Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.036%
Price spread now: Variational Omni against Hyperliquid−0.143%7-day average −0.159% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.487%+$49 · spread now −0.143%, 7d avg −0.159%
=Together, before fees+0.447%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$45 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid POL | 0.1096 | 0.0100 | pay 0.0013% / 1h | 42m 51s | $7.4M | $3.7M | 5x |
| Short | Variational Omni POL | 0.1095 | 0.0100 | get 0.0050% / 4h | 42m 51s | $605K | $166K | — |
Hyperliquid POL
Variational Omni POLFunding 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
- $0
- Price spread: −0.143% → −0.159%
- $1.6
- 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
- −$7.4
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Variational Omni: RFQ quote, 61 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 Hyperliquid live order book, 9 min ago | 1.37 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 61 min ago | 9.17 bp | doesn't fit | 36.7 bp −$367 | doesn't fit | doesn't fit |
POL on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0544% | 1h | 0.1090 | −0.575% | $202K | $179K | 50x | as long as short |
| Gate POL_USDT | −0.0286% | 4h | 0.1095 | −0.128% | $1.8M | $1.3M | 75x | as long as short |
| Kraken Futures PF_POLUSD | −0.0233% | 1h | 0.1095 | −0.109% | $1.2M | $995K | 50x | as long as short |
| OKX POL-USDT-SWAP | −0.0024% | 4h | 0.1095 | −0.146% | $5.7M | $9.3M | 50x | as long as short |
| Orderly PERP_POL_USDC | −0.0012% | 4h | 0.1095 | −0.082% | $11K | $1.7M | 20x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1095 | −0.090% | $3K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1096 | −0.056% | $19K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1096 | −0.035% | $12K | — | 150x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.341% | $3K | $124K | 12x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1095 | −0.132% | $277K | $543K | 8x | as long as short |
Coinbase International POL-PERP-INTX
Gate POL_USDT
Kraken Futures PF_POLUSD
OKX POL-USDT-SWAP
Orderly PERP_POL_USDC
Reya POLRUSDPERP
dYdX POL-USD
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
Lighter POLShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POLlong | +0.0100% | 1h | 0.1096 | long leg | $7.4M | $3.7M | 5x | |
| Aster POLUSDT | +0.0100% | 4h | 0.1095 | −0.082% | $363K | $169K | 20x | as long as short |
| Binance POLUSDT | +0.0100% | 4h | 0.1095 | −0.155% | $16.7M | $36.3M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1094 | −0.201% | $15.7M | $9.5M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1095 | −0.164% | $25.0M | $3.3M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1095 | −0.100% | $2.9M | $918K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1096 | −0.055% | $4.1M | $3.9M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1095 | −0.164% | — | $1.6M | — | as long as short |
| Variational Omni POLshort | +0.0100% | 4h | 0.1095 | −0.143% | $605K | $166K | — | |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1095 | −0.147% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1095 | −0.119% | $194K | $643K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1094 | −0.178% | $91K | $522K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1096 | −0.059% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1096 | −0.015% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1095 | −0.137% | $898K | $146K | 75x | as long as short |
Aster POLUSDT
Binance POLUSDT
Bybit POLUSDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
Aevo POL-PERP
GMX POL/USD [ETH-USDC]
BloFin POL-USDT