Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Hyperliquid−0.299%7-day average −0.161% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.160%−$16 on $10k
+Price spread, last 4 days (all we have)+0.779%+$78 · spread now −0.299%, 7d avg −0.161%
=Together, before fees+0.620%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$62 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 0.138% cheaper against Hyperliquid than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.161%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid FIL | 1.0027 | 0.0100 | pay 0.0013% / 1h | 12m 48s | $8.4M | $9.4M | 5x |
| Short | Variational Omni FIL | 0.9997 | 0.0100 | get 0.0100% / 8h | 7h 12m | $445K | $278K | — |
Hyperliquid FIL
Variational Omni FILFunding 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: −0.299% → −0.161%
- −$13.81
- 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
- −$22.81
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Variational Omni: RFQ quote, 21 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, 10 min ago | 0.45 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 21 min ago | 4.04 bp | doesn't fit | 29.3 bp −$293 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 1.0013 | −0.140% | $349K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0000 | −0.269% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9999 | −0.276% | $58K | $887 | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 1.0004 | −0.229% | $172K | $23K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.715% | $2K | $240K | 12x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0020 | −0.067% | $146K | $345K | 5x | as long as short |
| Kraken Futures PF_FILUSD | +0.0097% | 1h | 1.0004 | −0.233% | $1.4M | $2.1M | 50x | as long as short |
| Hyperliquid FILlong | +0.0100% | 1h | 1.0027 | long leg | $8.4M | $9.4M | 5x | |
| Aster FILUSDT | +0.0100% | 8h | 1.0023 | −0.040% | $511K | $552K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 1.0025 | −0.025% | $57.0M | $180.1M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Lighter FIL
Kraken Futures PF_FILUSD
Aster FILUSDT
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FILUSDT | +0.0100% | 8h | 1.0021 | −0.060% | $15.4M | $19.8M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 1.0023 | −0.040% | $18.0M | $104.7M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0010 | −0.170% | $8.6M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 1.0018 | −0.090% | $232K | $100K | 50x | as long as short |
| KuCoin FILUSDTM | +0.0100% | 8h | 1.0022 | −0.050% | $7.1M | $7.7M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0022 | −0.050% | $11.5M | $19.0M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0014 | −0.130% | — | $11.6M | — | as long as short |
| Variational Omni FILshort | +0.0100% | 8h | 0.9997 | −0.299% | $445K | $278K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9989 | −0.383% | $45K | $297K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9992 | −0.353% | $292K | $1.6M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9990 | −0.369% | $23K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0012 | −0.150% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0000 | −0.269% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9998 | −0.289% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0004 | −0.229% | $629K | $5.4M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9990 | −0.369% | $1.3M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 1.0007 | −0.204% | $700K | $4.2M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 1.0002 | −0.249% | $2.7M | $640K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0602% / S −0.0280% | 1h | 1.0000 | −0.266% | $267K | — | 100x | as long as short |
Bybit FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
KuCoin FILUSDTM
Bitget FILUSDT
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]