Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Variational Omni against Hyperliquid−0.350%7-day average −0.241% · 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)−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)+0.264%+$26 · spread now −0.350%, 7d avg −0.241%
=Together, before fees+0.225%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.110% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.241%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZORA | 0.008435 | 0.0100 | pay 0.0013% / 1h | 15m 26s | $1.6M | $318K | 3x |
| Short | Variational Omni ZORA | 0.008405 | 0.0100 | get 0.0050% / 4h | 1h 15m | $125K | $26K | — |
Hyperliquid ZORA
Variational Omni ZORAFunding 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: −0.350% → −0.241%
- −$10.97
- 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
- −$19.97
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Variational Omni: RFQ quote, 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 Hyperliquid live order book, 5 min ago | 2.37 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 5.36 bp | doesn't fit | 73.2 bp −$732 | doesn't fit | doesn't fit |
ZORA 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USD | 0.0000% | 1h | 0.008430 | −0.062% | $310 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008421 | −0.166% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008411 | −0.285% | $22K | $11K | 3x | as long as short |
| Hyperliquid ZORAlong | +0.0100% | 1h | 0.008435 | long leg | $1.6M | $318K | 3x | |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008428 | −0.078% | $26K | $28K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008427 | −0.099% | $2.5M | $3.9M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008412 | −0.273% | $2.3M | $1.6M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008417 | −0.213% | $765K | $974K | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008420 | −0.178% | $157K | $75K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008425 | −0.119% | $9.8M | $226K | 50x | as long as short |
dYdX ZORA-USD
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008422 | −0.154% | $773K | $1.1M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008432 | −0.036% | $734K | $209K | 25x | as long as short |
| Variational Omni ZORAshort | +0.0100% | 4h | 0.008405 | −0.350% | $125K | $26K | — | |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008600 | +1.956% | $1K | $1.2M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008423 | −0.139% | $6K | $169K | 5x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0131% | 1h | 0.008426 | −0.107% | $34K | $116K | 10x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0230% / S −0.0433% | 1h | 0.008425 | −0.119% | $1K | — | 100x | as long as short |
KuCoin ZORAUSDTM
Bitget ZORAUSDT
SunX ZORA-USDT
Extended ZORA-USD
Backpack ZORA_USDC_PERP
GMX ZORA/USD [ETH-USDC]