Funding & Routing.
Delta-neutral funding spreads derived from our own per-venue funding captures. For side-aware execution costs across venues, use the aggregator.
Funding Spread Scanner
Cross-venue funding arbitrage, net of fee/borrow assumptions
LIVE
ASSETROUTESPREAD/8HNET APRLIQ 24HCONF
AIXBT
AIXBT
LONG Variational/SHORT Hyperliquid
89.3 bps975.5%$15KlowLong Variational (-994% ann.) vs short Hyperliquid (-16% ann.).
EBAY
eBay
LONG Variational/SHORT tradeXYZ
73.3 bps800.9%$112KlowLong Variational (-797% ann.) vs short tradeXYZ (5% ann.).
BX
Blackstone
LONG tradeXYZ/SHORT Variational
73.1 bps798.3%$12KlowLong tradeXYZ (-22% ann.) vs short Variational (779% ann.).
ORDI
ORDI
LONG Variational/SHORT Hyperliquid
66.4 bps725.2%$310lowLong Variational (-716% ann.) vs short Hyperliquid (11% ann.).
POL
POL (ex-MATIC)
LONG Variational/SHORT Hyperliquid
64.5 bps704.4%$140KlowLong Variational (-695% ann.) vs short Hyperliquid (11% ann.).
ZETA
ZetaChain
LONG Variational/SHORT Hyperliquid
60.9 bps664.9%-lowLong Variational (-799% ann.) vs short Hyperliquid (-132% ann.).