Funding you earn now, next payment 05:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h −0.019%
Price spread now: Variational Omni against Hyperliquid+0.570%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.570% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.570% now, against zero (this spread has no 7-day history yet)): +$57 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PEOPLE | 0.009447 | 0.0100 | pay 0.0013% / 1h | 28m 19s | $491K | $277K | 3x |
| Short | Variational Omni PEOPLE | 0.009501 | −0.0015 | pay 0.0015% / 8h | 3h 28m | $7K | $3K | — |
Hyperliquid PEOPLE
Variational Omni PEOPLEFunding 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
- −$24.12
- Price spread: +0.570% → 0.000%
- $56.99
- 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
- $23.86
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 52 min ago; Variational Omni: no order-book sample. 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, 52 min ago | 1.62 bp | 22.1 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
PEOPLE 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEOPLEUSD | −0.0392% | 1h | 0.009451 | +0.037% | $36K | $47K | 10x | as long as short |
| Gate PEOPLE_USDT | −0.0098% | 8h | 0.009453 | +0.064% | $731K | $1.6M | 50x | as long as short |
| Variational Omni PEOPLEshort | −0.0015% | 8h | 0.009501 | +0.570% | $7K | $3K | — | |
| KuCoin PEOPLEUSDTM | −0.0001% | 8h | 0.009470 | +0.243% | $668K | $156K | 50x | as long as short |
| OKX PEOPLE-USDT-SWAP | +0.0097% | 8h | 0.009446 | −0.011% | $3.5M | $9.5M | 20x | as long as short |
| Hyperliquid PEOPLElong | +0.0100% | 1h | 0.009447 | long leg | $491K | $277K | 3x | |
| Aster PEOPLEUSDT | +0.0100% | 8h | 0.009465 | +0.187% | $4K | $87K | 5x | as long as short |
| Binance PEOPLEUSDT | +0.0100% | 8h | 0.009450 | +0.032% | $5.9M | $17.4M | 50x | as long as short |
| Bybit PEOPLEUSDT | +0.0100% | 8h | 0.009440 | −0.074% | $1.7M | $2.6M | 50x | as long as short |
| MEXC PEOPLE_USDT | +0.0100% | 8h | 0.009454 | +0.074% | $710K | $303K | 200x | as long as short |
Kraken Futures PF_PEOPLEUSD
Gate PEOPLE_USDT
KuCoin PEOPLEUSDTM
OKX PEOPLE-USDT-SWAP
Aster PEOPLEUSDT
Binance PEOPLEUSDT
Bybit PEOPLEUSDT
MEXC PEOPLE_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PEOPLEUSDT | +0.0100% | 8h | 0.009455 | +0.085% | $1.8M | $1.3M | 50x | as long as short |
| BingX PEOPLE-USDT | +0.0100% | 8h | 0.009447 | 0.000% | — | $7.5M | — | as long as short |
| HTX PEOPLE-USDT | +0.0100% | 8h | 0.009449 | +0.021% | $45K | $50K | 50x | as long as short |
| Extended PEOPLE-USD | +0.0104% | 1h | 0.009447 | +0.002% | $189 | — | 5x | as long as short |
| BloFin PEOPLE-USDT | +0.0127% | 8h | 0.009457 | +0.106% | $368K | $104K | 50x | as long as short |
Bitget PEOPLEUSDT
BingX PEOPLE-USDT
HTX PEOPLE-USDT
Extended PEOPLE-USD
BloFin PEOPLE-USDT