Funding you earn now, next payment 23:00 UTC−0.0752%/8h= −82.4% APRnext payment −$0.94 per $10,000 · paid last 24h −0.141%
Price spread now: Deribit against Hyperliquid−0.013%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INJ | 7.7900 | 0.0732 | pay 0.0092% / 1h | 26m 38s | $26.5M | $9.6M | 5x |
| Short | Deribit INJ_USDC-PERPETUAL | 7.7890 | −0.0020 | pay 0.0003% / 1h | 26m 38s | $7K | $23K | 25x |
Hyperliquid INJ
Deribit INJ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$157.94
- Price spread: −0.013% → 0.000%
- −$1.28
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$175.22
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Deribit: 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, 6 min ago | 0.96 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.
INJ 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.7835 | −0.084% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUALshort | −0.0020% | 1h | 7.7890 | −0.013% | $7K | $23K | 25x | |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.7867 | −0.043% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0012% | 1h | 7.7898 | −0.003% | $90K | $7K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.7871 | −0.037% | $70K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0098% | 8h | 7.7880 | −0.026% | $38K | $63K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0099% | 1h | 7.7933 | +0.043% | $871K | $3.1M | 50x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.7895 | −0.006% | $156K | $440K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.7810 | −0.116% | $35.6M | $94.1M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.7740 | −0.205% | $21.6M | $31.6M | 50x | as long as short |
Reya INJRUSDPERP
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Kraken Futures PF_INJUSD
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.7760 | −0.180% | $6.4M | $20.0M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.7800 | −0.128% | $2.8M | $5.0M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.7820 | −0.103% | $9.5M | $16.5M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.7800 | −0.128% | $14.3M | $10.8M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.7825 | −0.096% | $272K | $157K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8050 | +0.193% | $48K | $349K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.7808 | −0.118% | $118K | $460K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.7820 | −0.103% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.7790 | −0.141% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.7830 | −0.090% | $31.6M | $23.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0354% / S −0.0418% | 1h | 7.7865 | −0.045% | $46K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0640% | 1h | 7.8080 | +0.231% | $382K | $712K | 50x | as long as short |
| Hyperliquid INJlong | +0.0732% | 1h | 7.7900 | long leg | $26.5M | $9.6M | 5x | |
| Injective INJ/USDC PERP | +0.1367% | 1h | 7.8280 | +0.488% | $320K | $12.1M | 30x | as long as short |
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP