Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.060%
Price spread now: Hyperliquid against Injective+0.214%73s7-day average +1.605% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 4 days (all we have)+2.272%+$227 · spread now +0.214%, 7d avg +1.605%
=Together, before fees+2.029%+ Points / potential airdropHyperliquid: Season 2 · farm board+$203 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 1.391% cheaper against Injective than usual: you would sell low and buy high (spread +0.214% now, against its 7-day average of +1.605%). If the spread goes back, that is −$139 on $10k: about 2 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.244%, so the current rate has only just turned in your favour. 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 | Injective STX/USDC PERP | 0.3463 | 0.0033 | pay 0.0004% / 1h | 42m 11s | $4K | $264K | 12x |
| Short | Hyperliquid STX | 0.3470 | 0.0100 | get 0.0013% / 1h | 42m 11s | $1.5M | $889K | 5x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14
- Price spread: +0.214% → +1.605%
- −$139.14
- 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
- −$134.16
- Costs to cover
- 0.090%
- Break-even
- 74.1 days
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 8 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, 8 min ago | 1.87 bp | 15.6 bp −$16 | 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.
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 | −0.0503% | 1h | 0.3462 | −0.015% | $78K | $136K | 20x | as long as short |
| Variational Omni STX | −0.0077% | 8h | 0.3462 | −0.019% | $776K | $244K | — | as long as short |
| gTrade (Gains Network) STX/USD | L −0.0002% / S +0.0003% | 1h | 0.3463 | +0.004% | — | — | 150x | as long as short |
| Injective STX/USDC PERPlong | +0.0033% | 1h | 0.3463 | long leg | $4K | $264K | 12x | |
| BloFin STX-USDT | +0.0093% | 8h | 0.3458 | −0.144% | $430K | $230K | 20x | as long as short |
| Hyperliquid STXshort | +0.0100% | 1h | 0.3470 | +0.214% | $1.5M | $889K | 5x | |
| Aster STXUSDT | +0.0100% | 8h | 0.3459 | −0.114% | $129K | $72K | 10x | as long as short |
| Binance STXUSDT | +0.0100% | 8h | 0.3465 | +0.047% | $8.2M | $19.4M | 75x | as long as short |
| Bybit STXUSDT | +0.0100% | 8h | 0.3463 | 0.000% | $9.0M | $7.1M | 75x | as long as short |
| OKX STX-USDT-SWAP | +0.0100% | 8h | 0.3466 | +0.087% | $2.4M | $6.3M | 20x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate STX_USDT | +0.0100% | 8h | 0.3461 | −0.058% | $633K | $413K | 50x | as long as short |
| MEXC STX_USDT | +0.0100% | 8h | 0.3463 | 0.000% | $5.9M | $1.2M | 50x | as long as short |
| KuCoin STXUSDTM | +0.0100% | 8h | 0.3462 | −0.029% | $2.4M | $1.1M | 50x | as long as short |
| Bitget STXUSDT | +0.0100% | 8h | 0.3463 | 0.000% | $4.7M | $2.2M | 50x | as long as short |
| BingX STX-USDT | +0.0100% | 8h | 0.3462 | −0.029% | — | $13.5M | — | as long as short |
| ApeX Omni STXUSDT | +0.0100% | 1h | 0.3465 | +0.058% | $63K | $688K | 50x | as long as short |
| Extended STX-USD | +0.0104% | 1h | 0.3462 | −0.033% | $182K | $795K | 10x | as long as short |
| GMX STX/USD [WBTC.b-USDC] | L +0.0191% / S −0.0304% | 1h | 0.3467 | +0.103% | $5K | — | 100x | as long as short |
Injective STX/USDC PERP
Hyperliquid STX
Kraken Futures PF_STXUSD
Variational Omni STX
gTrade (Gains Network) STX/USD
BloFin STX-USDT
Aster STXUSDT
Binance STXUSDT
Bybit STXUSDT
OKX STX-USDT-SWAP
Gate STX_USDT
MEXC STX_USDT
KuCoin STXUSDTM
Bitget STXUSDT
BingX STX-USDT
ApeX Omni STXUSDT
Extended STX-USD
GMX STX/USD [WBTC.b-USDC]