Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Hyperliquid against Variational Omni+0.157%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.157% dearer against Variational Omni than usual: you sell high and buy low, +$16 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 | Variational Omni ZK | 0.01188 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $57K | $13K | — |
| Short | Hyperliquid ZK | 0.01190 | 0.0100 | get 0.0013% / 1h | 8m 57s | $590K | $170K | 5x |
Variational Omni ZK
Hyperliquid ZKFunding 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
- $0
- Price spread: +0.157% → 0.000%
- $15.74
- 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
- $6.74
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 61 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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 61 min ago | 2.13 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZK/USDC PERP | +0.0033% | 1h | 0.01170 | −1.493% | $2K | $31K | 5.5x | as long as short |
| BloFin ZK-USDT | +0.0055% | 4h | 0.01189 | +0.073% | $215K | $19K | 75x | as long as short |
| Lighter ZK | +0.0096% | 1h | 0.01191 | +0.242% | $127K | $201K | 8x | as long as short |
| Hyperliquid ZKshort | +0.0100% | 1h | 0.01190 | +0.157% | $590K | $170K | 5x | |
| Aster ZKUSDT | +0.0100% | 4h | 0.01190 | +0.163% | $32K | $22K | 10x | as long as short |
| Pacifica ZK | +0.0100% | 1h | 0.01188 | +0.056% | $29K | $3K | 5x | as long as short |
| Binance ZKUSDT | +0.0100% | 4h | 0.01189 | +0.118% | $4.9M | $8.0M | 75x | as long as short |
| Bybit ZKUSDT | +0.0100% | 4h | 0.01188 | +0.023% | $5.1M | $2.4M | 25x | as long as short |
| OKX ZK-USDT-SWAP | +0.0100% | 4h | 0.01187 | −0.078% | $1.0M | $2.1M | 20x | as long as short |
| Gate ZK_USDT | +0.0100% | 8h | 0.01188 | +0.023% | $303K | $264K | 50x | as long as short |
Injective ZK/USDC PERP
BloFin ZK-USDT
Lighter ZK
Aster ZKUSDT
Pacifica ZK
Binance ZKUSDT
Bybit ZKUSDT
OKX ZK-USDT-SWAP
Gate ZK_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZKUSDTM | +0.0100% | 4h | 0.01188 | +0.023% | $970K | $1.6M | 50x | as long as short |
| Bitget ZKUSDT | +0.0100% | 4h | 0.01188 | +0.023% | $1.5M | $875K | 75x | as long as short |
| BingX ZK-USDT | +0.0100% | 4h | 0.01188 | +0.065% | — | $6.7M | — | as long as short |
| Variational Omni ZKlong | +0.0100% | 4h | 0.01188 | long leg | $57K | $13K | — | |
| GRVT ZK_USDT_Perp | +0.0100% | 4h | 0.01190 | +0.191% | $165K | $2.3M | 10x | as long as short |
| ApeX Omni ZKUSDT | +0.0100% | 1h | 0.01189 | +0.107% | $8K | $628K | 50x | as long as short |
| Kraken Futures PF_ZKUSD | +0.1625% | 1h | 0.01192 | +0.334% | $208K | $46K | 25x | as long as short |
KuCoin ZKUSDTM
Bitget ZKUSDT
BingX ZK-USDT
GRVT ZK_USDT_Perp
ApeX Omni ZKUSDT
Kraken Futures PF_ZKUSD