Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.05265−0.0089get 0.0011% / 1h18m 20s$1.6M$468K3xLong Hyperliquid4% off
SHORT0.05256+0.0100get 0.0050% / 4h18m 20s$125K$40150xShort Variational Omni+15% pts
Price gap−0.172%
Funding gap+0.0189% /8h

Funding pays +$6 a day on $10k, but the gap is 0.199% under its 7d average: −$20 if it goes back, about 3.5 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$43+0.0189% /8h now · paid +0.435% over the last 7D
Price−$20spread −0.172% now, avg +0.027% → −0.199% if it goes back
Costs−$4964.961% of $10k · taker + slippage, in and out
Result−$473−4.73%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.172%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MINA on 12 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size27.6 / 205.2 bp
    At $10k entering Variational Omni costs 205.2 bp, fee and slippage, 7.4× Hyperliquid’s.
  • Note: Margin at max leverage$3,333 + $200
    Hyperliquid 3x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$5.67Long Hyperliquid: 24 payments, +$2.67; short Variational Omni: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.172% vs +0.027%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$125K vs $1.6M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legHyperliquid Season 2 · Variational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legHyperliquid No · Variational Omni No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0207%/8h × 21 periods+$43.48
Price spread−0.172% → +0.027% (7d avg)−$19.93
Slippage, 4 orderslive order books−$487.13
Fee Hyperliquid bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$472.58
Costs to cover4.961%Break-even83.1 days
Slippage: Hyperliquid: live order book, 3 min ago; Variational Omni: RFQ quote, 26 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGHyperliquid3.4227.6 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni6.71205.2 bp−$205397.9 bp−$3,979doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert