Funding you earn now, next payment 06:00 UTC+0.0283%/8h= +31.0% APRpaid last 24h +0.046%
Price spread now: Hyperliquid against Variational Omni+0.914%7-day average +0.391% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.650%−$65 · spread now +0.914%, 7d avg +0.391%
=Together, before fees−0.578%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.524% dearer against Variational Omni than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of +0.391%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.073% in total (about 7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni IMX | 0.1470 | −0.0115 | get 0.0058% / 4h | 2h 23m | $92K | $131K | — |
| Short | Hyperliquid IMX | 0.1484 | 0.0167 | get 0.0021% / 1h | 23m 50s | $3.4M | $324K | 5x |
Variational Omni IMX
Hyperliquid IMXFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $59.38
- Price spread: +0.914% → +0.391%
- $52.37
- 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
- $102.75
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 25 min ago; Hyperliquid: live order book, 8 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 Variational Omni RFQ quote, 25 min ago | 10.10 bp | doesn't fit | 90.9 bp −$909 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 3.72 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
IMX on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IMXlong | −0.0115% | 4h | 0.1470 | long leg | $92K | $131K | — | |
| gTrade (Gains Network) IMX/USD | L +0.0001% / S +0.0004% | 1h | 0.1479 | +0.601% | $2K | — | 150x | as long as short |
| dYdX IMX-USD | +0.0020% | 1h | 0.1478 | +0.508% | $26K | $4K | 5x | as long as short |
| Injective IMX/USDC PERP | +0.0033% | 1h | 0.1515 | +3.043% | $559 | $28K | 5.5x | as long as short |
| Binance IMXUSDT | +0.0100% | 4h | 0.1480 | +0.635% | $3.5M | $5.9M | 75x | as long as short |
| Bybit IMXUSDT | +0.0100% | 4h | 0.1478 | +0.513% | $3.8M | $2.2M | 75x | as long as short |
| OKX IMX-USDT-SWAP | +0.0100% | 4h | 0.1479 | +0.581% | $925K | $1.6M | 20x | as long as short |
| Gate IMX_USDT | +0.0100% | 4h | 0.1477 | +0.459% | $631K | $76K | 50x | as long as short |
| MEXC IMX_USDT | +0.0100% | 4h | 0.1480 | +0.663% | $2.3M | $612K | 125x | as long as short |
| KuCoin IMXUSDTM | +0.0100% | 4h | 0.1479 | +0.595% | $385K | $170K | 50x | as long as short |
gTrade (Gains Network) IMX/USD
dYdX IMX-USD
Injective IMX/USDC PERP
Binance IMXUSDT
Bybit IMXUSDT
OKX IMX-USDT-SWAP
Gate IMX_USDT
MEXC IMX_USDT
KuCoin IMXUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget IMXUSDT | +0.0100% | 4h | 0.1480 | +0.663% | $1.3M | $411K | 75x | as long as short |
| BingX IMX-USDT | +0.0100% | 4h | 0.1478 | +0.527% | — | $2.9M | — | as long as short |
| Hyperliquid IMXshort | +0.0167% | 1h | 0.1484 | +0.914% | $3.4M | $324K | 5x | |
| BloFin IMX-USDT | +0.0340% | 4h | 0.1474 | +0.255% | $183K | $125K | 75x | as long as short |
| Kraken Futures PF_IMXUSD | +0.2060% | 1h | 0.1485 | +1.019% | $113K | $10K | 20x | as long as short |
Bitget IMXUSDT
BingX IMX-USDT
BloFin IMX-USDT
Kraken Futures PF_IMXUSD