Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.075%
Price spread now: BingX against Hyperliquid−0.144%7-day average −0.081% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days+0.126%+$13 · spread now −0.144%, 7d avg −0.081%
=Together, before fees+0.134%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.063% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.081%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INJ | 7.7632 | 0.0337 | pay 0.0042% / 1h | 54m 18s | $26.1M | $8.6M | 5x |
| Short | BingX INJ-USDT | 7.7520 | 0.0271 | get 0.0271% / 8h | 4h 54m | — | $21.1M | — |
Hyperliquid INJ
BingX INJ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$13.87
- Price spread: −0.144% → −0.081%
- −$6.32
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$39.18
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; BingX: live order book, 14 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, 9 min ago | 0.90 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 0.64 bp | 8.2 bp −$8 | 12.9 bp −$129 | 37.9 bp −$3,788 | 92.4 bp −$46.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni INJUSDT | −0.0276% | 1h | 7.7310 | −0.415% | $46K | $270K | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7513 | −0.154% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7552 | −0.103% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7531 | −0.130% | $3K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0021% | 1h | 7.7541 | −0.117% | $6K | $24K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7508 | −0.160% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7570 | −0.080% | $148K | $399K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7544 | −0.113% | $35.2M | $89.9M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7500 | −0.170% | $21.9M | $30.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7520 | −0.144% | $6.4M | $18.4M | 50x | as long as short |
ApeX Omni INJUSDT
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.7510 | −0.157% | $2.7M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7550 | −0.106% | $9.5M | $16.4M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7480 | −0.196% | $14.2M | $9.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7602 | −0.038% | $273K | $149K | — | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7510 | −0.157% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7516 | −0.149% | $116K | $367K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7590 | −0.054% | $1.8M | $5.9M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.7516 | −0.149% | $29K | — | 100x | as long as short |
| BingX INJ-USDTshort | +0.0271% | 8h | 7.7520 | −0.144% | — | $21.1M | — | |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7540 | −0.119% | $31.9M | $20.4M | 300x | as long as short |
| Kraken Futures PF_INJUSD | +0.0317% | 1h | 7.7549 | −0.107% | $856K | $2.9M | 50x | as long as short |
| Hyperliquid INJlong | +0.0337% | 1h | 7.7632 | long leg | $26.1M | $8.6M | 5x | |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7680 | +0.062% | $382K | $572K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.7810 | +0.229% | $324K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
Orderly PERP_INJ_USDC
Extended INJ-USD
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP