Funding you earn now, next payment 04:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.103%
Price spread now: Hyperliquid against Variational Omni−0.138%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Hyperliquid is 0.138% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.138% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.7 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZEN | 7.5732 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $50K | $85K | — |
| Short | Hyperliquid ZEN | 7.5627 | 0.0272 | get 0.0034% / 1h | 48m 58s | $2.4M | $1.3M | 5x |
Variational Omni ZEN
Hyperliquid ZENFunding 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
- $36.02
- Price spread: −0.138% → 0.000%
- −$13.83
- 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
- $13.19
- Costs to cover
- 0.090%
- Break-even
- 4.4 days
Slippage unknown: Variational Omni: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 2 min ago | 1.58 bp | 13.2 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.
ZEN on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZENUSDT | −0.0175% | 1h | 7.5870 | +0.183% | $26K | $689K | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.5767 | +0.047% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0097% | 4h | 7.5500 | −0.306% | $2.2M | $5.4M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.5520 | −0.280% | $52K | $374K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.5532 | −0.264% | $11.0M | $30.1M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.5490 | −0.319% | $4.4M | $5.9M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.5460 | −0.359% | $11.5M | $5.0M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.5430 | −0.398% | $4.0M | $4.4M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.5520 | −0.280% | $2.8M | $3.2M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.5450 | −0.372% | — | $3.2M | — | as long as short |
ApeX Omni ZENUSDT
dYdX ZEN-USD
OKX ZEN-USDT-SWAP
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZENlong | +0.0100% | 8h | 7.5732 | long leg | $50K | $85K | — | |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6070 | +0.447% | $574K | $2.0M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.5500 | −0.306% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.5514 | −0.288% | $24K | $142K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.5500 | −0.306% | $836K | $1.6M | 75x | as long as short |
| Hyperliquid ZENshort | +0.0272% | 1h | 7.5627 | −0.138% | $2.4M | $1.3M | 5x | |
| Kraken Futures PF_ZENUSD | +0.3132% | 1h | 7.5674 | −0.076% | $495K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD