A delta-neutral position would go long on Variational (+1.77%) and short on Hyperliquid (+10.95%), collecting roughly 9.2% 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 |
|---|---|---|---|---|---|---|---|---|
| NEO | $2.08 | +10.95% | +0.0013% | 1h | $409K 196.5K NEO | $42.2K | 5× | |
Sampled continuously and bucketed to four hours.
| NEO |
| $2.08 |
| +1.77% |
| +0.0002% |
| 1h |
| $23.3K |
| $4.1K |
| 20× |