Funding you earn now, next payment 04:00 UTC+0.0195%/8h= +21.4% APRpaid last 24h +0.116%
Price spread now: Hyperliquid against KuCoin+0.034%7-day average +0.078% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.034%, 7d avg +0.078%
=Together, before fees+0.152%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.044% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.078%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.170% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.7240 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $9.4M | $16.4M | 50x |
| Short | Hyperliquid INJ | 7.7266 | 0.0295 | get 0.0037% / 1h | 50m 57s | $26.0M | $8.6M | 5x |
KuCoin INJUSDTM
Hyperliquid INJFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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
- $41.03
- Price spread: +0.034% → +0.078%
- −$4.39
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $15.64
- Costs to cover
- 0.210%
- Break-even
- 4.3 days
Slippage unknown: KuCoin: live order book, 3 min ago; Hyperliquid: live order book, 12 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 KuCoin live order book, 3 min ago | 1.94 bp | 18.4 bp −$18 | 50.1 bp −$501 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.90 bp | 9.6 bp −$10 | doesn't fit | 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 | 7.7112 | −0.165% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.7171 | −0.089% | $80K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7180 | −0.078% | $3K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7167 | −0.094% | $70K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7227 | −0.016% | $148K | $399K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7247 | +0.008% | $35.1M | $89.7M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7190 | −0.065% | $21.8M | $30.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7230 | −0.013% | $6.3M | $18.3M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7150 | −0.117% | $2.7M | $4.9M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.7240 | long leg | $9.4M | $16.4M | 50x |
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INJUSDT | +0.0100% | 8h | 7.7180 | −0.078% | $14.2M | $9.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7112 | −0.166% | $271K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7500 | +0.337% | $47K | $270K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.7190 | −0.065% | $34K | $92K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7219 | −0.028% | $116K | $367K | 10x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0152% | 1h | 7.7210 | −0.039% | $6K | $24K | 25x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7210 | −0.039% | $1.7M | $5.8M | 75x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0268% / S −0.0198% | 1h | 7.7168 | −0.094% | $29K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7230 | −0.013% | — | $21.1M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7260 | +0.026% | $31.9M | $20.4M | 300x | as long as short |
| Hyperliquid INJshort | +0.0295% | 1h | 7.7266 | +0.034% | $26.0M | $8.6M | 5x | |
| Kraken Futures PF_INJUSD | +0.0319% | 1h | 7.7181 | −0.076% | $852K | $2.9M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0688% | 1h | 7.7680 | +0.570% | $382K | $571K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1333% | 1h | 7.7580 | +0.440% | $323K | $12.1M | 30x | as long as short |
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Deribit INJ_USDC-PERPETUAL
BloFin INJ-USDT
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP