Funding you earn now, next payment 01:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.066%
Price spread now: MEXC against Hyperliquid−0.113%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.113%, 7d avg −0.066%
=Together, before fees+0.144%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.047% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.066%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
| 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 26s | $26.3M | $8.9M | 5x |
| Short | MEXC INJ_USDT | 7.7990 | 0.0285 | get 0.0285% / 8h | 7h 18m | $31.6M | $22.7M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$35.28
- Price spread: −0.113% → −0.066%
- −$4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$48.94
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 1.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.28 bp | 3.2 bp −$3 | 11.9 bp −$119 | 62.2 bp −$6,222 | 123.1 bp −$61.5K |
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-USD | 0.0000% | 1h | 7.7973 | −0.135% | $90K | $8K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8075 | −0.004% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7976 | −0.131% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8039 | −0.050% | $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 | 7.7984 | −0.120% | $149K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7981 | −0.124% | $35.6M | $93.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8040 | −0.049% | $21.9M | $31.3M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8040 | −0.049% | $6.4M | $19.5M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.7920 | −0.202% | $2.8M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7950 | −0.164% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8040 | −0.049% | $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 | 7.8050 | −0.036% | $37K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7976 | −0.130% | $116K | $466K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0195% | 1h | 7.8124 | +0.058% | $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 | 7.7970 | −0.138% | — | $21.4M | — | as long as short |
| MEXC INJ_USDTshort | +0.0285% | 8h | 7.7990 | −0.113% | $31.6M | $22.7M | 300x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.7970 | −0.138% | $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 | 7.8150 | +0.092% | $384K | $634K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8510 | +0.553% | $327K | $12.1M | 30x | as long as short |
Hyperliquid INJ
MEXC INJ_USDT
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Variational Omni INJ
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
ApeX Omni INJUSDT
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP