%
- −$33.33
- 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
- $187.8
- Costs to cover
- 0.090%
- Break-even
- 1.3 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Hyperliquid: live order book, 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 Variational Omni RFQ quote, 1 min ago | 9.96 bp | doesn't fit | 116.2 bp −$1,162 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.99 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
IMX on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IMXlong | −0.0681% | 4h | 0.1506 | long leg | $94K | $131K | — | |
| dYdX IMX-USD | 0.0000% | 1h | 0.1506 | 0.000% | $26K | $2K | 5x | as long as short |
| gTrade (Gains Network) IMX/USD | L +0.0001% / S +0.0004% | 1h | 0.1508 | +0.133% | $2K | — | 150x | as long as short |
| OKX IMX-USDT-SWAP | +0.0017% | 4h | 0.1502 | −0.212% | $943K | $1.6M | 20x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +0.618% | $559 | $28K | 5.5x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1502 | −0.278% | $3.6M | $5.7M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1499 | −0.438% | $3.8M | $2.2M | 75x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1503 | −0.179% | $644K | $81K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1504 | −0.112% | $2.6M | $570K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1507 | +0.087% | $375K | $161K | 50x | as long as short |
dYdX IMX-USD
gTrade (Gains Network) IMX/USD
OKX IMX-USDT-SWAP
Injective IMX/USDC PERP
Binance IMXUSDT
Bybit IMXUSDT
Gate IMX_USDT
MEXC IMX_USDT
KuCoin IMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IMXUSDT | +0.0100% | 4h | 0.1503 | −0.179% | $1.3M | $400K | 75x | as long as short |
| BingX IMX-USDT | +0.0100% | 4h | 0.1505 | −0.046% | — | $2.9M | — | as long as short |
| BloFin IMX-USDT | +0.0340% | 4h | 0.1509 | +0.220% | $191K | $124K | 75x | as long as short |
| Hyperliquid IMXshort | +0.0415% | 1h | 0.1507 | +0.054% | $3.5M | $288K | 5x | |
| Kraken Futures PF_IMXUSD | +0.1077% | 1h | 0.1512 | +0.389% | $115K | $10K | 20x | as long as short |
Bitget IMXUSDT
BingX IMX-USDT
BloFin IMX-USDT
Kraken Futures PF_IMXUSD