Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Variational Omni against Hyperliquid−0.061%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.061% cheaper against Hyperliquid than usual: you would sell low and buy high, −$6 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 | Hyperliquid ORDI | 4.8702 | 0.0100 | pay 0.0013% / 1h | 54m 48s | $706K | $660K | 3x |
| Short | Variational Omni ORDI | 4.8672 | 0.0100 | get 0.0050% / 4h | 2h 54m | $24K | $56K | — |
Hyperliquid ORDI
Variational Omni ORDIFunding 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
- $0
- Price spread: −0.061% → 0.000%
- −$6.07
- 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
- −$15.07
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 65 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, 65 min ago | 2.46 bp | 17.0 bp −$17 | 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.
ORDI on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8706 | +0.008% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.472% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDIlong | +0.0100% | 1h | 4.8702 | long leg | $706K | $660K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8649 | −0.108% | $6K | $416K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8690 | −0.025% | $10.0M | $32.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8650 | −0.107% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8650 | −0.107% | $5.3M | $17.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8640 | −0.127% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8690 | −0.025% | $7.0M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8630 | −0.148% | $946K | $844K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8660 | −0.086% | $2.9M | $3.4M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8660 | −0.086% | — | $27.3M | — | as long as short |
| Variational Omni ORDIshort | +0.0100% | 4h | 4.8672 | −0.061% | $24K | $56K | — | |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8580 | −0.251% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8640 | −0.127% | $89K | $353K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8669 | −0.068% | $2K | $195K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0121% | 4h | 4.8680 | −0.045% | $612K | $310K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8643 | −0.122% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3062% | 1h | 4.8839 | +0.281% | $72K | $49K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD