Funding you earn now, next payment 01:00 UTC−0.0453%/8h= −49.6% APRnext payment −$0.57 per $10,000 · paid last 24h −0.137%
Price spread now: dYdX against Hyperliquid−0.135%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.327%−$33 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 against this trade now: funding costs −$14 a day on $10k at the current rate, and dYdX is 0.135% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INJ | 7.8078 | 0.0453 | pay 0.0057% / 1h | 18m 32s | $26.3M | $8.9M | 5x |
| Short | dYdX INJ-USD | 7.7973 | 0 | get 0.0000% / 1h | 18m 32s | $90K | $8K | 5x |
Hyperliquid INJ
dYdX INJ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$95.13
- Price spread: −0.135% → 0.000%
- −$13.51
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$127.64
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; dYdX: no order-book sample. 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, 5 min ago | 1.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 | 7.7943 | −0.173% | — | — | 20x | as long as short |
| dYdX INJ-USDshort | 0.0000% | 1h | 7.7973 | −0.135% | $90K | $8K | 5x | |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8093 | +0.019% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8168 | +0.115% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8068 | −0.013% | $71K | — | 3x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8042 | −0.046% | $278K | $157K | — | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8014 | −0.082% | $149K | $429K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7952 | −0.162% | $35.5M | $93.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7932 | −0.187% | $21.8M | $31.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7940 | −0.177% | $6.4M | $19.5M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Variational Omni INJ
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 | 7.7900 | −0.228% | $2.8M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7920 | −0.202% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7960 | −0.151% | $14.4M | $10.1M | 75x | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8120 | +0.054% | $48K | $313K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8120 | +0.054% | $38K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7938 | −0.179% | $116K | $469K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0196% | 1h | 7.8012 | −0.084% | $884K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8030 | −0.061% | $1.8M | $7.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7910 | −0.215% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7920 | −0.202% | $31.6M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8137 | +0.076% | $46K | — | 100x | as long as short |
| Hyperliquid INJlong | +0.0453% | 1h | 7.8078 | long leg | $26.3M | $8.9M | 5x | |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8360 | +0.361% | $385K | $636K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8510 | +0.553% | $327K | $12.1M | 30x | as long as short |
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP