A delta-neutral position would go long on Hyperliquid (-0.26%) and short on Pacifica (+10.95%), collecting roughly 11.2% 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 |
|---|---|---|---|---|---|---|---|---|
| xyz:SP500 | $7,721 | -0.26% | -0.0000% | 1h | $410.66M 53.2K SP500 | $240.30M | 50× | |
Sampled continuously and bucketed to four hours.
| SP500 |
| $7,723 |
| +10.95% |
| +0.0013% |
| 1h |
| $368K 47.60 SP500 |
| $69.4K |
| 20× |