Funding you earn now, next payment 23:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.059%
Price spread now: Hyperliquid against Variational Omni+0.076%7-day average −0.006% · 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)+0.241%+$24 on $10k
+Price spread, last 3 days (all we have)−0.120%−$12 · spread now +0.076%, 7d avg −0.006%
=Together, before fees+0.121%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.082% dearer against Variational Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SAND | 0.04173 | −0.0189 | get 0.0189% / 8h | 1h 02m | $114K | $4K | — |
| Short | Hyperliquid SAND | 0.04176 | −0.0182 | pay 0.0023% / 1h | 2m 49s | $575K | $448K | 5x |
Variational Omni SAND
Hyperliquid SANDFunding 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
- $1.33
- Price spread: +0.076% → −0.006%
- $8.21
- 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
- $0.54
- Costs to cover
- 0.090%
- Break-even
- 4.2 days
Slippage unknown: Variational Omni: RFQ quote, 16 min ago; Hyperliquid: live order book, 7 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 RFQ quote, 16 min ago | 6.00 bp | doesn't fit | 46.8 bp −$468 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.56 bp | 36.2 bp −$36 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SANDlong | −0.0189% | 8h | 0.04173 | long leg | $114K | $4K | — | |
| Hyperliquid SANDshort | −0.0182% | 1h | 0.04176 | +0.076% | $575K | $448K | 5x | |
| Aster SANDUSDT | −0.0084% | 8h | 0.04184 | +0.272% | $14K | $18K | 10x | as long as short |
| Kraken Futures PF_SANDUSD | −0.0079% | 1h | 0.04183 | +0.231% | $154K | $104K | 25x | as long as short |
| Bitget SANDUSDT | −0.0026% | 8h | 0.04174 | +0.025% | $1.7M | $540K | 10x | as long as short |
| KuCoin SANDUSDTM | −0.0021% | 8h | 0.04176 | +0.073% | $2.6M | $383K | 50x | as long as short |
| MEXC SAND_USDT | +0.0018% | 8h | 0.04181 | +0.193% | $11.7M | $1.7M | 200x | as long as short |
| Binance SANDUSDT | +0.0022% | 8h | 0.04181 | +0.193% | $6.6M | $12.4M | 75x | as long as short |
| Extended SAND-USD | +0.0024% | 1h | 0.04180 | +0.172% | $3K | $194K | 10x | as long as short |
| BloFin SAND-USDT | +0.0033% | 8h | 0.04177 | +0.097% | $322K | $293K | 75x | as long as short |
Aster SANDUSDT
Kraken Futures PF_SANDUSD
Bitget SANDUSDT
KuCoin SANDUSDTM
MEXC SAND_USDT
Binance SANDUSDT
Extended SAND-USD
BloFin 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 | −1.053% | $757 | $795 | 5.5x | as long as short |
| Bybit SANDUSDT | +0.0100% | 8h | 0.04177 | +0.097% | $3.4M | $3.3M | 75x | as long as short |
| OKX SAND-USDT-SWAP | +0.0100% | 8h | 0.04179 | +0.145% | $1.8M | $3.4M | 50x | as long as short |
| Gate SAND_USDT | +0.0100% | 8h | 0.04184 | +0.265% | $464K | $571K | 75x | as long as short |
| BingX SAND-USDT | +0.0100% | 8h | 0.04182 | +0.217% | — | $2.4M | — | as long as short |
Injective SAND/USDC PERP
Bybit SANDUSDT
OKX SAND-USDT-SWAP
Gate SAND_USDT
BingX SAND-USDT