Funding you earn now, next payment 05:00 UTC−0.0579%/8h= −63.5% APRpaid last 24h −0.178%
Price spread now: Variational Omni against Hyperliquid−0.176%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Variational Omni is 0.176% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CFX | 0.05350 | 0.0679 | pay 0.0085% / 1h | 32m 06s | $3.2M | $360K | 5x |
| Short | Variational Omni CFX | 0.05341 | 0.0100 | get 0.0100% / 8h | 3h 32m | $37K | $50K | — |
Hyperliquid CFX
Variational Omni CFXFunding 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
- −$121.69
- Price spread: −0.176% → 0.000%
- −$17.63
- 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
- −$148.33
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Variational Omni: no order-book sample. 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 | 2.62 bp | 23.4 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05338 | −0.223% | $5K | $42K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05338 | −0.223% | $5.3M | $9.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05344 | −0.112% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05337 | −0.243% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05337 | −0.243% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05340 | −0.187% | $3.2M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05338 | −0.224% | $805K | $302K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05339 | −0.206% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05337 | −0.243% | — | $20.1M | — | as long as short |
| Variational Omni CFXshort | +0.0100% | 8h | 0.05341 | −0.176% | $37K | $50K | — |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05345 | −0.101% | $507K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05337 | −0.235% | $2K | $268K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0208% | 1h | 0.05349 | −0.019% | $41K | $121K | 50x | as long as short |
| Kraken Futures PF_CFXUSD | +0.0578% | 1h | 0.05340 | −0.186% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFXlong | +0.0679% | 1h | 0.05350 | long leg | $3.2M | $360K | 5x | |
| Deribit CFX_USDC-PERPETUAL | +0.2185% | 1h | 0.05351 | +0.019% | $141 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL