Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.18 per $10,000 · paid last 24h −0.629%
Price spread now: Injective against Hyperliquid−0.005%53s7-day average −0.211% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.901%−$90 on $10k
+Price spread, last 3 days (all we have)−0.567%−$57 · spread now −0.005%, 7d avg −0.211%
=Together, before fees−1.468%+ Points / potential airdropHyperliquid: Season 2 · farm board−$147 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.206% dearer against Hyperliquid than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.211%. Mind the row above: over the last 7 days funding on this pair cost −0.901%, so the current rate has only just turned in your favour. The two prices were read 53 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 | Hyperliquid HBAR | 0.09267 | 0.0100 | pay 0.0013% / 1h | 34m 25s | $8.8M | $2.8M | 5x |
| Short | Injective HBAR/USDC PERP | 0.09267 | 0.0242 | get 0.0030% / 1h | 34m 25s | $1K | $112K | 12x |
Hyperliquid HBAR
Injective HBAR/USDC PERPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $29.82
- Price spread: −0.005% → −0.211%
- $20.61
- 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
- $41.41
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 8 min ago; Injective: live order book, 40 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 Hyperliquid live order book, 8 min ago | 0.43 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 40 min ago | 54.85 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTM | −0.0038% | 8h | 0.09250 | −0.189% | $7.4M | $7.8M | 75x | as long as short |
| Gate HBAR_USDT | −0.0018% | 8h | 0.09252 | −0.167% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09258 | −0.101% | $30K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09258 | −0.106% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09250 | −0.189% | $222K | $2.2M | 50x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0074% | 1h | 0.09261 | −0.070% | $510K | $166K | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0082% | 8h | 0.09252 | −0.167% | $2K | $17K | 10x | as long as short |
| Variational Omni HBAR | +0.0083% | 8h | 0.09255 | −0.130% | $1.0M | $198K | — | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09251 | −0.178% | $567K | $591K | 5x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09267 | long leg | $8.8M | $2.8M | 5x |
KuCoin HBARUSDTM
Gate HBAR_USDT
dYdX HBAR-USD
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Deribit HBAR_USDC-PERPETUAL
Orderly PERP_HBAR_USDC
Variational Omni HBAR
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HBARUSDT | +0.0100% | 8h | 0.09255 | −0.131% | $211K | $429K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09253 | −0.156% | $34.8M | $109.9M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09251 | −0.178% | $32.9M | $36.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09254 | −0.146% | $6.8M | $25.1M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09253 | −0.156% | $25.9M | $22.4M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09254 | −0.146% | $17.1M | $14.9M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09251 | −0.178% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09252 | −0.167% | $34K | $102K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09257 | −0.113% | $377K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09259 | −0.092% | $148K | $707K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09247 | −0.221% | $429 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09265 | −0.027% | $73K | $53K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09247 | −0.221% | $2.2M | $2.2M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09250 | −0.186% | $51K | $218K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09243 | −0.264% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERPshort | +0.0242% | 1h | 0.09267 | −0.005% | $1K | $112K | 12x | |
| Kraken Futures PF_HBARUSD | +0.0414% | 1h | 0.09254 | −0.145% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0447% / S −0.0478% | 1h | 0.09256 | −0.121% | $104K | — | 100x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]