Funding you earn now, next payment 23:00 UTC−0.0804%/8h= −88.0% APRpaid last 24h −0.118%
Price spread now: Gate against Hyperliquid−0.122%7-day average −0.071% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.205%−$21 on $10k
+Price spread, last 7 days+0.101%+$10 · spread now −0.122%, 7d avg −0.071%
=Together, before fees−0.104%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Gate is 0.050% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.071%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.205% in total (about -10.7% a year). A funding rate is set anew for every payment. 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 | Hyperliquid INJ | 7.8185 | 0.0904 | pay 0.0113% / 1h | 40m 51s | $26.6M | $9.6M | 5x |
| Short | Gate INJ_USDT | 7.8090 | 0.0100 | get 0.0100% / 8h | 1h 40m | $2.8M | $5.0M | 50x |
Hyperliquid INJ
Gate INJ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$168.81
- Price spread: −0.122% → −0.071%
- −$5.02
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$197.83
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 12 min ago; Gate: live order book, 2 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, 12 min ago | 0.71 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.20 bp | 19.7 bp −$20 | 51.9 bp −$519 | 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 | 7.7926 | −0.332% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8081 | −0.132% | $90K | $8K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7980 | −0.262% | $3K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0083% | 1h | 7.8132 | −0.068% | $7K | $23K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7983 | −0.259% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.8110 | −0.096% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.8149 | −0.046% | $876K | $3.2M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8124 | −0.079% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8126 | −0.075% | $35.8M | $94.4M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8005 | −0.230% | $21.6M | $31.8M | 50x | as long as short |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8070 | −0.147% | $6.4M | $20.2M | 50x | as long as short |
| Gate INJ_USDTshort | +0.0100% | 8h | 7.8090 | −0.122% | $2.8M | $5.0M | 50x | |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8110 | −0.096% | $9.5M | $16.3M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8040 | −0.185% | $14.3M | $10.9M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7888 | −0.380% | $272K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8030 | −0.198% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8109 | −0.097% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7920 | −0.339% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8080 | −0.134% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8110 | −0.096% | $31.9M | $22.9M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.7967 | −0.279% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8270 | +0.109% | $383K | $714K | 50x | as long as short |
| Hyperliquid INJlong | +0.0904% | 1h | 7.8185 | long leg | $26.6M | $9.6M | 5x | |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8430 | +0.313% | $321K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
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