Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.091%
Price spread now: Hyperliquid against Variational Omni+0.263%7-day average +0.228% · 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)+0.180%+$18 on $10k
+Price spread, last 4 days (all we have)−0.586%−$59 · spread now +0.263%, 7d avg +0.228%
=Together, before fees−0.406%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$41 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: Hyperliquid is 0.035% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.228%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MON | 0.02523 | 0.0100 | pay 0.0100% / 8h | 5h 41m | $749K | $405K | — |
| Short | Hyperliquid MON | 0.02530 | 0.0100 | get 0.0013% / 1h | 41m 28s | $34.3M | $7.4M | 5x |
Variational Omni MON
Hyperliquid MONFunding 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
- $0
- Price spread: +0.263% → +0.228%
- $3.53
- 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
- −$5.47
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Hyperliquid: live order book, 12 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, 23 min ago | 9.85 bp | doesn't fit | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.20 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02528 | +0.212% | $13K | $367K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02531 | +0.315% | $5K | $106 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0246% | 1h | 0.02538 | +0.608% | $114K | $152K | 10x | as long as short |
| Bybit MONUSDT | −0.0141% | 8h | 0.02525 | +0.069% | $20.7M | $12.9M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0064% | 1h | 0.02530 | +0.275% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02538 | +0.592% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0076% | 4h | 0.02529 | +0.235% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02529 | +0.235% | $843K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02528 | +0.200% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02531 | +0.300% | $408K | $540K | 10x | as long as short |
Phoenix MON
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Bybit MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MONshort | +0.0100% | 1h | 0.02530 | +0.263% | $34.3M | $7.4M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02530 | +0.265% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02532 | +0.346% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02527 | +0.172% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02529 | +0.230% | $24.1M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02525 | +0.077% | $4.2M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | +0.275% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02528 | +0.196% | $945K | $916K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02531 | +0.315% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02530 | +0.275% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MONlong | +0.0100% | 8h | 0.02523 | long leg | $749K | $405K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02536 | +0.525% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02537 | +0.558% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02537 | +0.553% | $68K | $501K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02537 | +0.553% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02531 | +0.302% | $50K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02527 | +0.156% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02528 | +0.188% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0272% | 1h | 0.02533 | +0.411% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02530 | +0.275% | $1.3M | $307K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02530 | +0.263% | $106K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0490% | 1h | 0.02540 | +0.677% | $271K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02542 | +0.743% | $111K | $52K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX