Funding you earn now, next payment 20:00 UTC+0.0290%/8hpaid last 24h +0.042%
Price spread now: Hyperliquid against Variational Omni+0.250%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.250% dearer against Variational Omni than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni WIF | 0.2357 | −0.0190 | get 0.0095% / 4h | 34m 16s | $67K | $50K | — |
| Short | Hyperliquid WIF | 0.2362 | 0.0100 | get 0.0013% / 1h | 34m 16s | $7.0M | $3.5M | 5x |
Variational Omni WIF
Hyperliquid WIFFunding 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
- $60.97
- Price spread: +0.250% → 0.000%
- $24.99
- 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
- $76.96
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 5 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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 5 min ago | 2.11 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
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.
WIF on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective WIF/USDC PERP | −0.0650% | 1h | 0.2445 | +3.755% | $11K | $30K | 12x | as long as short |
| Backpack WIF_USDC_PERP | −0.0568% | 1h | 0.2359 | +0.093% | $69K | $233K | 10x | as long as short |
| Variational Omni WIFlong | −0.0190% | 4h | 0.2357 | long leg | $67K | $50K | — | |
| Bybit WIFUSDT | −0.0050% | 4h | 0.2360 | +0.161% | $16.5M | $33.8M | 50x | as long as short |
| Gate WIF_USDT | −0.0040% | 4h | 0.2359 | +0.106% | $1.2M | $6.8M | 50x | as long as short |
| ApeX Omni WIFUSDT | −0.0022% | 1h | 0.2365 | +0.360% | $40K | $611K | 25x | as long as short |
| Aster WIFUSDT | −0.0004% | 4h | 0.2357 | +0.008% | $25K | $241K | 10x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2360 | +0.148% | $18K | $582 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2363 | +0.275% | $45K | $290K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2361 | +0.184% | $14K | — | 150x | as long as short |
Injective WIF/USDC PERP
Backpack WIF_USDC_PERP
Bybit WIFUSDT
Gate WIF_USDT
ApeX Omni WIFUSDT
Aster WIFUSDT
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WIFUSDTM | +0.0020% | 4h | 0.2360 | +0.148% | $4.2M | $10.7M | 75x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0041% / S +0.0020% | 1h | 0.2360 | +0.154% | $4K | — | 100x | as long as short |
| Orderly PERP_WIF_USDC | +0.0087% | 4h | 0.2359 | +0.106% | $4K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2363 | +0.258% | $139K | $516K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2358 | +0.063% | $52K | $482K | 20x | as long as short |
| Hyperliquid WIFshort | +0.0100% | 1h | 0.2362 | +0.250% | $7.0M | $3.5M | 5x | |
| Pacifica WIF | +0.0100% | 1h | 0.2359 | +0.117% | $74K | $45K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2361 | +0.173% | $17.7M | $96.0M | 75x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2361 | +0.190% | $6.2M | $29.1M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2361 | +0.190% | $21.2M | $10.5M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2362 | +0.233% | $7.2M | $11.1M | 50x | as long as short |
| BingX WIF-USDT | +0.0100% | 4h | 0.2360 | +0.148% | — | $64.4M | — | as long as short |
| GRVT WIF_USDT_Perp | +0.0100% | 4h | 0.2361 | +0.190% | $272K | $1.5M | 10x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2355 | −0.064% | $2K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2359 | +0.127% | $529 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2357 | +0.021% | $164K | $704K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2361 | +0.206% | $9K | $152K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2360 | +0.151% | $79K | $85 | 3x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0296% | 1h | 0.2363 | +0.275% | $326K | $2.2M | 50x | as long as short |
| BloFin WIF-USDT | +0.0340% | 4h | 0.2358 | +0.063% | $1.0M | $675K | 75x | as long as short |
| Kraken Futures PF_WIFUSD | +0.0355% | 1h | 0.2363 | +0.297% | $641K | $2.0M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2359 | +0.107% | $0 | — | 15x | as long as short |
KuCoin WIFUSDTM
GMX WIF/USD [WBTC.b-USDC]
Orderly PERP_WIF_USDC
Lighter WIF
Popdex WIFUSDT
Pacifica WIF
Binance WIFUSDT
OKX WIF-USDT-SWAP
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDT
GRVT WIF_USDT_Perp
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
Coinbase International WIF-PERP-INTX
BloFin WIF-USDT
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP