Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Hyperliquid−0.336%7-day average −0.082% · 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)0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.366%+$37 · spread now −0.336%, 7d avg −0.082%
=Together, before fees+0.366%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$37 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 0.254% cheaper against Hyperliquid than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ETC | 8.9823 | 0.0100 | pay 0.0013% / 1h | 15m 10s | $2.6M | $581K | 5x |
| Short | Variational Omni ETC | 8.9521 | 0.0100 | get 0.0100% / 8h | 7h 15m | $126K | $2K | — |
Funding 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: −0.336% → −0.082%
- −$25.36
- 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
- −$34.36
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Variational Omni: RFQ quote, 59 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, 6 min ago | 3.02 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 59 min ago | 3.84 bp | doesn't fit | 45.7 bp −$457 | doesn't fit | doesn't fit |
ETC on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ETCUSD | −0.0192% | 1h | 8.9795 | −0.032% | $2.0M | $713K | 50x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.9596 | −0.253% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9750 | −0.081% | $508 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9770 | −0.059% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −1.195% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETClong | +0.0100% | 1h | 8.9823 | long leg | $2.6M | $581K | 5x | |
| Aster ETCUSDT | +0.0100% | 8h | 8.9629 | −0.216% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9720 | −0.115% | $26.9M | $68.2M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9660 | −0.181% | $13.2M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9730 | −0.104% | $8.9M | $17.1M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.9760 | −0.070% | $3.7M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9730 | −0.104% | $7.8M | $32.6M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9730 | −0.104% | $2.9M | $717K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9720 | −0.115% | $10.0M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.9720 | −0.115% | — | $20.9M | — | as long as short |
| Variational Omni ETCshort | +0.0100% | 8h | 8.9521 | −0.336% | $126K | $2K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9750 | −0.081% | $151 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9750 | −0.081% | $123K | $295K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9710 | −0.126% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9749 | −0.083% | $12K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9740 | −0.092% | $1.4M | $219K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9830 | +0.008% | $36K | $14K | 50x | as long as short |
Hyperliquid ETC
Variational Omni ETC
Kraken Futures PF_ETCUSD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX