Funding you earn now, next payment 05:00 UTC+0.0346%/8h= +37.9% APRpaid last 24h +0.072%
Price spread now: Hyperliquid against Variational Omni−0.153%7-day average +0.113% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.112%+$11 on $10k
+Price spread, last 7 days+0.169%+$17 · spread now −0.153%, 7d avg +0.113%
=Together, before fees+0.282%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.267% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of +0.113%). If the spread goes back, that is −$27 on $10k: about 2.6 days of funding at the current rate (+$10 a day). At the pace of the last 4 days (+0.112% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.112% in total (about 11.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni WLD | 0.4568 | 0.0100 | pay 0.0100% / 8h | 3h 34m | $2.1M | $1.6M | — |
| Short | Hyperliquid WLD | 0.4561 | 0.0446 | get 0.0056% / 1h | 34m 10s | $50.1M | $43.4M | 10x |
Variational Omni WLD
Hyperliquid WLDFunding 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
- $72.6
- Price spread: −0.153% → +0.113%
- −$26.67
- 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
- $36.93
- Costs to cover
- 0.090%
- Break-even
- 3.4 days
Slippage unknown: Variational Omni: RFQ quote, 5 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, 5 min ago | 5.48 bp | doesn't fit | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.54 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
WLD on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado WLD-PERP | −0.0029% | 1h | 0.4560 | −0.169% | $242K | $205K | 5x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4570 | +0.042% | $156K | $33K | 10x | as long as short |
| Kalshi KXWLDPERP | 0.0000% | 8h | 0.4561 | −0.147% | $51K | $4.7M | 1.7x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4561 | −0.147% | $124K | $959K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4561 | −0.155% | $66K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0016% | 8h | 0.4554 | −0.300% | $6.9M | $11.8M | 50x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4567 | −0.025% | $209K | $1.1M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4571 | +0.061% | $49K | $524K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4556 | −0.266% | $86.8M | $329.7M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4554 | −0.300% | $65.0M | $90.1M | 50x | as long as short |
Nado WLD-PERP
dYdX WLD-USD
Kalshi KXWLDPERP
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4557 | −0.234% | $34.5M | $151.1M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4555 | −0.278% | $7.3M | $36.4M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4555 | −0.278% | $43.1M | $54.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4554 | −0.300% | $30.1M | $30.3M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4556 | −0.256% | — | $67.6M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4555 | −0.274% | $136K | $302K | 10x | as long as short |
| Variational Omni WLDlong | +0.0100% | 8h | 0.4568 | long leg | $2.1M | $1.6M | — | |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4579 | +0.247% | $27K | $319K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4570 | +0.054% | $604K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4580 | +0.269% | $43K | $237K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4560 | −0.175% | $40K | $2.1M | 10x | as long as short |
| Orderly PERP_WLD_USDC | +0.0100% | 8h | 0.4560 | −0.169% | $28K | $868K | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4565 | −0.059% | $23K | $1.6M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4556 | −0.256% | $201 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4558 | −0.212% | $835K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4557 | −0.234% | $1.8M | $3.6M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4558 | −0.220% | $217K | $984K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4568 | +0.012% | $31K | $600 | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4558 | −0.207% | — | — | 20x | as long as short |
| Injective WLD/USDC PERP | +0.0142% | 1h | 0.4576 | +0.182% | $6K | $185K | 5.5x | as long as short |
| Phoenix WLD | +0.0157% | 1h | 0.4580 | +0.269% | $5K | $52K | 10x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4568 | +0.007% | $4.9M | $893K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4560 | −0.174% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0320% | 1h | 0.4566 | −0.044% | $327 | $55 | 5x | as long as short |
| Hyperliquid WLDshort | +0.0446% | 1h | 0.4561 | −0.153% | $50.1M | $43.4M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0521% | 1h | 0.4559 | −0.186% | $890K | $2.9M | 50x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0560% | 1h | 0.4563 | −0.103% | $267K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0824% | 1h | 0.4563 | −0.105% | $5.1M | $2.6M | 10x | as long as short |
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
Orderly PERP_WLD_USDC
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Reya WLDRUSDPERP
Injective WLD/USDC PERP
Phoenix WLD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Kraken Futures PF_WLDUSD
Coinbase International WLD-PERP-INTX
Lighter WLD