Funding you earn now, next payment 22:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.346%
Price spread now: Hyperliquid against Injective+0.501%7-day average +0.309% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1291.286% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 3 days (all we have)−1.782%−$178 · spread now +0.501%, 7d avg +0.309%
=Together, before fees−1.494%+ Points / potential airdropHyperliquid: Season 2 · farm board−$149 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.193% dearer against Injective than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.309%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective APT/USDC PERP | 0.7780 | −0.0016 | get 0.0002% / 1h | 18m 50s | $2K | $200K | 12x |
| Short | Hyperliquid APT | 0.7819 | 0.0100 | get 0.0013% / 1h | 18m 50s | $5.9M | $5.1M | 10x |
Injective APT/USDC PERP
Hyperliquid APTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $24.28
- Price spread: +0.501% → +0.309%
- $19.25
- Slippage, 4 orders
- −$119.61
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$85.1
- Costs to cover
- 1.286%
- Break-even
- 31.5 days
Slippage from Injective: live order book, 5 min ago; Hyperliquid: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective live order book, 5 min ago | 51.09 bp | 51.1 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.64 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
APT on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange APTUSD | −0.0536% | 1h | 0.7828 | +0.617% | $2K | — | 5x | as long as short |
| Kraken Futures PF_APTUSD | −0.0361% | 1h | 0.7835 | +0.711% | $537K | $617K | 50x | as long as short |
| Deribit APT_USDC-PERPETUAL | −0.0133% | 1h | 0.7839 | +0.758% | $7K | $382K | 50x | as long as short |
| Variational Omni APT | −0.0093% | 8h | 0.7840 | +0.766% | $616K | $224K | — | as long as short |
| Orderly PERP_APT_USDC | −0.0016% | 8h | 0.7842 | +0.797% | $10K | $7K | 10x | as long as short |
| Injective APT/USDC PERPlong | −0.0016% | 1h | 0.7780 | long leg | $2K | $200K | 12x | |
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7839 | +0.760% | $22K | — | 150x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7835 | +0.707% | $429K | $350K | 10x | as long as short |
| Hyperliquid APTshort | +0.0100% | 1h | 0.7819 | +0.501% | $5.9M | $5.1M | 10x | |
| Aster APTUSDT | +0.0100% | 8h | 0.7830 | +0.642% | $306K | $454K | 20x | as long as short |
01 Exchange APTUSD
Kraken Futures PF_APTUSD
Deribit APT_USDC-PERPETUAL
Variational Omni APT
Orderly PERP_APT_USDC
gTrade (Gains Network) APT/USD
Lighter APT
Aster APTUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance APTUSDT | +0.0100% | 8h | 0.7813 | +0.424% | $28.8M | $96.3M | 75x | as long as short |
| Bybit APTUSDT | +0.0100% | 8h | 0.7810 | +0.386% | $29.0M | $35.4M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7811 | +0.398% | $6.2M | $23.2M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7820 | +0.514% | $2.7M | $4.6M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7819 | +0.501% | $27.9M | $14.5M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7823 | +0.553% | $5.5M | $12.1M | 50x | as long as short |
| Bitget APTUSDT | +0.0100% | 8h | 0.7805 | +0.321% | $9.0M | $12.2M | 75x | as long as short |
| BingX APT-USDC | +0.0100% | 8h | 0.7811 | +0.398% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7832 | +0.668% | $199K | $362K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7840 | +0.771% | $65K | $571K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7824 | +0.566% | $6K | $1.4M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7834 | +0.694% | $56 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7843 | +0.810% | $264K | $137K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7815 | +0.449% | $84K | $479K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7835 | +0.707% | $24K | — | 3x | as long as short |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7840 | +0.768% | $17K | — | 100x | as long as short |
| BloFin APT-USDT | +0.0220% | 8h | 0.7838 | +0.746% | $1.5M | $777K | 75x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0280% | 1h | 0.7850 | +0.900% | $211K | $547K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0464% | 1h | 0.7838 | +0.740% | $3K | — | 20x | as long as short |
| dYdX APT-USD | +0.0749% | 1h | 0.7844 | +0.817% | $55K | $5K | 10x | as long as short |
Binance APTUSDT
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
Bitget APTUSDT
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
BloFin APT-USDT
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
dYdX APT-USD