Funding you earn now, next payment 04:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h −0.021%
Price spread now: Variational Omni against Hyperliquid−0.356%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.356% cheaper against Hyperliquid than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MANTA | 0.07145 | 0.0432 | pay 0.0054% / 1h | 56m 31s | $478K | $234K | 3x |
| Short | Variational Omni MANTA | 0.07120 | 0.0100 | get 0.0050% / 4h | 56m 31s | $17K | $3K | — |
Hyperliquid MANTA
Variational Omni MANTAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hyperliquid. 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
- −$69.8
- Price spread: −0.356% → 0.000%
- −$35.63
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$114.44
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 43 min ago; Variational Omni: no order-book sample. 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 Hyperliquid live order book, 43 min ago | 0.70 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
MANTA 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MANTA/USDC PERP | −0.3997% | 1h | 0.07031 | −1.596% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDT | +0.0052% | 4h | 0.07117 | −0.392% | $327K | $23K | 50x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07109 | −0.510% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07136 | −0.126% | $5.6M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07125 | −0.280% | $3.3M | $813K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07118 | −0.378% | $218K | $129K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07134 | −0.154% | $13.7M | $602K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07104 | −0.574% | $237K | $53K | 50x | as long as short |
| Variational Omni MANTAshort | +0.0100% | 4h | 0.07120 | −0.356% | $17K | $3K | — | |
| Bitget MANTAUSDT | +0.0262% | 4h | 0.07125 | −0.280% | $3.2M | $396K | 50x | as long as short |
Injective MANTA/USDC PERP
BloFin MANTA-USDT
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Bitget MANTAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTA-USDT | +0.0268% | 4h | 0.07128 | −0.238% | — | $1.5M | — | as long as short |
| Hyperliquid MANTAlong | +0.0432% | 1h | 0.07145 | long leg | $478K | $234K | 3x |
BingX MANTA-USDT