Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Variational Omni against Hyperliquid−0.954%7-day average −0.242% · 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)−0.041%−$4 on $10k
+Price spread, last 3 days (all we have)+0.807%+$81 · spread now −0.954%, 7d avg −0.242%
=Together, before fees+0.765%+ Points / potential airdropHyperliquid: Season 2 · Variational Omni: Active · farm board+$77 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 0.711% cheaper against Hyperliquid than usual: you would sell low and buy high, −$71 on $10k if it goes back to its 7-day average of −0.242%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZORA | 0.008578 | 0.0100 | pay 0.0013% / 1h | 12m 14s | $1.6M | $315K | 3x |
| Short | Variational Omni ZORA | 0.008496 | 0.0100 | get 0.0050% / 4h | 3h 12m | $126K | $26K | — |
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 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: −0.954% → −0.242%
- −$71.13
- 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
- −$80.13
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Variational Omni: RFQ quote, 62 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, 8 min ago | 3.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 62 min ago | 5.34 bp | doesn't fit | 69.4 bp −$694 | doesn't fit | doesn't fit |
ZORA on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZORA-USD | 0.0000% | 1h | 0.008556 | −0.251% | $315 | $5 | 5x | as long as short |
| BingX ZORA-USDT | +0.0070% | 4h | 0.008557 | −0.245% | — | $6.6M | — | as long as short |
| Lighter ZORA | +0.0096% | 1h | 0.008548 | −0.350% | $22K | $11K | 3x | as long as short |
| Hyperliquid ZORAlong | +0.0100% | 1h | 0.008578 | long leg | $1.6M | $315K | 3x | |
| Aster ZORAUSDT | +0.0100% | 4h | 0.008562 | −0.188% | $26K | $26K | 5x | as long as short |
| Binance ZORAUSDT | +0.0100% | 4h | 0.008561 | −0.193% | $2.5M | $4.0M | 50x | as long as short |
| Bybit ZORAUSDT | +0.0100% | 4h | 0.008550 | −0.326% | $2.4M | $1.7M | 25x | as long as short |
| OKX ZORA-USDT-SWAP | +0.0100% | 4h | 0.008553 | −0.291% | $780K | $1.0M | 10x | as long as short |
| Gate ZORA_USDT | +0.0100% | 4h | 0.008550 | −0.326% | $156K | $77K | 25x | as long as short |
| MEXC ZORA_USDT | +0.0100% | 4h | 0.008564 | −0.163% | $10.0M | $229K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZORAUSDTM | +0.0100% | 4h | 0.008558 | −0.233% | $789K | $1.3M | 30x | as long as short |
| Bitget ZORAUSDT | +0.0100% | 4h | 0.008562 | −0.187% | $734K | $215K | 25x | as long as short |
| Backpack ZORA_USDC_PERP | +0.0100% | 1h | 0.008565 | −0.152% | $33K | $116K | 10x | as long as short |
| Variational Omni ZORAshort | +0.0100% | 4h | 0.008496 | −0.954% | $126K | $26K | — | |
| SunX ZORA-USDT | +0.0100% | 4h | 0.008750 | +2.005% | $2K | $1.3M | 20x | as long as short |
| Extended ZORA-USD | +0.0104% | 1h | 0.008558 | −0.232% | $6K | $167K | 5x | as long as short |
| GMX ZORA/USD [ETH-USDC] | L +0.0231% / S −0.0433% | 1h | 0.008557 | −0.245% | $1K | — | 100x | as long as short |
Hyperliquid ZORA
Variational Omni ZORA
BingX ZORA-USDT
Lighter ZORA
Aster ZORAUSDT
Binance ZORAUSDT
Bybit ZORAUSDT
OKX ZORA-USDT-SWAP
Gate ZORA_USDT
MEXC ZORA_USDT
KuCoin ZORAUSDTM
Bitget ZORAUSDT
Backpack ZORA_USDC_PERP
SunX ZORA-USDT
Extended ZORA-USD
GMX ZORA/USD [ETH-USDC]