Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.057%
Price spread now: Hyperliquid against Injective−14.990%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 14.990% cheaper against Injective than usual: you would sell low and buy high (spread −14.990% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,499 on $10k: about years of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective STRK/USDC PERP | 0.05070 | 0.0033 | pay 0.0004% / 1h | 56m 48s | $3K | $38K | 5.5x |
| Short | Hyperliquid STRK | 0.04310 | 0.0100 | get 0.0013% / 1h | 56m 48s | $14.6M | $7.3M | 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
- $14
- Price spread: −14.990% → 0.000%
- −$1,499.01
- 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
- −$1,494.03
- Costs to cover
- 0.090%
- Break-even
- 754.0 days
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 6 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, 6 min ago | 3.45 bp | 17.8 bp −$18 | 41.3 bp −$413 | 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.
STRK 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International STRK-PERP-INTX | −0.0560% | 1h | 0.04314 | −14.911% | $61K | $93K | 25x | as long as short |
| Kraken Futures PF_STRKUSD | −0.0306% | 1h | 0.04317 | −14.856% | $457K | $529K | 20x | as long as short |
| dYdX STRK-USD | 0.0000% | 1h | 0.04320 | −14.790% | $20K | $24K | 5x | as long as short |
| Injective STRK/USDC PERPlong | +0.0033% | 1h | 0.05070 | long leg | $3K | $38K | 5.5x | |
| Paradex STRK-USD-PERP | +0.0100% | 8h | 0.04319 | −14.813% | $8K | $144 | 20x | as long as short |
| Hyperliquid STRKshort | +0.0100% | 1h | 0.04310 | −14.990% | $14.6M | $7.3M | 5x | |
| Aster STRKUSDT | +0.0100% | 4h | 0.04309 | −15.010% | $33K | $328K | 10x | as long as short |
| Pacifica STRK | +0.0100% | 1h | 0.04320 | −14.793% | $43K | $69K | 5x | as long as short |
| Binance STRKUSDT | +0.0100% | 4h | 0.04305 | −15.089% | $12.2M | $48.7M | 75x | as long as short |
| Bybit STRKUSDT | +0.0100% | 4h | 0.04302 | −15.148% | $15.0M | $21.6M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX STRK-USDT-SWAP | +0.0100% | 4h | 0.04305 | −15.089% | $4.7M | $22.3M | 50x | as long as short |
| Gate STRK_USDT | +0.0100% | 4h | 0.04310 | −14.990% | $578K | $1.3M | 50x | as long as short |
| MEXC STRK_USDT | +0.0100% | 4h | 0.04308 | −15.030% | $12.2M | $2.2M | 100x | as long as short |
| KuCoin STRKUSDTM | +0.0100% | 4h | 0.04311 | −14.970% | $1.5M | $1.9M | 50x | as long as short |
| Bitget STRKUSDT | +0.0100% | 4h | 0.04305 | −15.097% | $3.0M | $4.0M | 75x | as long as short |
| BingX STRK-USDC | +0.0100% | 4h | 0.04307 | −15.049% | — | $726K | — | as long as short |
| Backpack STRK_USDC_PERP | +0.0100% | 1h | 0.04308 | −15.030% | $23K | $148K | 10x | as long as short |
| Variational Omni STRK | +0.0100% | 4h | 0.04320 | −14.798% | $354K | $2.0M | — | as long as short |
| GRVT STRK_USDT_Perp | +0.0100% | 4h | 0.04318 | −14.837% | $191K | $3.6M | 10x | as long as short |
| SunX STRK-USDT | +0.0100% | 4h | 0.04417 | −12.880% | $1K | $846K | 20x | as long as short |
| Extended STRK-USD | +0.0104% | 1h | 0.04304 | −15.099% | $119K | $663K | 10x | as long as short |
| Lighter STRK | +0.0304% | 1h | 0.04316 | −14.872% | $262K | $503K | 5x | as long as short |
| BloFin STRK-USDT | +0.0340% | 4h | 0.04319 | −14.813% | $743K | $823K | 75x | as long as short |
| Deribit STRK_USDC-PERPETUAL | +0.0908% | 1h | 0.04321 | −14.773% | $8K | $44K | 25x | as long as short |
Injective STRK/USDC PERP
Hyperliquid STRK
Coinbase International STRK-PERP-INTX
Kraken Futures PF_STRKUSD
Paradex STRK-USD-PERP
Aster STRKUSDT
Pacifica STRK
Binance STRKUSDT
Bybit STRKUSDT
OKX STRK-USDT-SWAP
Gate STRK_USDT
MEXC STRK_USDT
KuCoin STRKUSDTM
Bitget STRKUSDT
BingX STRK-USDC
Backpack STRK_USDC_PERP
Variational Omni STRK
GRVT STRK_USDT_Perp
SunX STRK-USDT
Extended STRK-USD
Lighter STRK
BloFin STRK-USDT
Deribit STRK_USDC-PERPETUAL