Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: Variational Omni against Hyperliquid−0.563%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.563% cheaper against Hyperliquid than usual: you would sell low and buy high, −$56 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZK | 0.01174 | 0.0100 | pay 0.0013% / 1h | 1m 10s | $596K | $237K | 5x |
| Short | Variational Omni ZK | 0.01167 | 0.0100 | get 0.0050% / 4h | 1h 01m | $57K | $15K | — |
Hyperliquid ZK
Variational Omni ZKFunding 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
- $0
- Price spread: −0.563% → 0.000%
- −$56.28
- 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
- −$65.28
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Variational Omni: no order-book sample. 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, 9 min ago | 1.28 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZK on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZK-USDT-SWAP | +0.0023% | 4h | 0.01175 | +0.034% | $948K | $2.3M | 20x | as long as short |
| Injective ZK/USDC PERP | +0.0033% | 1h | 0.01170 | −0.349% | $2K | $31K | 5.5x | as long as short |
| Lighter ZK | +0.0096% | 1h | 0.01175 | +0.077% | $128K | $165K | 8x | as long as short |
| Hyperliquid ZKlong | +0.0100% | 1h | 0.01174 | long leg | $596K | $237K | 5x | |
| Aster ZKUSDT | +0.0100% | 4h | 0.01174 | −0.005% | $36K | $19K | 10x | as long as short |
| Pacifica ZK | +0.0100% | 1h | 0.01173 | −0.085% | $29K | $3K | 5x | as long as short |
| Binance ZKUSDT | +0.0100% | 4h | 0.01173 | −0.070% | $4.8M | $9.8M | 75x | as long as short |
| Bybit ZKUSDT | +0.0100% | 4h | 0.01175 | +0.034% | $5.0M | $2.6M | 25x | as long as short |
| Gate ZK_USDT | +0.0100% | 8h | 0.01173 | −0.094% | $320K | $248K | 50x | as long as short |
| KuCoin ZKUSDTM | +0.0100% | 4h | 0.01173 | −0.094% | $987K | $1.0M | 50x | as long as short |
OKX ZK-USDT-SWAP
Injective ZK/USDC PERP
Lighter ZK
Aster ZKUSDT
Pacifica ZK
Binance ZKUSDT
Bybit ZKUSDT
Gate ZK_USDT
KuCoin ZKUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZKUSDT | +0.0100% | 4h | 0.01175 | +0.077% | $1.5M | $852K | 75x | as long as short |
| BingX ZK-USDT | +0.0100% | 4h | 0.01174 | +0.009% | — | $6.7M | — | as long as short |
| Variational Omni ZKshort | +0.0100% | 4h | 0.01167 | −0.563% | $57K | $15K | — | |
| GRVT ZK_USDT_Perp | +0.0100% | 4h | 0.01172 | −0.180% | $161K | $2.8M | 10x | as long as short |
| ApeX Omni ZKUSDT | +0.0100% | 1h | 0.01172 | −0.179% | $8K | $625K | 50x | as long as short |
| BloFin ZK-USDT | +0.0132% | 4h | 0.01172 | −0.204% | $212K | $25K | 75x | as long as short |
| Kraken Futures PF_ZKUSD | +0.1287% | 1h | 0.01175 | +0.090% | $195K | $43K | 25x | as long as short |
Bitget ZKUSDT
BingX ZK-USDT
GRVT ZK_USDT_Perp
ApeX Omni ZKUSDT
BloFin ZK-USDT
Kraken Futures PF_ZKUSD