BSV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.5574%/8h= −610.4% APRnext payment −$6.97 per $10,000 · paid last 24h −0.196%

Price spread now: Injective against Hyperliquid−6.371%113s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.863%−$86 on $10k

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 against this trade now: funding costs −$167 a day on $10k at the current rate, and Injective is 6.371% cheaper against Hyperliquid than usual: you would sell low and buy high (−$637 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.863% in total (about -45.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BSV	19.107	0.0574	pay 0.0072% / 1h	45m 29s	$620K	$262K	3x
Short	Injective BSV/USDC PERP	17.890	−0.5000	pay 0.0625% / 1h	45m 29s	$3K	$90K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee InjectivebpOrdersPrice spread, now −6.371%Rate

Funding earned: −$1,170.64
Price spread: −6.371% → 0.000%: −$637.14
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$1,816.8
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 64 min ago; Injective: no order-book sample. 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 Hyperliquid live order book, 64 min ago	3.67 bp	19.6 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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.

BSV on 10 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
Injective BSV/USDC PERPshort	−0.5000%	1h	17.890	−6.371%	$3K	$90K	5.5x
Binance BSVUSDT	+0.0100%	4h	19.075	−0.172%	$1.8M	$3.5M	75x	as long as short
Bybit BSVUSDT	+0.0100%	4h	19.051	−0.295%	$1.6M	$1.0M	75x	as long as short
Gate BSV_USDT	+0.0100%	4h	19.020	−0.457%	$1.7M	$2.4M	50x	as long as short
MEXC BSV_USDT	+0.0100%	4h	19.070	−0.196%	$1.6M	$547K	125x	as long as short
KuCoin BSVUSDTM	+0.0100%	4h	19.060	−0.248%	$683K	$85K	30x	as long as short
Bitget BSVUSDT	+0.0100%	4h	19.050	−0.300%	$2.0M	$736K	75x	as long as short
BingX BSV-USDT	+0.0100%	4h	19.030	−0.405%	—	$2.4M	—	as long as short
BloFin BSV-USDT	+0.0157%	4h	19.000	−0.562%	—	$209K	75x	as long as short
Hyperliquid BSVlong	+0.0574%	1h	19.107	long leg	$620K	$262K	3x