Variational Omni vs Hibachi
Variational Omni traded 101× Hibachi's 24-hour volume ($2.76B vs $27.4M).
Head to head
the arrow points to the better figure| Variational Omni | Hibachi | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $12.24 |
| $453 | ◀BTC trade, $1M | $14,587 |
| — | BTC book depth | $1.1M |
| 0.000%/0.000% | ◀Taker / maker | 0.045%/0.000% |
| 50x | ◀Max leverage | 30x |
| Size | ||
| $2.76B | ◀Volume 24h | $27.4M |
| $2.02B | ◀Volume, 7-day average | $16.2M |
| $837.5Mlongs + shorts | Open interest | $1.3Mone side |
| — | TVL | $3.3M |
| Markets | ||
| 587 | ◀Markets | 15 |
| 157 | ◀Stocks & RWA | 7 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0264% |
| +0.711% | BTC longs paid, 30d | +1.672% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | Variational Omni | Hibachi |
|---|---|---|
| $1k | $0.101.0 bp | $1.2212.2 bp |
| $10k | $1.001.0 bp | $12.2412.2 bp |
| $100k | $10.001.0 bp | $14514.5 bp |
| $1M | $4534.5 bp | $14,587145.9 bp |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 9
funding /8h · Net 7d at $10k| Asset | Variational Omni | Hibachi | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0264% | +0.0164% | −$15 |
| HYPE | +0.0100% | +0.0728% | +0.0628% | −$73 |
| BNB | +0.0100% | +0.0576% | +0.0476% | +$53 |
| ETH | +0.0100% | −0.0192% | +0.0292% | −$36 |
| PAXG | +0.0100% | +0.0248% | +0.0148% | −$31 |
| SOL | +0.0100% | −0.0216% | +0.0316% | — |
| XRP | +0.0100% | +0.0032% | — | — |
| SUI | +0.0099% | +0.0392% | — | — |
Only on Variational Omni: 561
XAU · ZEC · XAUT · QQQ · SP500 · CL · GOOGL · BZ · XMR · LIT · NEAR · PUMP · NVDA · ANTHROPIC · SOXL · SPCX · ZRO · ENA · AAVE · SNDK · ADA · MU · ASTER · META · UNI · LTC · MSTR · AAPL · STRC · INTC · COPPER · AMZN · SOXS · LINK · AVAX · NBIS · EWY · MSFT · DRAM · WLD · CRCL · GRASS · SKHY · VVV · XPL · WLFI · NATGAS · AERO · TSLA · DOGE · TAO · COIN · ICP · CRWV · TRUMP · HOOD · ARB · AMD · ORCL · CRV · and 501 more
Questions
Is Variational Omni or Hibachi cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.00 on Variational Omni and $12.24 on Hibachi right now, taker fee and order-book slippage together, so Variational Omni is cheaper. Taker fees: 0% and 0.045%.
Which has more markets, Variational Omni or Hibachi?
Variational Omni lists 587 active markets and Hibachi 15; 9 assets trade on both, 1 of them stocks, commodities or other real-world assets.
Does Variational Omni or Hibachi require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Hibachi: No ID; not for the US, the UK or sanctioned countries.
Can you arbitrage funding between Variational Omni and Hibachi?
Yes: 1 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was BNB, long on Variational Omni and short on Hibachi, with $53 left after costs.
Which is bigger, Variational Omni or Hibachi?
24-hour volume: Variational Omni $2.76B, Hibachi $27.4M. Open interest as each reports it: $837.5M and $1.3M. Variational Omni reports open interest as the sum of its traders' longs and shorts; Hibachi reports one side. For the same positions Variational Omni's figure reads about twice as large. TVL: none published and $3.3M.