Funding you earn now, next payment 23:00 UTC−0.0486%/8h= −53.3% APRpaid last 24h −0.077%
Price spread now: Variational Omni against Hyperliquid−0.471%7-day average −0.116% · 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)−0.187%−$19 on $10k
+Price spread, last 7 days+0.349%+$35 · spread now −0.471%, 7d avg −0.116%
=Together, before fees+0.161%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Variational Omni is 0.355% cheaper against Hyperliquid than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.116%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.9836 | 0.0457 | pay 0.0057% / 1h | 2m 46s | $98.9M | $59.4M | 10x |
| Short | Variational Omni UNI | 8.9413 | −0.0030 | pay 0.0030% / 8h | 1h 02m | $4.0M | $4.6M | — |
Funding 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
- −$102.16
- Price spread: −0.471% → −0.116%
- −$35.5
- 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
- −$146.65
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Variational Omni: RFQ quote, 1 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, 11 min ago | 0.06 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.26 bp | doesn't fit | 12.7 bp −$127 | doesn't fit | doesn't fit |
UNI on 40 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 UNIshort | −0.0030% | 8h | 8.9413 | −0.471% | $4.0M | $4.6M | — | |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9514 | −0.359% | $62K | — | 150x | as long as short |
| Bybit UNIUSDT | +0.0022% | 8h | 8.9650 | −0.207% | $102.4M | $105.0M | 75x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.710% | $660 | $155K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0061% | 8h | 8.9670 | −0.185% | $55.3M | $248.0M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0088% | 1h | 8.9498 | −0.376% | $447 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9542 | −0.327% | $26K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9540 | −0.329% | $948K | $4.1M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9624 | −0.236% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9587 | −0.277% | $298K | $584K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.9630 | −0.229% | $220.6M | $592.0M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9650 | −0.207% | $276K | $621K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9640 | −0.218% | $23.1M | $59.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9660 | −0.196% | $43.2M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9620 | −0.240% | $13.6M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9650 | −0.207% | $32.5M | $41.4M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9630 | −0.229% | — | $51.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9500 | −0.374% | $994K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9590 | −0.274% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9616 | −0.245% | $628K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9370 | −0.519% | $88K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9660 | −0.196% | $107K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9508 | −0.365% | $87K | $356K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9500 | −0.374% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9542 | −0.327% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9510 | −0.363% | $25K | $663K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9654 | −0.203% | $733K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9530 | −0.341% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9575 | −0.290% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9654 | −0.203% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0115% | 1h | 8.9560 | −0.307% | $248K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0116% | 1h | 8.9544 | −0.325% | $569K | $157K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9480 | −0.396% | $9.9M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.9580 | −0.285% | $1.1M | $5.3M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0338% | 1h | 8.9595 | −0.268% | $5.0M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0363% | 1h | 8.9485 | −0.391% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.9506 | −0.367% | $562K | — | 120x | as long as short |
| Hyperliquid UNIlong | +0.0457% | 1h | 8.9836 | long leg | $98.9M | $59.4M | 10x | |
| Lighter UNI | +0.0672% | 1h | 8.9882 | +0.051% | $4.6M | $5.2M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0674% | 1h | 8.9510 | −0.363% | $1K | $49K | 10x | as long as short |
Hyperliquid UNI
Variational Omni UNI
gTrade (Gains Network) UNI/USD
Bybit UNIUSDT
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Lighter UNI
Aftermath Perps UNIUSD