Funding you earn now, next payment 23:00 UTC+0.1088%/8h= +119.1% APRnext payment +$1.36 per $10,000 · paid last 24h +0.114%
Price spread now: Hyperliquid against ApeX Omni+0.062%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.375% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 3 days (all we have)−0.094%−$9 · spread now +0.062%, 7d avg +0.045%
=Together, before fees+0.072%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$33 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.36 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 | ApeX Omni INJUSDT | 7.7760 | 0.0100 | pay 0.0013% / 1h | 51m 07s | $48K | $347K | 50x |
| Short | Hyperliquid INJ | 7.7808 | 0.1188 | get 0.0149% / 1h | 51m 07s | $26.7M | $9.4M | 5x |
ApeX Omni INJUSDT
Hyperliquid INJFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX Omni. 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
- $228.5
- Price spread: +0.062% → +0.045%
- $1.64
- Slippage, 4 orders
- −$18.45
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $192.69
- Costs to cover
- 0.375%
- Break-even
- 1.1 days
Slippage from ApeX Omni: live order book, 31 min ago; Hyperliquid: live order book, 12 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 ApeX Omni live order book, 31 min ago | 5.14 bp | 10.8 bp −$11 | 98.7 bp −$987 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.19 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
INJ on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7622 | −0.177% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7766 | +0.008% | $90K | $10K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7670 | −0.116% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7679 | −0.104% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0094% | 8h | 7.7778 | +0.024% | $272K | $157K | — | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7661 | −0.127% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7670 | −0.116% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7715 | −0.058% | $885K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7680 | −0.103% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7680 | −0.103% | $35.5M | $94.5M | 75x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.7620 | −0.180% | $21.5M | $31.9M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7640 | −0.154% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7640 | −0.154% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7630 | −0.167% | $9.4M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7630 | −0.167% | $14.3M | $10.8M | 75x | as long as short |
| ApeX Omni INJUSDTlong | +0.0100% | 1h | 7.7760 | long leg | $48K | $347K | 50x | |
| Extended INJ-USD | +0.0104% | 1h | 7.7649 | −0.143% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7550 | −0.270% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7630 | −0.167% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7650 | −0.141% | $31.8M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0391% | 1h | 7.7654 | −0.136% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.7780 | +0.026% | $381K | $696K | 50x | as long as short |
| Hyperliquid INJshort | +0.1188% | 1h | 7.7808 | +0.062% | $26.7M | $9.4M | 5x | |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8070 | +0.399% | $320K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP