Funding you earn now, next payment 23:00 UTC+0.0963%/8h= +105.5% APRnext payment +$1.20 per $10,000 · paid last 24h +0.125%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.120%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$29 a day on $10k at the current rate, and Hyperliquid is 0.120% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) INJ/USD | 7.8017 | L +0.0006% / S −0.0002% | pay 0.0001% / 1h | 43m 45s | $3K | — | 150x |
| Short | Hyperliquid INJ | 7.8110 | 0.0969 | get 0.0121% / 1h | 43m 45s | $26.7M | $9.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). 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
- $202.25
- Price spread: +0.120% → 0.000%
- $11.96
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $195.21
- Costs to cover
- 0.190%
- Break-even
- 0.2 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 0.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | 7.7978 | −0.049% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8081 | +0.083% | $90K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8057 | +0.052% | $7K | $23K | 25x | as long as short |
| gTrade (Gains Network) INJ/USDlong | L +0.0006% / S −0.0002% | 1h | 7.8017 | long leg | $3K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8021 | +0.005% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.8050 | +0.043% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.8088 | +0.091% | $884K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8081 | +0.083% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8099 | +0.105% | $35.7M | $94.4M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8028 | +0.014% | $21.6M | $31.8M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8050 | +0.043% | $6.4M | $20.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8060 | +0.056% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8070 | +0.068% | $9.7M | $16.3M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8060 | +0.056% | $14.4M | $10.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7888 | −0.165% | $272K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7960 | −0.073% | $48K | $347K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8054 | +0.048% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7960 | −0.073% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8070 | +0.068% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8080 | +0.081% | $31.8M | $22.8M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.8017 | 0.000% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8190 | +0.222% | $383K | $712K | 50x | as long as short |
| Hyperliquid INJshort | +0.0969% | 1h | 7.8110 | +0.120% | $26.7M | $9.5M | 5x | |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8250 | +0.299% | $320K | $12.1M | 30x | as long as short |
gTrade (Gains Network) INJ/USD
Hyperliquid INJ
Deribit INJ_USDC-PERPETUAL
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
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