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

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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h −0.015%
Price spread now: Variational Omni against Hyperliquid−0.189%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.189% cheaper against Hyperliquid than usual: you would sell low and buy high, −$19 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid GMT0.0082720.0100pay 0.0013% / 1h45m 48s$121K$124K3x
ShortVariational Omni GMT0.0082560.0100get 0.0100% / 8h4h 45m$3K$5K

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: −0.189% → 0.000%
−$18.89
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
−$27.89
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago1.21 bp19.7 bp −$20doesn't fitdoesn't fitdoesn'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.

GMT on 12 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
Kraken Futures PF_GMTUSD−0.0281%1h0.008275+0.033%$47K$7K20xas long as short
Hyperliquid GMTlong+0.0100%1h0.008272long leg$121K$124K3x
Aster GMTUSDT+0.0100%4h0.008265−0.081%$8K$14K10xas long as short
Binance GMTUSDT+0.0100%4h0.008269−0.032%$2.6M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008266−0.073%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008271−0.012%$341K$555K20xas long as short
Gate GMT_USDT+0.0100%8h0.008260−0.145%$150K$117K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008268−0.048%$411K$179K20xas long as short
KuCoin GMTUSDTM+0.0100%4h0.008250−0.266%$257K$103K50xas long as short
Bitget GMTUSDT+0.0100%4h0.008267−0.060%$666K$428K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GMT-USDT+0.0100%4h0.008264−0.097%$1.2Mas long as short
Variational Omni GMTshort+0.0100%8h0.008256−0.189%$3K$5K