Funding is shown both as the venue quotes it and annualised, so venues on different settlement intervals line up.
| Venue | Market | Mark | Funding APR | Per hour | Next | Open interest | 24h vol | Max lev |
|---|---|---|---|---|---|---|---|---|
| IO | $0.1471 | -130% | -0.0149% | 1h | $668K 4.54M IO | $317K | 3× | |
Sampled continuously and bucketed to four hours.
A delta-neutral position would go long on Hyperliquid (-130%) and short on Variational (+10.95%), collecting roughly 141.3% APR before fees, slippage and margin costs.
| IOUSDT |
| $0.1473 |
| +5.48% |
| +0.0006% |
| 2h 45m |
| $89.2K 606.0K IO |
| $3.7K |
| - |
| IO | $0.1472 | +10.95% | +0.0013% | 1h | $42.4K | $1.1K | 20× |
| IO-USD | $0.1470 | +1.75% | +0.0002% | 45m | $733 5.0K IO | $382K | 5× |
| IOUSDT | $0.1475 | +2.74% | +0.0003% | 45m | $47 318.00 IO | $259 | - |