Funding you earn now, next payment 23:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.24 per $10,000 · paid last 24h −0.065%
Price spread now: Injective against Hyperliquid+0.467%73s7-day average −1.934% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 3 days (all we have)−2.608%−$261 · spread now +0.467%, 7d avg −1.934%
=Together, before fees−2.321%+ Points / potential airdropHyperliquid: Season 2 · farm board−$232 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 2.401% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.467% now, against its 7-day average of −1.934%): +$240 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 42 days. Mind the row above: over the last 7 days funding on this pair paid +0.287%, so the current rate has only just turned against you. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid STX | 0.3447 | 0.0100 | pay 0.0013% / 1h | 1m 52s | $1.5M | $1.0M | 5x |
| Short | Injective STX/USDC PERP | 0.3463 | −0.0090 | pay 0.0011% / 1h | 1m 52s | $4K | $264K | 12x |
Hyperliquid STX
Injective STX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$39.95
- Price spread: +0.467% → −1.934%
- $240.14
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $191.18
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 9 min ago; Injective: no order-book sample. 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, 9 min ago | 1.30 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
STX on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_STXUSD | −0.0728% | 1h | 0.3445 | −0.054% | $75K | $147K | 20x | as long as short |
| Variational Omni STX | −0.0442% | 8h | 0.3453 | +0.178% | $818K | $308K | — | as long as short |
| Injective STX/USDC PERPshort | −0.0090% | 1h | 0.3463 | +0.467% | $4K | $264K | 12x | |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3442 | −0.142% | — | — | 150x | as long as short |
| Hyperliquid STXlong | +0.0100% | 1h | 0.3447 | long leg | $1.5M | $1.0M | 5x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3444 | −0.080% | $129K | $67K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3442 | −0.142% | $8.1M | $19.8M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3438 | −0.258% | $8.8M | $7.4M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3440 | −0.200% | $2.4M | $6.5M | 20x | as long as short |
| Gate STX_USDT | +0.0100% | 8h | 0.3445 | −0.055% | $604K | $449K | 50x | as long as short |
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC STX_USDT | +0.0100% | 8h | 0.3441 | −0.171% | $6.3M | $1.4M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3442 | −0.142% | $2.5M | $1.7M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3438 | −0.258% | $4.9M | $1.9M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3441 | −0.171% | — | $16.1M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3444 | −0.084% | $58K | $678K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3441 | −0.162% | $186K | $590K | 10x | as long as short |
| BloFin STX-USDT | +0.0119% | 8h | 0.3445 | −0.055% | $431K | $234K | 20x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0313% | 1h | 0.3446 | −0.030% | $5K | — | 100x | as long as short |
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
BloFin STX-USDT
GMX STX/USD [WBTC.b-USDC]