Funding you earn now, next payment 23:00 UTC+0.1163%/8h= +127.4% APRnext payment +$1.45 per $10,000 · paid last 24h +0.127%
Price spread now: Hyperliquid against dYdX+0.147%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.315%+$31 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 for this trade now. Funding pays +$35 a day on $10k at the current rate, and Hyperliquid is 0.147% dearer against dYdX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.315% in total (about 16.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.45 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 | dYdX INJ-USD | 7.7688 | 0 | get 0.0000% / 1h | 50m 31s | $90K | $10K | 5x |
| Short | Hyperliquid INJ | 7.7802 | 0.1163 | get 0.0145% / 1h | 50m 31s | $26.7M | $9.4M | 5x |
dYdX INJ-USD
Hyperliquid INJFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against dYdX. 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
- $244.31
- Price spread: +0.147% → 0.000%
- $14.67
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $239.98
- Costs to cover
- 0.190%
- Break-even
- 0.1 days
Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 3 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 3 min ago | 0.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
dYdX: 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.
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 | 7.7605 | −0.107% | — | — | 20x | as long as short |
| dYdX INJ-USDlong | 0.0000% | 1h | 7.7688 | long leg | $90K | $10K | 5x | |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.7670 | −0.023% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7679 | −0.011% | $3K | — | 150x | as long as short |
| Variational Omni INJ | +0.0094% | 8h | 7.7778 | +0.116% | $272K | $157K | — | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7661 | −0.035% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7670 | −0.023% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7715 | +0.034% | $885K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7694 | +0.008% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7714 | +0.033% | $35.5M | $94.5M | 75x | as long as short |
Reya INJRUSDPERP
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 | −0.088% | $21.5M | $31.9M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7630 | −0.075% | $6.4M | $20.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7670 | −0.023% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7680 | −0.010% | $9.4M | $16.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7640 | −0.062% | $14.3M | $10.8M | 75x | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7760 | +0.093% | $48K | $347K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7685 | −0.004% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7550 | −0.178% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7650 | −0.049% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7660 | −0.036% | $31.7M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0391% | 1h | 7.7654 | −0.043% | $47K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.7780 | +0.118% | $381K | $696K | 50x | as long as short |
| Hyperliquid INJshort | +0.1163% | 1h | 7.7802 | +0.147% | $26.7M | $9.4M | 5x | |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8070 | +0.492% | $320K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni 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