Funding you earn now, next payment 23:00 UTC+0.0424%/8h= +46.5% APRnext payment +$0.53 per $10,000 · paid last 24h −0.134%
Price spread now: Hyperliquid against Injective+1.742%93s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.694%+$69 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 +$13 a day on $10k at the current rate, and Hyperliquid is 1.742% dearer against Injective than usual: you sell high and buy low: +$174 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 93 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 | Injective UNI/USDC PERP | 8.8300 | 0.0033 | pay 0.0004% / 1h | 1m 48s | $660 | $155K | 12x |
| Short | Hyperliquid UNI | 8.9838 | 0.0458 | get 0.0057% / 1h | 1m 48s | $98.8M | $59.4M | 10x |
Injective UNI/USDC PERP
Hyperliquid UNIFunding 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
- $89.1
- Price spread: +1.742% → 0.000%
- $174.18
- 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
- $254.26
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 12 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, 12 min ago | 0.06 bp | 6.8 bp −$7 | 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.
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0030% | 8h | 8.9413 | +1.260% | $4.0M | $4.6M | — | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9704 | +1.590% | $62K | — | 150x | as long as short |
| Bybit UNIUSDT | +0.0026% | 8h | 8.9730 | +1.619% | $102.6M | $105.0M | 75x | as long as short |
| Injective UNI/USDC PERPlong | +0.0033% | 1h | 8.8300 | long leg | $660 | $155K | 12x | |
| OKX UNI-USDT-SWAP | +0.0063% | 8h | 8.9730 | +1.619% | $55.4M | $248.2M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0088% | 1h | 8.9664 | +1.545% | $447 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9775 | +1.671% | $26K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9615 | +1.489% | $950K | $4.1M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9741 | +1.632% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9824 | +1.726% | $299K | $584K | 10x | as long as short |
Variational Omni UNI
gTrade (Gains Network) UNI/USD
Bybit UNIUSDT
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.9820 | +1.722% | $221.1M | $592.3M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9720 | +1.608% | $277K | $621K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9730 | +1.619% | $23.1M | $59.1M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9820 | +1.721% | $43.3M | $24.7M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9740 | +1.631% | $13.7M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9700 | +1.586% | $32.6M | $41.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9730 | +1.619% | — | $51.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9757 | +1.650% | $998K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9590 | +1.460% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9616 | +1.490% | $628K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9370 | +1.212% | $88K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9520 | +1.382% | $107K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9688 | +1.572% | $87K | $356K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9680 | +1.563% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9752 | +1.644% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9724 | +1.613% | $25K | $663K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9860 | +1.767% | $735K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9700 | +1.586% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9683 | +1.566% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9842 | +1.746% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0111% | 1h | 8.9800 | +1.699% | $249K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0208% | 1h | 8.9740 | +1.630% | $570K | $157K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9480 | +1.336% | $9.9M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.9730 | +1.619% | $1.1M | $5.4M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0337% | 1h | 8.9770 | +1.665% | $5.0M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0363% | 1h | 8.9630 | +1.506% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.9687 | +1.571% | $563K | — | 120x | as long as short |
| Hyperliquid UNIshort | +0.0458% | 1h | 8.9838 | +1.742% | $98.8M | $59.4M | 10x | |
| Aftermath Perps UNIUSD | +0.0677% | 1h | 8.9556 | +1.422% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0680% | 1h | 8.9923 | +1.838% | $4.6M | $5.2M | 15x | as long as short |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI