Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.128%
Price spread now: Injective against Hyperliquid+5.143%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.356%+$36 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
The price spread pays, funding is against you. Injective is 5.143% dearer against Hyperliquid than usual: you sell high and buy low (spread +5.143% now, against zero (this spread has no 7-day history yet)): +$514 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 months. Mind the row above: over the last 7 days funding on this pair paid +0.356%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ZETA | 0.06144 | 0.0065 | pay 0.0008% / 1h | 21m 18s | $1.7M | $4.2M | 3x |
| Short | Injective ZETA/USDC PERP | 0.06460 | 0.0033 | get 0.0004% / 1h | 21m 18s | $1K | $3K | 5.5x |
Hyperliquid ZETA
Injective ZETA/USDC PERPFunding 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
- −$6.66
- Price spread: +5.143% → 0.000%
- $514.32
- 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
- $498.65
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Hyperliquid: live order book, 10 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, 10 min ago | 1.56 bp | 32.0 bp −$32 | 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.
ZETA on 13 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_ZETAUSD | −0.2280% | 1h | 0.06153 | +0.150% | $51K | $736K | 10x | as long as short |
| KuCoin ZETAUSDTM | −0.1374% | 4h | 0.06146 | +0.033% | $1.3M | $6.1M | 20x | as long as short |
| Variational Omni ZETA | −0.1322% | 4h | 0.06218 | +1.210% | $121K | $779K | — | as long as short |
| OKX ZETA-USDT-SWAP | −0.1211% | 4h | 0.06152 | +0.130% | $1.3M | $60.2M | 20x | as long as short |
| Gate ZETA_USDT | −0.1114% | 4h | 0.06150 | +0.098% | $632K | $11.2M | 25x | as long as short |
| MEXC ZETA_USDT | −0.0986% | 4h | 0.06150 | +0.098% | $1.3M | $13.0M | 50x | as long as short |
| Binance ZETAUSDT | −0.0962% | 4h | 0.06153 | +0.145% | $8.6M | $379.4M | 50x | as long as short |
| BloFin ZETA-USDT | −0.0933% | 4h | 0.06107 | −0.602% | $453K | $1.4M | 50x | as long as short |
| Bybit ZETAUSDT | −0.0775% | 4h | 0.06158 | +0.228% | $5.3M | $97.6M | 25x | as long as short |
| Injective ZETA/USDC PERPshort | +0.0033% | 1h | 0.06460 | +5.143% | $1K | $3K | 5.5x |
Kraken Futures PF_ZETAUSD
KuCoin ZETAUSDTM
Variational Omni ZETA
OKX ZETA-USDT-SWAP
Gate ZETA_USDT
MEXC ZETA_USDT
Binance ZETAUSDT
BloFin ZETA-USDT
Bybit ZETAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZETAlong | +0.0065% | 1h | 0.06144 | long leg | $1.7M | $4.2M | 3x | |
| Bitget ZETAUSDT | +0.0100% | 4h | 0.06151 | +0.114% | $2.5M | $74.0M | 50x | as long as short |
| BingX ZETA-USDT | +0.0100% | 4h | 0.06153 | +0.146% | — | $8.1M | — | as long as short |
Bitget ZETAUSDT
BingX ZETA-USDT