Funding you earn now, next payment 05:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Hyperliquid+0.075%7-day average +0.140% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.350%+$35 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now +0.075%, 7d avg +0.140%
=Together, before fees+0.537%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.065% cheaper against Hyperliquid than usual: you would sell low and buy high (spread +0.075% now, against its 7-day average of +0.140%). If the spread goes back, that is −$6 on $10k: about 5.2 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.350% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MINA | 0.1292 | 0.0059 | pay 0.0007% / 1h | 34m 25s | $3.3M | $1.6M | 3x |
| Short | Variational Omni MINA | 0.1293 | 0.0100 | get 0.0050% / 4h | 3h 34m | $418K | $69K | — |
Hyperliquid MINA
Variational Omni MINAFunding 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
- $8.69
- Price spread: +0.075% → +0.140%
- −$6.47
- 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
- −$6.78
- Costs to cover
- 0.090%
- Break-even
- 12.5 days
Slippage unknown: Hyperliquid: live order book, 7 min ago; Variational Omni: RFQ quote, 20 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 Hyperliquid live order book, 7 min ago | 2.69 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 20 min ago | 3.88 bp | doesn't fit | 221.0 bp −$2,210 | doesn't fit | doesn't fit |
MINA 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.0758% | 4h | 0.1294 | +0.155% | $4.4M | $5.3M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0415% | 4h | 0.1292 | +0.062% | $1.8M | $13.9M | 20x | as long as short |
| Gate MINA_USDT | −0.0149% | 8h | 0.1292 | +0.039% | $414K | $742K | 50x | as long as short |
| KuCoin MINAUSDTM | +0.0007% | 8h | 0.1290 | −0.093% | $760K | $496K | 30x | as long as short |
| Bitget MINAUSDT | +0.0041% | 8h | 0.1291 | −0.023% | $1.8M | $3.4M | 50x | as long as short |
| Binance MINAUSDT | +0.0048% | 8h | 0.1293 | +0.070% | $4.3M | $26.9M | 50x | as long as short |
| MEXC MINA_USDT | +0.0053% | 8h | 0.1291 | −0.046% | $1.1M | $1.2M | 50x | as long as short |
| Hyperliquid MINAlong | +0.0059% | 1h | 0.1292 | long leg | $3.3M | $1.6M | 3x | |
| BingX MINA-USDT | +0.0063% | 8h | 0.1293 | +0.085% | — | $2.6M | — | as long as short |
| BloFin MINA-USDT | +0.0071% | 8h | 0.1290 | −0.116% | $245K | $228K | 50x | as long as short |
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
KuCoin MINAUSDTM
Bitget MINAUSDT
Binance MINAUSDT
MEXC MINA_USDT
BingX MINA-USDT
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINAshort | +0.0100% | 4h | 0.1293 | +0.075% | $418K | $69K | — | |
| Kraken Futures PF_MINAUSD | +0.1337% | 1h | 0.1290 | −0.116% | $20K | $69K | 10x | as long as short |
Kraken Futures PF_MINAUSD