Funding you earn now, next payment 23:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.008%
Price spread now: Hyperliquid against Variational Omni+0.149%7-day average +0.091% · 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)+0.010%+$1 on $10k
+Price spread, last 3 days (all we have)−0.376%−$38 · spread now +0.149%, 7d avg +0.091%
=Together, before fees−0.366%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$37 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 0.058% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.091%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TIA | 0.4324 | 0.0095 | pay 0.0048% / 4h | 1h 30m | $101K | $84K | — |
| Short | Hyperliquid TIA | 0.4330 | 0.0100 | get 0.0013% / 1h | 30m 23s | $4.2M | $1.5M | 5x |
Variational Omni TIA
Hyperliquid TIAFunding 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
- $0.97
- Price spread: +0.149% → +0.091%
- $5.79
- 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
- −$2.24
- Costs to cover
- 0.090%
- Break-even
- 23.1 days
Slippage unknown: Variational Omni: RFQ quote, 64 min ago; Hyperliquid: live order book, 1 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, 64 min ago | 4.65 bp | doesn't fit | 34.9 bp −$349 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 1 min ago | 0.46 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
TIA on 27 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_TIAUSD | −0.0229% | 1h | 0.4328 | +0.086% | $354K | $242K | 50x | as long as short |
| OKX TIA-USDT-SWAP | −0.0083% | 4h | 0.4320 | −0.092% | $2.7M | $5.9M | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0048% | 4h | 0.4324 | +0.001% | $4.2M | $8.6M | 50x | as long as short |
| Gate TIA_USDT | −0.0046% | 4h | 0.4323 | −0.022% | $993K | $1.8M | 75x | as long as short |
| Deribit TIA_USDC-PERPETUAL | 0.0000% | 1h | 0.4327 | +0.070% | $30K | $27K | 25x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4327 | +0.077% | $1K | — | 150x | as long as short |
| ApeX Omni TIAUSDT | +0.0085% | 1h | 0.4325 | +0.024% | $49K | $236K | 50x | as long as short |
| Bybit TIAUSDT | +0.0094% | 4h | 0.4323 | −0.022% | $9.5M | $13.2M | 50x | as long as short |
| Variational Omni TIAlong | +0.0095% | 4h | 0.4324 | long leg | $101K | $84K | — | |
| Lighter TIA | +0.0096% | 1h | 0.4328 | +0.098% | $128K | $351K | 10x | as long as short |
Kraken Futures PF_TIAUSD
OKX TIA-USDT-SWAP
KuCoin TIAUSDTM
Gate TIA_USDT
Deribit TIA_USDC-PERPETUAL
gTrade (Gains Network) TIA/USD
ApeX Omni TIAUSDT
Bybit TIAUSDT
Lighter TIAShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0097% | 4h | 0.4325 | +0.024% | $5K | $362K | 10x | as long as short |
| Hyperliquid TIAshort | +0.0100% | 1h | 0.4330 | +0.149% | $4.2M | $1.5M | 5x | |
| Aster TIAUSDT | +0.0100% | 4h | 0.4327 | +0.070% | $34K | $267K | 10x | as long as short |
| Binance TIAUSDT | +0.0100% | 4h | 0.4325 | +0.024% | $14.6M | $41.9M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4324 | +0.001% | $14.0M | $6.7M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4324 | +0.001% | $4.5M | $3.5M | 75x | as long as short |
| BingX TIA-USDT | +0.0100% | 4h | 0.4323 | −0.022% | — | $99.0M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4327 | +0.075% | $100K | $149K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4326 | +0.047% | $65K | $42K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4322 | −0.051% | $57K | $170K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4325 | +0.033% | $7K | — | 3x | as long as short |
| Injective TIA/USDC PERP | +0.0106% | 1h | 0.4333 | +0.209% | $26K | $10K | 12x | as long as short |
| Reya TIARUSDPERP | +0.0179% | 1h | 0.4322 | −0.045% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0216% | 1h | 0.4339 | +0.348% | $47K | $74K | 50x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4323 | −0.022% | $1.1M | $548K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4327 | +0.072% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0732% | 1h | 0.4327 | +0.080% | $51K | $59 | 10x | as long as short |
Orderly PERP_TIA_USDC
Aster TIAUSDT
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDT
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Aevo TIA-PERP
Injective TIA/USDC PERP
Reya TIARUSDPERP
Coinbase International TIA-PERP-INTX
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]
dYdX TIA-USD