Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.037%
Price spread now: Hyperliquid against Variational Omni+0.187%7-day average +0.109% · 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)+0.045%+$4 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now +0.187%, 7d avg +0.109%
=Together, before fees+0.045%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.078% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XLM | 0.2129 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $206K | $1.1M | — |
| Short | Hyperliquid XLM | 0.2132 | 0.0192 | get 0.0024% / 1h | 39m 59s | $11.9M | $5.8M | 5x |
Variational Omni XLM
Hyperliquid XLMFunding 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
- $19.32
- Price spread: +0.187% → +0.109%
- $7.8
- 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
- $18.12
- Costs to cover
- 0.090%
- Break-even
- 0.4 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Hyperliquid: live order book, 3 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, 4 min ago | 7.06 bp | doesn't fit | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.70 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2127 | −0.094% | $23K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2128 | −0.033% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2129 | +0.018% | $584K | $791K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2130 | +0.057% | $54.9M | $144.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2129 | +0.037% | $43.3M | $40.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2128 | −0.043% | $12.9M | $40.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2130 | +0.056% | $3.9M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2130 | +0.065% | $25.2M | $25.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2128 | −0.005% | $14.3M | $10.3M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2127 | −0.057% | $25.6M | $17.8M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2130 | +0.089% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2131 | +0.098% | $102K | $223K | 20x | as long as short |
| Variational Omni XLMlong | +0.0100% | 8h | 0.2129 | long leg | $206K | $1.1M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2127 | −0.089% | $11K | $299K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2126 | −0.139% | $589K | $607K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2125 | −0.165% | $170K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2128 | −0.024% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.193% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2128 | −0.005% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2129 | +0.023% | $199K | $267K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2130 | +0.061% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2127 | −0.088% | $192K | $1.6M | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2128 | −0.010% | $5K | $43K | 5x | as long as short |
| Hyperliquid XLMshort | +0.0192% | 1h | 0.2132 | +0.187% | $11.9M | $5.8M | 5x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2129 | +0.042% | $2.3M | $6.2M | 75x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2130 | +0.070% | $477 | $125K | 12x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0312% / S −0.0166% | 1h | 0.2127 | −0.051% | $44K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2131 | +0.112% | $228K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0554% | 1h | 0.2130 | +0.065% | $2.5M | $2.6M | 50x | as long as short |
| Lighter XLM | +0.0568% | 1h | 0.2134 | +0.234% | $425K | $786K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0596% | 1h | 0.2130 | +0.061% | $529K | $168K | 25x | as long as short |
BingX XLM-USDC
Backpack XLM_USDC_PERP
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
BloFin XLM-USDT
Injective XLM/USDC PERP
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Lighter XLM
Deribit XLM_USDC-PERPETUAL