Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.122%
Price spread now: Variational Omni against Hyperliquid−0.569%7-day average −0.228% · 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)−0.184%−$18 on $10k
+Price spread, last 3 days (all we have)+0.732%+$73 · spread now −0.569%, 7d avg −0.228%
=Together, before fees+0.548%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$55 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 0.342% cheaper against Hyperliquid than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.228%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02598 | 0.0100 | pay 0.0013% / 1h | 36m 57s | $35.0M | $7.5M | 5x |
| Short | Variational Omni MON | 0.02584 | 0.0100 | get 0.0100% / 8h | 2h 36m | $777K | $405K | — |
Hyperliquid MON
Variational Omni MONFunding 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
- $0
- Price spread: −0.569% → −0.228%
- −$34.16
- 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
- −$43.16
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Variational Omni: RFQ quote, 52 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, 6 min ago | 0.96 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 52 min ago | 9.70 bp | doesn't fit | 141.6 bp −$1,416 | doesn't fit | doesn't fit |
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0739% | 1h | 0.02587 | −0.435% | $6K | $107 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0327% | 1h | 0.02598 | 0.000% | $63K | $110K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0240% | 1h | 0.02596 | −0.089% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02587 | −0.427% | $13K | $384K | 5x | as long as short |
| Bybit MONUSDT | +0.0005% | 8h | 0.02594 | −0.165% | $21.6M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02597 | −0.050% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02595 | −0.138% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02598 | −0.012% | $851K | $753K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02597 | −0.059% | $364K | $534K | 10x | as long as short |
| Hyperliquid MONlong | +0.0100% | 1h | 0.02598 | long leg | $35.0M | $7.5M | 5x |
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02596 | −0.085% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02597 | −0.033% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02594 | −0.158% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02596 | −0.074% | $24.7M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02594 | −0.165% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02581 | −0.673% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02598 | −0.012% | $1.0M | $929K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02597 | −0.050% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MONshort | +0.0100% | 8h | 0.02584 | −0.569% | $777K | $405K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02584 | −0.535% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02588 | −0.395% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02587 | −0.435% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02595 | −0.127% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02598 | −0.023% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02598 | −0.031% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0131% | 1h | 0.02599 | +0.010% | $268K | $67K | 10x | as long as short |
| BloFin MON-USDT | +0.0155% | 4h | 0.02594 | −0.165% | $1.4M | $243K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0253% | 1h | 0.02598 | −0.019% | $138K | $137K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02599 | +0.038% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0290% | 1h | 0.02589 | −0.373% | $2K | $73K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0344% | 4h | 0.02604 | +0.219% | $3.2M | $745K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02597 | −0.035% | $146K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02604 | +0.235% | $115K | $51K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
BloFin MON-USDT
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
KuCoin MONUSDTM
Perpl MON
Coinbase International MON-PERP-INTX