Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.020%
Price spread now: Hyperliquid against Injective+6.681%113s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 6.681% dearer against Injective than usual: you sell high and buy low: +$668 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BLUR/USDC PERP | 0.01880 | 0.0033 | pay 0.0004% / 1h | 41m 28s | $1K | $18K | 5.5x |
| Short | Hyperliquid BLUR | 0.02006 | 0.0100 | get 0.0013% / 1h | 41m 28s | $1.4M | $188K | 3x |
Funding 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
- $14
- Price spread: +6.681% → 0.000%
- $668.09
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $673.07
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 9 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 2.99 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BLUR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BLURUSD | +0.0014% | 1h | 0.02008 | +6.798% | $12K | $6K | 10x | as long as short |
| Injective BLUR/USDC PERPlong | +0.0033% | 1h | 0.01880 | long leg | $1K | $18K | 5.5x | |
| Hyperliquid BLURshort | +0.0100% | 1h | 0.02006 | +6.681% | $1.4M | $188K | 3x | |
| Aster BLURUSDT | +0.0100% | 4h | 0.02007 | +6.772% | $4K | $2K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.02006 | +6.726% | $1.9M | $3.2M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.02007 | +6.766% | $1.3M | $951K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.02006 | +6.702% | $959K | $1.6M | 20x | as long as short |
| Gate BLUR_USDT | +0.0100% | 4h | 0.02010 | +6.915% | $797K | $244K | 50x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.02007 | +6.755% | $1.1M | $117K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.02007 | +6.755% | $588K | $96K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BLURUSDT | +0.0100% | 4h | 0.02007 | +6.755% | $828K | $413K | 50x | as long as short |
| BingX BLUR-USDT | +0.0100% | 4h | 0.02008 | +6.809% | — | $13.1M | — | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.02008 | +6.820% | $1K | $2 | — | as long as short |
| dYdX BLUR-USD | +0.0123% | 1h | 0.02004 | +6.596% | $26K | — | 5x | as long as short |
| BloFin BLUR-USDT | +0.0140% | 4h | 0.02004 | +6.596% | $356K | $2K | 50x | as long as short |
Injective BLUR/USDC PERP
Hyperliquid BLUR
Kraken Futures PF_BLURUSD
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
Gate BLUR_USDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
Bitget BLURUSDT
BingX BLUR-USDT
Variational Omni BLUR
BloFin BLUR-USDT