Funding you earn now, next payment 00:00 UTC−0.0607%/8h= −66.4% APRnext payment −$0.76 per $10,000 · paid last 24h −0.044%
Price spread now: Injective against Hyperliquid−0.896%7-day average +0.180% · 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)−0.124%−$12 on $10k
+Price spread, last 3 days (all we have)−1.678%−$168 · spread now −0.896%, 7d avg +0.180%
=Together, before fees−1.802%+ Points / potential airdropHyperliquid: Season 2 · farm board−$180 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Injective is 1.076% cheaper against Hyperliquid than usual: you would sell low and buy high (−$108 if the spread goes back to its 7-day average of +0.180%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.124% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.76 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 | Hyperliquid DASH | 59.382 | 0.0667 | pay 0.0083% / 1h | 3m 13s | $4.6M | $2.4M | 5x |
| Short | Injective DASH/USDC PERP | 58.850 | 0.0060 | get 0.0008% / 1h | 3m 13s | $7 | $134K | 5.5x |
Funding 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
- −$127.39
- Price spread: −0.896% → +0.180%
- −$107.56
- 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
- −$243.97
- Costs to cover
- 0.090%
- Break-even
- never at this rate
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 | 1.69 bp | 8.0 bp −$8 | 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.
DASH on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DASH_USDC-PERPETUAL | 0.0000% | 1h | 59.250 | −0.222% | $237 | $2K | 50x | as long as short |
| Injective DASH/USDC PERPshort | +0.0060% | 1h | 58.850 | −0.896% | $7 | $134K | 5.5x | |
| KuCoin DASHUSDTM | +0.0071% | 8h | 59.280 | −0.172% | $8.1M | $3.9M | 30x | as long as short |
| Lighter DASH | +0.0096% | 1h | 59.286 | −0.162% | $121K | $131K | 10x | as long as short |
| Aster DASHUSDT | +0.0100% | 8h | 59.255 | −0.213% | $130K | $360K | 20x | as long as short |
| Binance DASHUSDT | +0.0100% | 8h | 59.235 | −0.248% | $28.2M | $86.3M | 75x | as long as short |
| Bybit DASHUSDT | +0.0100% | 8h | 59.240 | −0.239% | $10.4M | $18.5M | 75x | as long as short |
| OKX DASH-USDT-SWAP | +0.0100% | 4h | 59.210 | −0.290% | $5.4M | $27.4M | 50x | as long as short |
| Gate DASH_USDT | +0.0100% | 8h | 59.280 | −0.172% | $1.8M | $2.5M | 50x | as long as short |
| MEXC DASH_USDT | +0.0100% | 8h | 59.260 | −0.205% | $21.8M | $10.1M | 100x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DASHUSDT | +0.0100% | 8h | 59.240 | −0.239% | $6.4M | $2.8M | 50x | as long as short |
| BingX DASH-USDT | +0.0100% | 8h | 59.230 | −0.256% | — | $6.6M | — | as long as short |
| Variational Omni DASH | +0.0100% | 8h | 59.027 | −0.598% | $311K | $276K | — | as long as short |
| SunX DASH-USDT | +0.0100% | 8h | 59.290 | −0.155% | $25K | $1.2M | 20x | as long as short |
| SoDEX DASH-USD | +0.0100% | 1h | 59.239 | −0.241% | $272K | $4K | 5x | as long as short |
| HTX DASH-USDT | +0.0100% | 8h | 59.360 | −0.037% | $124K | $210K | 30x | as long as short |
| Extended DASH-USD | +0.0104% | 1h | 59.223 | −0.268% | $10K | $202K | 10x | as long as short |
| BloFin DASH-USDT | +0.0220% | 8h | 59.090 | −0.492% | $2.7M | $1.3M | 75x | as long as short |
| Coinbase International DASH-PERP-INTX | +0.0264% | 1h | 59.560 | +0.300% | $99K | $218K | 25x | as long as short |
| GMX DASH/USD [WBTC.b-USDC] | L +0.0498% / S −0.0443% | 1h | 59.233 | −0.250% | $132K | — | 50x | as long as short |
| Kraken Futures PF_DASHUSD | +0.0648% | 1h | 59.300 | −0.138% | $719K | $2.8M | 25x | as long as short |
| Hyperliquid DASHlong | +0.0667% | 1h | 59.382 | long leg | $4.6M | $2.4M | 5x |
Hyperliquid DASH
Injective DASH/USDC PERP
Deribit DASH_USDC-PERPETUAL
KuCoin DASHUSDTM
Lighter DASH
Aster DASHUSDT
Binance DASHUSDT
Bybit DASHUSDT
OKX DASH-USDT-SWAP
Gate DASH_USDT
MEXC DASH_USDT
Bitget DASHUSDT
BingX DASH-USDT
Variational Omni DASH
SunX DASH-USDT
SoDEX DASH-USD
HTX DASH-USDT
Extended DASH-USD
BloFin DASH-USDT
Coinbase International DASH-PERP-INTX
GMX DASH/USD [WBTC.b-USDC]
Kraken Futures PF_DASHUSD