TURBO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.042%

Price spread now: Hyperliquid against Injective+0.374%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.374% dearer against Injective than usual: you sell high and buy low: +$37 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 TURBO/USDC PERP	0.001069	0.0033	pay 0.0004% / 1h	53m 10s	$83	$4	5.5x
Short	Hyperliquid TURBO	0.001073	0.0100	get 0.0013% / 1h	53m 10s	$314K	$170K	3x

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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee HyperliquidbpOrdersPrice spread, now +0.374%Rate

Funding earned: $14
Price spread: +0.374% → 0.000%: $37.42
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: $42.4
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 66 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, 66 min ago	4.67 bp	23.5 bp −$23	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.

TURBO on 14 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_TURBOUSD	−0.0252%	1h	0.001068	−0.060%	$71K	$31K	20x	as long as short
Injective TURBO/USDC PERPlong	+0.0033%	1h	0.001069	long leg	$83	$4	5.5x
BloFin TURBO-USDT	+0.0064%	4h	0.001070	+0.103%	$155K	$483K	75x	as long as short
Hyperliquid TURBOshort	+0.0100%	1h	0.001073	+0.374%	$314K	$170K	3x
Aster TURBOUSDT	+0.0100%	4h	0.001070	+0.123%	$9K	$20K	10x	as long as short
Binance TURBOUSDT	+0.0100%	4h	0.001070	+0.131%	$2.9M	$6.5M	50x	as long as short
Bybit 1000TURBOUSDT	+0.0100%	4h	0.001071	+0.187%	$391K	$777K	25x	as long as short
OKX TURBO-USDT-SWAP	+0.0100%	4h	0.001071	+0.150%	$912K	$2.3M	20x	as long as short
Gate TURBO_USDT	+0.0100%	4h	0.001073	+0.327%	$388K	$344K	25x	as long as short
MEXC TURBO_USDT	+0.0100%	4h	0.001070	+0.084%	$5.6M	$611K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TURBOUSDTM	+0.0100%	4h	0.001072	+0.253%	$1.8M	$910K	20x	as long as short
Bitget TURBOUSDT	+0.0100%	4h	0.001071	+0.187%	$1.0M	$594K	25x	as long as short
BingX TURBO-USDT	+0.0100%	4h	0.001070	+0.065%	—	$9.4M	—	as long as short
Extended TURBO-USD	+0.0104%	1h	0.001070	+0.085%	$3K	$158K	5x	as long as short