Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Variational Omni against Bybit+0.037%7-day average −0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.050%−$5 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.037%, 7d avg −0.009%
=Together, before fees−0.093%+ Points / potential airdropVariational Omni: Active · farm board−$9 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 0.046% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYPEUSDT | 92.829 | 0.0100 | pay 0.0100% / 8h | 4h 47m | $325.1M | $288.1M | 75x |
| Short | Variational Omni HYPE | 92.864 | 0.0100 | get 0.0100% / 8h | 4h 47m | $28.6M | $49.0M | — |
Bybit HYPEUSDT
Variational Omni HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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: +0.037% → −0.009%
- $4.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$6.37
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; Variational Omni: RFQ quote, 1 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 Bybit live order book, 6 min ago | 0.54 bp | 7.1 bp −$7 | 8.6 bp −$86 | 16.8 bp −$1,683 | 49.9 bp −$24.9K |
| Sell Variational Omni RFQ quote, 1 min ago | 0.43 bp | doesn't fit | 5.2 bp −$52 | 20.7 bp −$2,073 | doesn't fit |
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0912% | 1h | 92.826 | −0.003% | $194K | $244K | 7x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.865 | +0.039% | $3K | $331 | 25x | as long as short |
| Injective HYPE/USDC PERP | −0.0004% | 1h | 92.810 | −0.020% | $30K | $177K | 12x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.848 | +0.020% | $126K | $28K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 92.930 | +0.109% | $2.0M | $5.5M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.885 | +0.061% | $25K | $395K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0006% | 1h | 92.879 | +0.054% | $43K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0027% | 4h | 92.854 | +0.027% | $9.0M | $36.1M | 300x | as long as short |
| 01 Exchange HYPEUSD | +0.0032% | 1h | 92.897 | +0.073% | $89K | $323K | 20x | as long as short |
| Aftermath Perps HYPEUSD | +0.0050% | 1h | 92.861 | +0.035% | $22K | $28K | 10x | as long as short |
Hibachi HYPE/USDT-P
Hotstuff HYPE-PERP
Injective HYPE/USDC PERP
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
01 Exchange HYPEUSD
Aftermath Perps HYPEUSDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0082% | 1h | 92.861 | +0.034% | $1.2M | $4.0M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0083% | 1h | 92.830 | +0.001% | $698K | $1.0M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.941 | +0.120% | $18.6M | $57.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.926 | +0.104% | $3.1M | $12.0M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.898 | +0.074% | $54K | $1.3M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.880 | +0.055% | $15K | $1.9M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.876 | +0.050% | $6.5M | $43.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.905 | +0.082% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.873 | +0.048% | $386.8M | $866.9M | 75x | as long as short |
| Bybit HYPEUSDTlong | +0.0100% | 8h | 92.829 | long leg | $325.1M | $288.1M | 75x | |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.825 | −0.004% | $113.9M | $314.4M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.791 | −0.041% | $203K | $12K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.843 | +0.015% | $43.8M | $55.3M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.885 | +0.060% | $91.0M | $81.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.846 | +0.018% | $46.2M | $20.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.871 | +0.045% | $225.7M | $104.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.843 | +0.015% | — | $55.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.914 | +0.092% | $7.9M | $11.6M | 20x | as long as short |
| Variational Omni HYPEshort | +0.0100% | 8h | 92.864 | +0.037% | $28.6M | $49.0M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.882 | +0.057% | $7.4M | $47.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.931 | +0.110% | $427K | $905K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.884 | +0.059% | $672K | $2.3M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.848 | +0.020% | — | $407K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.900 | +0.076% | $464K | $2.6M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 92.880 | +0.055% | $111K | $567K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0100% | 4h | 92.895 | +0.071% | $192K | $498K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.841 | +0.013% | $75K | $175K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.857 | +0.030% | $16.3M | $7.1M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.896 | +0.072% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.862 | +0.036% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 92.891 | +0.067% | $12.5M | $2.4M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0104% | 8h | 92.934 | +0.113% | $340K | $175K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.863 | +0.037% | $18.0M | $40.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.889 | +0.065% | $395K | $321K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0106% | 4h | 92.885 | +0.060% | $5.1M | $28.9M | 30x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0151% | 1h | 92.910 | +0.088% | $16.1M | $21.0M | 50x | as long as short |
| Phoenix HYPE | +0.0172% | 1h | 92.953 | +0.134% | $220K | $954K | 10x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0200% | 1h | 92.900 | +0.076% | $4.9M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0240% | 1h | 92.865 | +0.038% | $76K | $157K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 92.857 | +0.030% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.875 | +0.050% | $17.5M | $12.1M | 75x | as long as short |
| Hyperliquid HYPE | +0.0344% | 1h | 92.893 | +0.069% | $2.01B | $661.8M | 10x | as long as short |
| HTX HYPE-USDT | +0.0461% | 4h | 93.041 | +0.228% | $1.5M | $7.4M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0471% | 1h | 92.960 | +0.141% | $7.4M | $4.7M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0516% | 1h | 92.959 | +0.140% | $2.6M | $6.3M | 20x | as long as short |
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Kraken Futures PF_HYPEUSD
Phoenix HYPE
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Hyperliquid HYPE
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC