Funding you earn now, next payment 22:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.055%
Price spread now: Variational Omni against Hyperliquid−0.127%7-day average −0.129% · 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)−0.138%−$14 on $10k
+Price spread, last 3 days (all we have)+0.075%+$8 · spread now −0.127%, 7d avg −0.129%
=Together, before fees−0.063%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.129%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09251 | 0.0100 | pay 0.0013% / 1h | 23m 46s | $8.8M | $2.9M | 5x |
| Short | Variational Omni HBAR | 0.09240 | 0.0052 | get 0.0052% / 8h | 2h 23m | $1.0M | $197K | — |
Hyperliquid HBAR
Variational Omni HBARFunding 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
- −$10.14
- Price spread: −0.127% → −0.129%
- $0.26
- 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
- −$18.88
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Variational Omni: RFQ quote, just now. 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, 9 min ago | 0.38 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 3.79 bp | doesn't fit | 18.9 bp −$189 | 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 | −0.0030% | 8h | 0.09241 | −0.112% | $7.4M | $7.9M | 75x | as long as short |
| Gate HBAR_USDT | −0.0020% | 8h | 0.09242 | −0.102% | $2.4M | $3.5M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09252 | +0.006% | $509K | $150K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09247 | −0.048% | $8K | — | 150x | as long as short |
| Variational Omni HBARshort | +0.0052% | 8h | 0.09240 | −0.127% | $1.0M | $197K | — | |
| MEXC HBAR_USDT | +0.0061% | 8h | 0.09239 | −0.134% | $24.1M | $22.7M | 200x | as long as short |
| Binance HBARUSDT | +0.0063% | 8h | 0.09238 | −0.146% | $34.8M | $110.7M | 75x | as long as short |
| Extended HBAR-USD | +0.0064% | 1h | 0.09238 | −0.145% | $51K | $210K | 10x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0072% | 1h | 0.09244 | −0.080% | $221K | $2.2M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0076% | 8h | 0.09244 | −0.080% | $2K | $18K | 10x | as long as short |
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Coinbase International HBAR-PERP-INTX
Orderly PERP_HBAR_USDCShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HBAR_USDC_PERP | +0.0078% | 1h | 0.09238 | −0.145% | $31K | $102K | 15x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09241 | −0.112% | $568K | $590K | 5x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09251 | long leg | $8.8M | $2.9M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09238 | −0.143% | $211K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09237 | −0.156% | $33.1M | $37.0M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09236 | −0.166% | $6.9M | $24.8M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09241 | −0.112% | $17.0M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09238 | −0.145% | — | $6.7M | — | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09226 | −0.275% | $376K | $2.1M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09230 | −0.231% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09243 | −0.091% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09263 | +0.125% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09246 | −0.058% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0182% | 8h | 0.09238 | −0.145% | $1.4M | $5.6M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0311% | 1h | 0.09211 | −0.437% | $1K | $84K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0381% | 1h | 0.09252 | +0.011% | $1.4M | $2.4M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0446% / S −0.0478% | 1h | 0.09248 | −0.041% | $104K | — | 100x | as long as short |
| dYdX HBAR-USD | +0.3698% | 1h | 0.09249 | −0.023% | $30K | $4K | 5x | as long as short |
Backpack HBAR_USDC_PERP
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDC
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]
dYdX HBAR-USD