Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.057%
Price spread now: Hyperliquid against Injective−0.585%7-day average −0.659% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.373%+$37 on $10k
+Price spread, last 4 days (all we have)+6.103%+$610 · spread now −0.585%, 7d avg −0.659%
=Together, before fees+6.476%+ Points / potential airdropHyperliquid: Season 2 · farm board+$648 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.074% dearer against Injective than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.659%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AERO/USDC PERP | 0.6902 | 0.0033 | pay 0.0004% / 1h | 45m 02s | $4 | $209K | 5.5x |
| Short | Hyperliquid AERO | 0.6862 | 0.0100 | get 0.0013% / 1h | 45m 02s | $23.0M | $5.1M | 3x |
Injective AERO/USDC PERP
Hyperliquid AEROFunding 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: −0.585% → −0.659%
- $7.38
- 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
- $12.36
- Costs to cover
- 0.090%
- Break-even
- 0.8 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 | 0.87 bp | doesn't fit | 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.
AERO on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AERO/USDC PERPlong | +0.0033% | 1h | 0.6902 | long leg | $4 | $209K | 5.5x | |
| Deribit AERO_USDC-PERPETUAL | +0.0042% | 1h | 0.6861 | −0.594% | $54K | $11K | 10x | as long as short |
| Hyperliquid AEROshort | +0.0100% | 1h | 0.6862 | −0.585% | $23.0M | $5.1M | 3x | |
| Aster AEROUSDT | +0.0100% | 4h | 0.6865 | −0.537% | $39K | $116K | 10x | as long as short |
| Binance AEROUSDT | +0.0100% | 4h | 0.6862 | −0.582% | $26.0M | $24.9M | 75x | as long as short |
| Bybit AEROUSDT | +0.0100% | 4h | 0.6860 | −0.609% | $22.3M | $18.3M | 25x | as long as short |
| OKX AERO-USDT-SWAP | +0.0100% | 4h | 0.6859 | −0.623% | $2.3M | $5.8M | 20x | as long as short |
| Gate AERO_USDT | +0.0100% | 4h | 0.6857 | −0.652% | $1.6M | $458K | 75x | as long as short |
| MEXC AERO_USDT | +0.0100% | 4h | 0.6861 | −0.594% | $8.2M | $1.5M | 100x | as long as short |
| KuCoin AEROUSDTM | +0.0100% | 4h | 0.6862 | −0.580% | $2.1M | $928K | 50x | as long as short |
Deribit AERO_USDC-PERPETUAL
Aster AEROUSDT
Binance AEROUSDT
Bybit AEROUSDT
OKX AERO-USDT-SWAP
Gate AERO_USDT
MEXC AERO_USDT
KuCoin AEROUSDTMShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AEROUSDT | +0.0100% | 4h | 0.6858 | −0.637% | $4.0M | $1.8M | 75x | as long as short |
| BingX AERO-USDT | +0.0100% | 4h | 0.6860 | −0.609% | — | $1.7M | — | as long as short |
| Variational Omni AERO | +0.0100% | 4h | 0.6856 | −0.663% | $2.0M | $1.2M | — | as long as short |
| Extended AERO-USD | +0.0104% | 1h | 0.6857 | −0.649% | $208K | $2.0M | 10x | as long as short |
| Aevo AERO-PERP | +0.0104% | 1h | 0.6857 | −0.645% | $46K | — | 3x | as long as short |
| Reya AERORUSDPERP | +0.0228% | 1h | 0.6860 | −0.604% | $19K | $4K | 15x | as long as short |
| 01 Exchange AEROUSD | +0.0312% | 1h | 0.6868 | −0.497% | $186 | $101 | 3x | as long as short |
| BloFin AERO-USDT | +0.0340% | 4h | 0.6860 | −0.609% | $939K | $597K | 25x | as long as short |
| GMX AERO/USD [ETH-USDC] | L +0.0506% / S −0.0237% | 1h | 0.6859 | −0.628% | $89K | — | 100x | as long as short |
| RISEx AERO/USDC | +0.0677% | 1h | 0.6863 | −0.560% | $201K | $434K | 3x | as long as short |
| Lighter AERO | +0.0728% | 1h | 0.6873 | −0.425% | $1.3M | $484K | 3x | as long as short |
| Backpack AERO_USDC_PERP | +0.0816% | 1h | 0.6868 | −0.487% | $112K | $292K | 15x | as long as short |
| Coinbase International AERO-PERP-INTX | +0.6656% | 1h | 0.6869 | −0.478% | $90K | $36K | 25x | as long as short |
Bitget AEROUSDT
BingX AERO-USDT
Variational Omni AERO
Extended AERO-USD
Aevo AERO-PERP
Reya AERORUSDPERP
01 Exchange AEROUSD
BloFin AERO-USDT
GMX AERO/USD [ETH-USDC]
RISEx AERO/USDC
Lighter AERO
Backpack AERO_USDC_PERP
Coinbase International AERO-PERP-INTX