Funding you earn now, next payment 23:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h −0.059%
Price spread now: Variational Omni against Hyperliquid−0.113%7-day average +0.006% · 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)−0.241%−$24 on $10k
+Price spread, last 3 days (all we have)+0.157%+$16 · spread now −0.113%, 7d avg +0.006%
=Together, before fees−0.084%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.119% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of +0.006%). If the spread goes back, that is −$12 on $10k: about 2.9 days of funding at the current rate (+$4 a day). Mind the row above: over the last 3 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SAND | 0.04175 | −0.0344 | get 0.0043% / 1h | 24m 21s | $574K | $446K | 5x |
| Short | Variational Omni SAND | 0.04170 | −0.0206 | pay 0.0206% / 8h | 1h 24m | $114K | $4K | — |
Hyperliquid SAND
Variational Omni SANDFunding 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
- $29.04
- Price spread: −0.113% → +0.006%
- −$11.93
- 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
- $8.1
- Costs to cover
- 0.090%
- Break-even
- 5.0 days
Slippage unknown: Hyperliquid: live order book, 55 min ago; Variational Omni: RFQ quote, 60 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, 55 min ago | 1.92 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 60 min ago | 4.79 bp | doesn't fit | 38.3 bp −$383 | doesn't fit | doesn't fit |
SAND on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SANDlong | −0.0344% | 1h | 0.04175 | long leg | $574K | $446K | 5x | |
| Variational Omni SANDshort | −0.0206% | 8h | 0.04170 | −0.113% | $114K | $4K | — | |
| Aster SANDUSDT | −0.0113% | 8h | 0.04176 | +0.027% | $14K | $18K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | −0.0079% | 1h | 0.04181 | +0.156% | $154K | $99K | 25x | as long as short |
| Bitget SANDUSDT | −0.0050% | 8h | 0.04173 | −0.041% | $1.7M | $541K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0044% | 8h | 0.04175 | +0.007% | $2.6M | $373K | 50x | as long as short |
| BloFin SAND-USDT | −0.0041% | 8h | 0.04173 | −0.041% | $323K | $293K | 75x | as long as short |
| Extended SAND-USD | −0.0016% | 1h | 0.04180 | +0.137% | $3K | $194K | 10x | as long as short |
| Binance SANDUSDT | −0.0014% | 8h | 0.04177 | +0.065% | $6.6M | $12.4M | 75x | as long as short |
| MEXC SAND_USDT | −0.0013% | 8h | 0.04177 | +0.055% | $11.7M | $1.7M | 200x | as long as short |
Aster SANDUSDT
Kraken Futures PF_SANDUSD
Bitget SANDUSDT
KuCoin SANDUSDTM
BloFin SAND-USDT
Extended SAND-USD
Binance SANDUSDT
MEXC SAND_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SAND/USDC PERP | +0.0033% | 1h | 0.04129 | −1.095% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDT | +0.0100% | 8h | 0.04173 | −0.041% | $3.4M | $3.3M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04174 | −0.017% | $1.8M | $3.4M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04180 | +0.127% | $464K | $570K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04178 | +0.079% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT