Settings8H · net · $10k
Funding arb · Price arb /

HYPER

all HYPER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Variational Omni+0.038%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.038% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni HYPER0.074430.0100pay 0.0050% / 4h2h 13m$7K$1K
ShortHyperliquid HYPER0.074450.0100get 0.0013% / 1h13m 39s$72K$121K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.038% → 0.000%
$3.81
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$5.19
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 69 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Hyperliquid live order book, 69 min ago0.07 bp21.8 bp −$22doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HYPER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPER_USDT−0.0040%4h0.07440−0.036%$90K$46K50xas long as short
KuCoin HYPERUSDTM+0.0006%4h0.07433−0.130%$131K$93K30xas long as short
Hyperliquid HYPERshort+0.0100%1h0.07445+0.038%$72K$121K3x
Aster HYPERUSDT+0.0100%4h0.07448+0.076%$20K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07441−0.018%$2.0M$2.1M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07444+0.018%$1.1M$707K25xas long as short
MEXC HYPER_USDT+0.0100%4h0.07440−0.036%$258K$131K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07439−0.049%$311K$262K50xas long as short
Variational Omni HYPERlong+0.0100%4h0.07443long leg$7K$1K
BloFin HYPER-USDT+0.0136%4h0.07454+0.152%$189K$23K50xas long as short