Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Hyperliquid against Variational Omni+0.246%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.246% dearer against Variational Omni than usual: you sell high and buy low, +$25 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 | Variational Omni ORDI | 4.8672 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $24K | $56K | — |
| Short | Hyperliquid ORDI | 4.8792 | 0.0100 | get 0.0013% / 1h | 56m 00s | $705K | $652K | 3x |
Variational Omni ORDI
Hyperliquid ORDIFunding 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
- $0
- Price spread: +0.246% → 0.000%
- $24.56
- 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
- $15.56
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 64 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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 64 min ago | 2.46 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
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 | 4.8722 | +0.101% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.415% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDIshort | +0.0100% | 1h | 4.8792 | +0.246% | $705K | $652K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8710 | +0.078% | $6K | $416K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8778 | +0.217% | $10.0M | $32.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8740 | +0.139% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8760 | +0.180% | $5.3M | $17.0M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8730 | +0.118% | $1.2M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8770 | +0.200% | $7.0M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8725 | +0.108% | $937K | $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 | 4.8750 | +0.159% | $2.8M | $3.3M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8800 | +0.262% | — | $2.3M | — | as long as short |
| Variational Omni ORDIlong | +0.0100% | 4h | 4.8672 | long leg | $24K | $56K | — | |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8610 | −0.128% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8580 | −0.190% | $88K | $353K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8757 | +0.173% | $2K | $195K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0147% | 4h | 4.8980 | +0.632% | $617K | $312K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8681 | +0.018% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3062% | 1h | 4.8849 | +0.363% | $65K | $40K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD