Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.009%
Price spread now: Variational Omni against Hyperliquid−0.268%7-day average −0.053% · 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)−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.217%+$22 · spread now −0.268%, 7d avg −0.053%
=Together, before fees+0.215%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.215% cheaper against Hyperliquid than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ATOM | 1.8112 | 0.0100 | pay 0.0013% / 1h | 51m 41s | $2.8M | $901K | 5x |
| Short | Variational Omni ATOM | 1.8063 | −0.0016 | pay 0.0016% / 8h | 1h 51m | $577K | $18K | — |
Hyperliquid ATOM
Variational Omni ATOMFunding 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
- −$24.26
- Price spread: −0.268% → −0.053%
- −$21.49
- 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
- −$54.75
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Variational Omni: RFQ quote, 32 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, 9 min ago | 1.39 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 32 min ago | 5.48 bp | doesn't fit | 29.9 bp −$299 | doesn't fit | doesn't fit |
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ATOM_USDC-PERPETUAL | −0.0192% | 1h | 1.8091 | −0.116% | $497 | $10K | 25x | as long as short |
| OKX ATOM-USDT-SWAP | −0.0066% | 8h | 1.8090 | −0.121% | $5.2M | $5.1M | 50x | as long as short |
| Variational Omni ATOMshort | −0.0016% | 8h | 1.8063 | −0.268% | $577K | $18K | — | |
| dYdX ATOM-USD | 0.0000% | 1h | 1.8108 | −0.020% | $63K | $4K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.8094 | −0.099% | $9K | — | 150x | as long as short |
| Bybit ATOMUSDT | +0.0004% | 8h | 1.8094 | −0.099% | $15.2M | $10.4M | 75x | as long as short |
| Coinbase International ATOM-PERP-INTX | +0.0032% | 1h | 1.8190 | +0.431% | $26K | $12K | 25x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0100% | 1h | 1.8112 | +0.002% | $3.1M | $669K | 50x | as long as short |
| Hyperliquid ATOMlong | +0.0100% | 1h | 1.8112 | long leg | $2.8M | $901K | 5x | |
| Aster ATOMUSDT | +0.0100% | 8h | 1.8104 | −0.046% | $985K | $235K | 20x | as long as short |
Deribit ATOM_USDC-PERPETUAL
OKX ATOM-USDT-SWAP
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Bybit ATOMUSDT
Coinbase International ATOM-PERP-INTX
Kraken Futures PF_ATOMUSD
Aster ATOMUSDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.8109 | −0.018% | $21.6M | $30.4M | 75x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.8090 | −0.121% | $2.5M | $828K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.8100 | −0.066% | $9.1M | $2.8M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.8110 | −0.011% | $1.6M | $824K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.8103 | −0.050% | $6.8M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.8090 | −0.121% | — | $24.6M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.8090 | −0.123% | $445K | $293K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.8080 | −0.177% | $771K | $3.0M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.8085 | −0.149% | $309K | $178K | 75x | as long as short |
| Phemex ATOMUSDT | +0.0100% | 8h | 1.8090 | −0.121% | $1.6M | $1.9M | 50x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.8108 | −0.023% | $6K | $184K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0113% | 8h | 1.8100 | −0.066% | $1.1M | $325K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0143% | 1h | 1.8110 | −0.011% | $661 | $233K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC] | L +0.0201% / S −0.1956% | 1h | 1.8101 | −0.060% | $3K | — | 120x | as long as short |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.8078 | −0.186% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Phemex ATOMUSDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
GMX ATOM/USD [ETH-USDC]
Reya ATOMRUSDPERP