Funding you earn now, next payment 23:00 UTC+0.0951%/8h= +104.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.352%
Price spread now: Hyperliquid against Injective+6.170%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.402%+$140 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 for this trade now. Funding pays +$29 a day on $10k at the current rate, and Hyperliquid is 6.170% dearer against Injective than usual: you sell high and buy low: +$617 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LDO/USDC PERP | 0.4110 | −0.0851 | get 0.0106% / 1h | 1m 08s | $4K | $14 | 12x |
| Short | Hyperliquid LDO | 0.4364 | 0.0100 | get 0.0013% / 1h | 1m 08s | $12.3M | $3.9M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Injective. 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
- $199.68
- Price spread: +6.170% → 0.000%
- $617.03
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $807.69
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 11 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 Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 11 min ago | 1.38 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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.
LDO on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective LDO/USDC PERPlong | −0.0851% | 1h | 0.4110 | long leg | $4K | $14 | 12x | |
| Coinbase International LDO-PERP-INTX | −0.0600% | 1h | 0.4350 | +5.839% | $118K | $55K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4357 | +6.019% | $84K | $17K | 5x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4356 | +5.991% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDOshort | +0.0100% | 1h | 0.4364 | +6.170% | $12.3M | $3.9M | 5x | |
| Aster LDOUSDT | +0.0100% | 8h | 0.4361 | +6.102% | $172K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4358 | +6.040% | $112K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4361 | +6.107% | $18.1M | $37.7M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4359 | +6.058% | $16.6M | $12.8M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4359 | +6.058% | $4.1M | $9.2M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.0100% | 8h | 0.4358 | +6.034% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4364 | +6.180% | $8.5M | $7.6M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4363 | +6.156% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4361 | +6.107% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4360 | +6.083% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4364 | +6.168% | $86K | $179K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4348 | +5.789% | $203K | $83K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4355 | +5.966% | $306K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4360 | +6.083% | $35K | $649K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4357 | +6.019% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4462 | +8.564% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4355 | +5.958% | $261K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4361 | +6.119% | $39K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0110% | 8h | 0.4361 | +6.107% | $787K | $225K | 75x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0209% | 1h | 0.4361 | +6.107% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0294% | 1h | 0.4362 | +6.138% | $1.1M | $527K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC] | L +0.0320% / S −0.0201% | 1h | 0.4359 | +6.067% | $24K | — | 100x | as long as short |
| Reya LDORUSDPERP | +0.0334% | 1h | 0.4352 | +5.899% | $304K | — | 15x | as long as short |
| Lighter LDO | +0.0384% | 1h | 0.4369 | +6.299% | $886K | $268K | 10x | as long as short |
Injective LDO/USDC PERP
Hyperliquid LDO
Coinbase International LDO-PERP-INTX
Paradex LDO-USD-PERP
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
BloFin LDO-USDT
Deribit LDO_USDC-PERPETUAL
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]
Lighter LDO