Funding you earn now, next payment 09:00 UTC−0.0456%/8h= −50.0% APRpaid last 24h −0.033%
Price spread now: Variational Omni against Hyperliquid−0.214%7-day average −0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.226%−$23 on $10k
+Price spread, last 7 days+0.167%+$17 · spread now −0.214%, 7d avg −0.064%
=Together, before fees−0.059%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Variational Omni is 0.150% cheaper against Hyperliquid than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AERO | 0.6896 | 0.0556 | pay 0.0070% / 1h | 58m 55s | $22.7M | $5.3M | 3x |
| Short | Variational Omni AERO | 0.6881 | 0.0100 | get 0.0050% / 4h | 3h 58m | $2.0M | $1.2M | — |
Funding 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
- −$95.81
- Price spread: −0.214% → −0.064%
- −$15.01
- 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
- −$119.82
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 4 min ago; Variational Omni: RFQ quote, 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 Hyperliquid live order book, 4 min ago | 0.36 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 3.63 bp | doesn't fit | 31.2 bp −$312 | doesn't fit | doesn't fit |
AERO on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AERO-PERP-INTX | −0.0280% | 1h | 0.6450 | −6.465% | $82K | $36K | 25x | as long as short |
| Deribit AERO_USDC-PERPETUAL | 0.0000% | 1h | 0.6884 | −0.172% | $55K | $11K | 10x | as long as short |
| Injective AERO/USDC PERP | +0.0033% | 1h | 0.6902 | +0.089% | $4 | $209K | 5.5x | as long as short |
| Aster AEROUSDT | +0.0100% | 4h | 0.6888 | −0.114% | $42K | $127K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6890 | −0.085% | $25.9M | $25.1M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6889 | −0.099% | $22.5M | $18.0M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6898 | +0.031% | $2.3M | $5.9M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6885 | −0.157% | $1.6M | $462K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6890 | −0.085% | $8.4M | $1.4M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6885 | −0.157% | $2.0M | $1.1M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6884 | −0.172% | $4.0M | $1.9M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6889 | −0.099% | — | $1.8M | — | as long as short |
| Variational Omni AEROshort | +0.0100% | 4h | 0.6881 | −0.214% | $2.0M | $1.2M | — | |
| Extended AERO-USD | +0.0104% | 1h | 0.6887 | −0.131% | $207K | $1.4M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6884 | −0.179% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6883 | −0.185% | $19K | $4K | 15x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6884 | −0.172% | $940K | $576K | 25x | as long as short |
| 01 Exchange AEROUSD | +0.0408% | 1h | 0.6889 | −0.092% | $187 | $101 | 3x | as long as short |
| RISEx AERO/USDC | +0.0503% | 1h | 0.6886 | −0.143% | $203K | $547K | 3x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0518% / S −0.0255% | 1h | 0.6882 | −0.202% | $90K | — | 100x | as long as short |
| Hyperliquid AEROlong | +0.0556% | 1h | 0.6896 | long leg | $22.7M | $5.3M | 3x | |
| Backpack AERO_USDC_PERP | +0.0598% | 1h | 0.6890 | −0.088% | $93K | $261K | 15x | as long as short |
| Lighter AERO | +0.0944% | 1h | 0.6899 | +0.046% | $1.3M | $385K | 3x | as long as short |
Hyperliquid AERO
Variational Omni AERO
Coinbase International AERO-PERP-INTX
Deribit AERO_USDC-PERPETUAL
Injective AERO/USDC PERP
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTM
Bitget AEROUSDT
BingX AERO-USDT
Extended AERO-USD
BloFin AERO-USDT
01 Exchange AEROUSD
RISEx AERO/USDC
GMX AERO/USD [ETH-USDC]
Backpack AERO_USDC_PERP
Lighter AERO