A delta-neutral position would go long on Hyperliquid (-3.42%) and short on Variational (+10.95%), collecting roughly 14.4% APR before fees, slippage and margin costs.
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 |
|---|---|---|---|---|---|---|---|---|
| IOTA | $0.0398 | -3.42% | -0.0004% | 1h | $697K 17.50M IOTA | $66.1K | 3× | |
Sampled continuously and bucketed to four hours.
| IOTA |
| $0.0398 |
| +10.95% |
| +0.0013% |
| 1h |
| $10.9K |
| $0 |
| 20× |