Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.054%
Price spread now: Variational Omni against Hyperliquid+0.342%7-day average −0.185% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.119%−$12 on $10k
Price spread, last 3 days (all we have)−0.586%−$59 · spread now +0.342%, 7d avg −0.185%
Together, before fees−0.705%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board−$71 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.527% dearer against Hyperliquid than usual: you sell high and buy low, +$53 on $10k if it goes back to its 7-day average of −0.185%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid CC0.11750.0100pay 0.0013% / 1h53m 36s$5.5M$1.4M3x
ShortVariational Omni CC0.11790.0100get 0.0050% / 4h2h 53m$601K$55K

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.342% → −0.185%
$52.73
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
$43.73
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 8 min ago; Variational Omni: RFQ quote, 15 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago0.84 bp9.5 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 15 min ago12.55 bpdoesn't fit338.8 bp −$3,388doesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3556%1h0.1184+0.800%$6K$965.5xas long as short
Bybit CCUSDT−0.0514%4h0.1174−0.051%$10.7M$3.8M25xas long as short
MEXC CC_USDT−0.0480%4h0.1172−0.187%$1.6M$313K100xas long as short
Gate CC_USDT+0.0076%4h0.1173−0.145%$362K$214K50xas long as short
Paradex CC-USD-PERP+0.0082%8h0.1173−0.141%$1K5xas long as short
Hyperliquid CClong+0.0100%1h0.1175long leg$5.5M$1.4M3x
Aster CCUSDT+0.0100%4h0.1173−0.162%$35K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1174−0.068%$11.1M$11.9M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1175+0.043%$2.5M$3.5M20xas long as short
KuCoin CCUSDTM+0.0100%4h0.1174−0.077%$494K$120K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1173−0.094%$924K$801K20xas long as short
BingX CC-USDT+0.0100%4h0.1174−0.077%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1172−0.204%$15K$22K10xas long as short
Variational Omni CCshort+0.0100%4h0.1179+0.342%$601K$55K
GRVT CC_USDT_Perp+0.0100%4h0.1172−0.238%$81K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1170−0.395%$6K$36K6.7xas long as short
Lighter CC+0.0192%1h0.1177+0.230%$233K$150K5xas long as short
BloFin CC-USDT+0.0340%4h0.1171−0.341%$592K$101K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0448% / S −0.0241%1h0.1172−0.201%$44K50xas long as short