Funding you earn now, next payment 03:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.007%
Price spread now: Variational Omni against Hyperliquid−0.028%7-day average −0.008% · 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)+0.005%$0 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now −0.028%, 7d avg −0.008%
=Together, before fees−0.005%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ADA | 0.2481 | 0.0134 | pay 0.0017% / 1h | 16m 00s | $43.1M | $14.4M | 10x |
| Short | Variational Omni ADA | 0.2480 | 0.0100 | get 0.0100% / 8h | 5h 16m | $4.3M | $1.1M | — |
Hyperliquid ADA
Variational Omni ADAFunding 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
- −$7.06
- Price spread: −0.028% → −0.008%
- −$1.91
- 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
- −$17.97
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; Variational Omni: RFQ quote, 3 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, 7 min ago | 0.80 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 8.05 bp | doesn't fit | 12.1 bp −$121 | doesn't fit | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2479 | −0.060% | $204K | $3K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2480 | −0.014% | $85K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −0.391% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0056% | 1h | 0.2480 | −0.028% | $413K | $7.7M | 50x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2481 | +0.017% | $1.2M | $999K | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2481 | −0.007% | $159K | $162K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2479 | −0.058% | $105.4M | $371.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2479 | −0.069% | $72.3M | $110.5M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2480 | −0.028% | $33.0M | $107.0M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2478 | −0.109% | $99.7M | $60.5M | 75x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ADA_USDT | +0.0100% | 8h | 0.2480 | −0.028% | $59.2M | $60.4M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2480 | −0.040% | $29.9M | $16.0M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2479 | −0.069% | $66.5M | $49.4M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2479 | −0.069% | — | $6.5M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2480 | −0.036% | $139K | $433K | 15x | as long as short |
| Variational Omni ADAshort | +0.0100% | 8h | 0.2480 | −0.028% | $4.3M | $1.1M | — | |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2487 | +0.235% | $66K | $284K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2486 | +0.203% | $294K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2496 | +0.617% | $230K | $736K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2479 | −0.052% | $95K | $678K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2481 | +0.012% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2482 | +0.035% | $40K | $2K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2481 | +0.012% | $9K | $746K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2481 | +0.008% | $341 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2480 | −0.017% | $1.3M | $6.2M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2481 | +0.012% | $48.3M | $6.5M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0102% | 8h | 0.2480 | −0.028% | $160K | $6.3M | 3.2x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2480 | −0.014% | $539K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0110% | 8h | 0.2481 | −0.003% | $21K | $250 | 20x | as long as short |
| Hyperliquid ADAlong | +0.0134% | 1h | 0.2481 | long leg | $43.1M | $14.4M | 10x | |
| Phoenix ADA | +0.0163% | 1h | 0.2486 | +0.206% | $4K | $90K | 10x | as long as short |
| Lighter ADA | +0.0184% | 1h | 0.2482 | +0.040% | $2.4M | $1.1M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2482 | +0.052% | $4.5M | $5.8M | 75x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0259% | 1h | 0.2480 | −0.024% | $6.3M | $12.7M | 50x | as long as short |
| Reya ADARUSDPERP | +0.0279% | 1h | 0.2480 | −0.029% | $1K | — | 15x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0486% / S −0.0279% | 1h | 0.2481 | −0.001% | $109K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0597% | 1h | 0.2482 | +0.069% | $586K | $442K | 50x | as long as short |
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Kalshi KXADAPERP
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
Lighter ADA
BloFin ADA-USDT
Kraken Futures PF_ADAUSD
Reya ADARUSDPERP
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL