Funding you earn now, next payment 07:00 UTC+0.4549%/8h= +498.1% APRnext payment +$5.69 per $10,000 · paid last 24h +1.224%
Price spread now: Hyperliquid against Injective+1.000%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.602%+$260 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 +$136 a day on $10k at the current rate, and Hyperliquid is 1.000% dearer against Injective than usual: you sell high and buy low: +$100 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.602% in total (about 135.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.69 per $10,000. 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 | Injective MANTA/USDC PERP | 0.06998 | −0.4449 | get 0.0556% / 1h | 8m 34s | $2K | $40K | 5.5x |
| Short | Hyperliquid MANTA | 0.07068 | 0.0100 | get 0.0013% / 1h | 8m 34s | $472K | $212K | 3x |
Injective MANTA/USDC PERP
Hyperliquid MANTAFunding 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
- $955.26
- Price spread: +1.000% → 0.000%
- $100.03
- 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
- $1,046.26
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 61 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, 61 min ago | 2.82 bp | doesn't fit | 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.
MANTA on 12 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 MANTA/USDC PERPlong | −0.4449% | 1h | 0.06998 | long leg | $2K | $40K | 5.5x | |
| Hyperliquid MANTAshort | +0.0100% | 1h | 0.07068 | +1.000% | $472K | $212K | 3x | |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07051 | +0.750% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07052 | +0.772% | $5.5M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07046 | +0.686% | $3.3M | $825K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07046 | +0.686% | $206K | $153K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07054 | +0.800% | $13.6M | $658K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07048 | +0.714% | $235K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07056 | +0.832% | $17K | $3K | — | as long as short |
| BloFin MANTA-USDT | +0.0109% | 4h | 0.07055 | +0.815% | $323K | $24K | 50x | as long as short |
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTA
BloFin MANTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0304% | 4h | 0.07065 | +0.957% | $3.2M | $379K | 50x | as long as short |
| BingX MANTA-USDT | +0.0304% | 4h | 0.07051 | +0.757% | — | $1.5M | — | as long as short |
Bitget MANTAUSDT
BingX MANTA-USDT