Funding you earn now, next payment 05:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h +0.059%
Price spread now: Hyperliquid against Variational Omni+0.227%7-day average +0.110% · 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)+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.227%, 7d avg +0.110%
=Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.118% dearer against Variational Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XLM | 0.2146 | 0.0100 | pay 0.0100% / 8h | 3h 50m | $257K | $1.3M | — |
| Short | Hyperliquid XLM | 0.2151 | 0.0209 | get 0.0026% / 1h | 50m 04s | $12.4M | $6.3M | 5x |
Variational Omni XLM
Hyperliquid XLMFunding 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
- $22.88
- Price spread: +0.227% → +0.110%
- $11.75
- 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
- $25.63
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Hyperliquid: live order book, 2 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, 4 min ago | 7.01 bp | doesn't fit | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 0.70 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XLM on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2147 | +0.064% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.984% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2152 | +0.274% | $373K | $962K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2148 | +0.097% | $571K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2150 | +0.175% | $55.1M | $156.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2149 | +0.111% | $43.5M | $45.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2150 | +0.162% | $12.6M | $43.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2148 | +0.101% | $4.0M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2150 | +0.162% | $23.8M | $26.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2149 | +0.120% | $14.2M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2149 | +0.125% | $26.0M | $21.9M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2149 | +0.148% | — | $7.3M | — | as long as short |
| Variational Omni XLMlong | +0.0100% | 8h | 0.2146 | long leg | $257K | $1.3M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2146 | +0.004% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2147 | +0.050% | $594K | $605K | 10x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2148 | +0.087% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2146 | −0.015% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2149 | +0.115% | $585 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2150 | +0.195% | $198K | $254K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2149 | +0.120% | $9.1M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2147 | +0.062% | $191K | $1.8M | 10x | as long as short |
| dYdX XLM-USD | +0.0169% | 1h | 0.2152 | +0.252% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2149 | +0.130% | $2.6M | $2.7M | 50x | as long as short |
| ApeX Omni XLMUSDT | +0.0194% | 1h | 0.2148 | +0.069% | $172K | $258K | 50x | as long as short |
| Hyperliquid XLMshort | +0.0209% | 1h | 0.2151 | +0.227% | $12.4M | $6.3M | 5x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2145 | −0.057% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2141 | −0.234% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2149 | +0.125% | $250K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0521% / S −0.0247% | 1h | 0.2147 | +0.056% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0721% | 1h | 0.2150 | +0.171% | $127K | $292K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0961% | 1h | 0.2150 | +0.167% | $533K | $153K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
dYdX XLM-USD
Kraken Futures PF_XLMUSD
ApeX Omni XLMUSDT
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL