Funding you earn now, next payment 02:00 UTC+0.0625%/8h= +68.4% APRpaid last 24h +0.188%
Price spread now: Hyperliquid against Variational Omni+0.228%7-day average +0.200% · 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)+0.293%+$29 on $10k
+Price spread, last 3 days (all we have)−0.362%−$36 · spread now +0.228%, 7d avg +0.200%
=Together, before fees−0.070%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Hyperliquid is 0.028% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.200%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni STX | 0.3343 | −0.0372 | get 0.0372% / 8h | 6h 51m | $771K | $289K | — |
| Short | Hyperliquid STX | 0.3351 | 0.0253 | get 0.0032% / 1h | 51m 24s | $1.5M | $783K | 5x |
Variational Omni STX
Hyperliquid STXFunding 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
- $131.26
- Price spread: +0.228% → +0.200%
- $2.79
- 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
- $125.05
- Costs to cover
- 0.090%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: RFQ quote, 18 min ago; Hyperliquid: live order book, 9 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, 18 min ago | 7.33 bp | doesn't fit | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.96 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
STX on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STXUSD | −0.1126% | 1h | 0.3350 | +0.208% | $70K | $126K | 20x | as long as short |
| Variational Omni STXlong | −0.0372% | 8h | 0.3343 | long leg | $771K | $289K | — | |
| ApeX Omni STXUSDT | −0.0316% | 1h | 0.3348 | +0.135% | $49K | $686K | 50x | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3346 | +0.083% | — | — | 150x | as long as short |
| Bitget STXUSDT | +0.0029% | 8h | 0.3344 | +0.015% | $4.6M | $2.0M | 50x | as long as short |
| Injective STX/USDC PERP | +0.0033% | 1h | 0.3463 | +3.575% | $4K | $264K | 12x | as long as short |
| Aster STXUSDT | +0.0100% | 8h | 0.3346 | +0.085% | $125K | $58K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3348 | +0.123% | $7.7M | $18.7M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3343 | −0.008% | $8.5M | $6.9M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3346 | +0.075% | $2.3M | $5.6M | 20x | as long as short |
Kraken Futures PF_STXUSD
ApeX Omni STXUSDT
gTrade (Gains Network) STX/USD
Bitget STXUSDT
Injective STX/USDC PERP
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3344 | +0.015% | $585K | $339K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3347 | +0.105% | $6.0M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3346 | +0.075% | $2.4M | $1.7M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3345 | +0.045% | — | $13.6M | — | as long as short |
| BloFin STX-USDT | +0.0101% | 8h | 0.3353 | +0.285% | $417K | $217K | 20x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3345 | +0.060% | $176K | $612K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0188% / S −0.0263% | 1h | 0.3346 | +0.061% | $4K | — | 100x | as long as short |
| Hyperliquid STXshort | +0.0253% | 1h | 0.3351 | +0.228% | $1.5M | $783K | 5x |
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
BingX STX-USDT
BloFin STX-USDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]