Funding you earn now, next payment 00:00 UTC+0.0423%/8h= +46.3% APRpaid last 24h +0.051%
Price spread now: Hyperliquid against Variational Omni+0.423%7-day average +0.106% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.089%+$9 on $10k
+Price spread, last 7 days−0.401%−$40 · spread now +0.423%, 7d avg +0.106%
=Together, before fees−0.312%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Hyperliquid is 0.317% dearer against Variational Omni than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.106%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.089% in total (about 9.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni WLD | 0.4567 | 0.0100 | pay 0.0100% / 8h | 2m 33s | $2.0M | $1.7M | — |
| Short | Hyperliquid WLD | 0.4586 | 0.0523 | get 0.0065% / 1h | 2m 33s | $50.9M | $43.6M | 10x |
Variational Omni WLD
Hyperliquid WLDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Variational Omni. 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
- $88.84
- Price spread: +0.423% → +0.106%
- $31.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $111.52
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Hyperliquid: live order book, 11 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 Variational Omni RFQ quote, 2 min ago | 4.36 bp | doesn't fit | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 1.96 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
WLD on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0185% | 8h | 0.4579 | +0.265% | $70K | $3.9M | 1.7x | as long as short |
| dYdX WLD-USD | 0.0000% | 1h | 0.4579 | +0.272% | $163K | $13K | 10x | as long as short |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4580 | +0.287% | $122K | $897K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4580 | +0.292% | $56K | — | 150x | as long as short |
| KuCoin WLDUSDTM | +0.0004% | 8h | 0.4575 | +0.178% | $7.0M | $11.0M | 50x | as long as short |
| Orderly PERP_WLD_USDC | +0.0038% | 8h | 0.4579 | +0.265% | $28K | $906K | 10x | as long as short |
| Nado WLD-PERP | +0.0040% | 1h | 0.4576 | +0.200% | $276K | $169K | 5x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4579 | +0.264% | $192K | $1.0M | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4578 | +0.254% | $54K | $487K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4573 | +0.130% | $86.5M | $303.7M | 75x | as long as short |
Kalshi KXWLDPERP
dYdX WLD-USD
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
KuCoin WLDUSDTM
Orderly PERP_WLD_USDC
Nado WLD-PERP
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDTShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit WLDUSDT | +0.0100% | 8h | 0.4572 | +0.112% | $65.8M | $82.8M | 50x | as long as short |
| OKX WLD-USDT-SWAP | +0.0100% | 8h | 0.4571 | +0.090% | $34.3M | $143.2M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4576 | +0.200% | $7.5M | $36.0M | 75x | as long as short |
| MEXC WLD_USDT | +0.0100% | 8h | 0.4576 | +0.200% | $45.7M | $53.4M | 300x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4574 | +0.156% | $30.3M | $26.1M | 75x | as long as short |
| BingX WLD-USDC | +0.0100% | 8h | 0.4576 | +0.200% | — | $1.3M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4581 | +0.305% | $136K | $283K | 10x | as long as short |
| Variational Omni WLDlong | +0.0100% | 8h | 0.4567 | long leg | $2.0M | $1.7M | — | |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4574 | +0.149% | $27K | $317K | 20x | as long as short |
| GRVT WLD_USDT_Perp | +0.0100% | 8h | 0.4581 | +0.311% | $608K | $1.9M | 10x | as long as short |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4574 | +0.156% | $55K | $229K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4582 | +0.322% | $48K | $1.6M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4585 | +0.397% | $23K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4579 | +0.265% | $219 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4577 | +0.222% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4577 | +0.222% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4572 | +0.104% | $231K | $847K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4581 | +0.309% | $31K | $5K | 3x | as long as short |
| Phoenix WLD | +0.0104% | 1h | 0.4580 | +0.276% | $5K | $53K | 10x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4579 | +0.262% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0220% | 8h | 0.4582 | +0.331% | $4.8M | $823K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0229% / S −0.1268% | 1h | 0.4579 | +0.256% | $5K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0264% | 1h | 0.4576 | +0.195% | $327 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0373% | 1h | 0.4585 | +0.397% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0440% | 1h | 0.4588 | +0.462% | $272K | $1.6M | 50x | as long as short |
| Hyperliquid WLDshort | +0.0523% | 1h | 0.4586 | +0.423% | $50.9M | $43.6M | 10x | |
| Kraken Futures PF_WLDUSD | +0.0718% | 1h | 0.4582 | +0.340% | $903K | $2.7M | 50x | as long as short |
| Lighter WLD | +0.1280% | 1h | 0.4588 | +0.465% | $5.2M | $2.0M | 10x | as long as short |
Bybit WLDUSDT
OKX WLD-USDT-SWAP
Gate WLD_USDT
MEXC WLD_USDT
Bitget WLDUSDT
BingX WLD-USDC
Backpack WLD_USDC_PERP
edgeX WLDUSDC
GRVT WLD_USDT_Perp
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
Aevo WLD-PERP
Phoenix WLD
Reya WLDRUSDPERP
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Kraken Futures PF_WLDUSD
Lighter WLD