Funding you earn now, next payment 01:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.031%
Price spread now: Variational Omni against Deribit−0.117%7-day average −0.105% · 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)−0.071%−$7 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.117%, 7d avg −0.105%
=Together, before fees−0.051%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit HBAR_USDC-PERPETUAL | 0.09320 | 0.0072 | pay 0.0009% / 1h | 31m 06s | $513K | $166K | 50x |
| Short | Variational Omni HBAR | 0.09309 | 0.0075 | get 0.0075% / 8h | 7h 31m | $1.0M | $197K | — |
Deribit HBAR_USDC-PERPETUAL
Variational Omni HBARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $0.53
- Price spread: −0.117% → −0.105%
- −$1.25
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.72
- Costs to cover
- 0.070%
- Break-even
- 109.3 days
Slippage unknown: Deribit: live order book, 43 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 Deribit live order book, 43 min ago | 5.40 bp | 8.9 bp −$9 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.77 bp | doesn't fit | 23.1 bp −$231 | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0078% | 8h | 0.09312 | −0.086% | $7.4M | $7.7M | 75x | as long as short |
| GRVT HBAR_USDT_Perp | −0.0038% | 8h | 0.09283 | −0.397% | $378K | $2.2M | 10x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09310 | −0.112% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09318 | −0.019% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09267 | −0.569% | $1K | $106K | 12x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0056% | 1h | 0.09321 | +0.011% | $230K | $2.2M | 50x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0057% | 1h | 0.09320 | +0.004% | $1.4M | $2.3M | 50x | as long as short |
| ApeX Omni HBARUSDT | +0.0068% | 1h | 0.09290 | −0.322% | $149K | $718K | 50x | as long as short |
| MEXC HBAR_USDT | +0.0071% | 8h | 0.09312 | −0.086% | $26.2M | $22.3M | 200x | as long as short |
| Extended HBAR-USD | +0.0072% | 1h | 0.09312 | −0.081% | $53K | $332K | 10x | as long as short |
KuCoin HBARUSDTM
GRVT HBAR_USDT_Perp
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Coinbase International HBAR-PERP-INTX
Kraken Futures PF_HBARUSD
ApeX Omni HBARUSDT
MEXC HBAR_USDT
Extended HBAR-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit HBAR_USDC-PERPETUALlong | +0.0072% | 1h | 0.09320 | long leg | $513K | $166K | 50x | |
| Binance HBARUSDT | +0.0073% | 8h | 0.09313 | −0.075% | $34.9M | $108.6M | 75x | as long as short |
| Variational Omni HBARshort | +0.0075% | 8h | 0.09309 | −0.117% | $1.0M | $197K | — | |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09312 | −0.086% | $2K | $17K | 10x | as long as short |
| Phemex HBARUSDT | +0.0092% | 8h | 0.09313 | −0.075% | $2.2M | $2.1M | 50x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09312 | −0.086% | $570K | $553K | 5x | as long as short |
| Hyperliquid HBAR | +0.0100% | 1h | 0.09327 | +0.072% | $8.9M | $2.8M | 5x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09320 | +0.002% | $213K | $407K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09310 | −0.107% | $33.1M | $35.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09312 | −0.086% | $6.9M | $25.0M | 50x | as long as short |
| Gate HBAR_USDT | +0.0100% | 8h | 0.09313 | −0.075% | $2.4M | $3.4M | 75x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09316 | −0.043% | $17.4M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09313 | −0.075% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09315 | −0.054% | $34K | $105K | 15x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09313 | −0.075% | $432 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09337 | +0.182% | $74K | $60K | 20x | as long as short |
| BloFin HBAR-USDT | +0.0193% | 8h | 0.09315 | −0.054% | $1.5M | $5.7M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0494% / S −0.0529% | 1h | 0.09316 | −0.038% | $119K | — | 100x | as long as short |
Binance HBARUSDT
Orderly PERP_HBAR_USDC
Phemex HBARUSDT
Lighter HBAR
Hyperliquid HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Gate HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
SoDEX HBAR-USD
HTX HBAR-USDT
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]