Funding you earn now, next payment 03:00 UTC+0.0048%/8h= +5.2% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against Variational Omni+0.216%7-day average +0.102% · 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)+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.679%−$68 · spread now +0.216%, 7d avg +0.102%
=Together, before fees−0.669%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.114% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TIA | 0.4447 | 0.0052 | pay 0.0026% / 4h | 1h 19m | $104K | $85K | — |
| Short | Hyperliquid TIA | 0.4456 | 0.0100 | get 0.0013% / 1h | 19m 58s | $4.8M | $1.6M | 5x |
Funding 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
- $10.04
- Price spread: +0.216% → +0.102%
- $11.44
- 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
- $12.48
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 54 min ago; Hyperliquid: live order book, 2 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, 54 min ago | 4.55 bp | doesn't fit | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 0.56 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
TIA on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TIAUSDT | −0.0008% | 4h | 0.4445 | −0.038% | $9.7M | $13.5M | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4451 | +0.097% | $31K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4451 | +0.097% | $1K | — | 150x | as long as short |
| KuCoin TIAUSDTM | +0.0016% | 4h | 0.4446 | −0.015% | $4.3M | $9.0M | 50x | as long as short |
| Variational Omni TIAlong | +0.0052% | 4h | 0.4447 | long leg | $104K | $85K | — | |
| Kraken Futures PF_TIAUSD | +0.0074% | 1h | 0.4452 | +0.116% | $364K | $205K | 50x | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4456 | +0.207% | $157K | $416K | 10x | as long as short |
| ApeX Omni TIAUSDT | +0.0098% | 1h | 0.4447 | +0.007% | $50K | $231K | 50x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4456 | +0.216% | $4.8M | $1.6M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4450 | +0.072% | $33K | $246K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance TIAUSDT | +0.0100% | 4h | 0.4449 | +0.053% | $14.6M | $42.8M | 75x | as long as short |
| OKX TIA-USDT-SWAP | +0.0100% | 4h | 0.4447 | +0.007% | $2.8M | $6.2M | 50x | as long as short |
| Gate TIA_USDT | +0.0100% | 4h | 0.4451 | +0.097% | $1.0M | $1.8M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4450 | +0.075% | $12.3M | $6.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4450 | +0.075% | $4.5M | $3.4M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4448 | +0.030% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4450 | +0.079% | $103K | $155K | 10x | as long as short |
| Orderly PERP_TIA_USDC | +0.0100% | 4h | 0.4449 | +0.052% | $5K | $316K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4454 | +0.165% | $59K | $74K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4445 | −0.029% | $56K | $213K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4449 | +0.052% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0180% | 1h | 0.4447 | 0.000% | $6K | — | 15x | as long as short |
| dYdX TIA-USD | +0.0220% | 1h | 0.4452 | +0.122% | $53K | $199 | 10x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4454 | +0.165% | $1.5M | $723K | 75x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0376% | 1h | 0.4460 | +0.300% | $52K | $77K | 50x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0496% / S −0.1196% | 1h | 0.4450 | +0.086% | $41K | — | 100x | as long as short |
| Injective TIA/USDC PERP | +0.0496% | 1h | 0.4457 | +0.232% | $26K | $10K | 12x | as long as short |
Variational Omni TIA
Hyperliquid TIA
Bybit TIAUSDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
KuCoin TIAUSDTM
Kraken Futures PF_TIAUSD
Lighter TIA
ApeX Omni TIAUSDT
Aster TIAUSDT
Binance TIAUSDT
OKX TIA-USDT-SWAP
Gate TIA_USDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
BloFin TIA-USDT
Coinbase International TIA-PERP-INTX
GMX TIA/USD [ETH-USDC]
Injective TIA/USDC PERP