Funding you earn now, next payment 22:00 UTC+0.1389%/8h= +152.1% APRnext payment +$1.74 per $10,000 · paid last 24h +0.067%
Price spread now: Hyperliquid against Injective−0.235%93s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.206%+$21 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
Funding pays, the price is against you. Hyperliquid is 0.235% cheaper against Injective than usual: you would sell low and buy high (spread −0.235% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 14 hours of funding at the current rate (+$42 a day). At the pace of the last 7 days (+0.206% in total) that is about 8.0 days. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.206% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.74 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 | Injective COMP/USDC PERP | 22.330 | −0.1289 | get 0.0161% / 1h | 57m 28s | $4K | $12K | 12x |
| Short | Hyperliquid COMP | 22.277 | 0.0100 | get 0.0013% / 1h | 57m 28s | $838K | $542K | 5x |
Injective COMP/USDC PERP
Hyperliquid COMPFunding 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
- $291.65
- Price spread: −0.235% → 0.000%
- −$23.51
- 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
- $259.12
- Costs to cover
- 0.090%
- Break-even
- 0.8 days
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 27 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, 27 min ago | 2.23 bp | 26.6 bp −$27 | 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.
COMP on 16 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 COMP/USDC PERPlong | −0.1289% | 1h | 22.330 | long leg | $4K | $12K | 12x | |
| Kraken Futures PF_COMPUSD | −0.0850% | 1h | 22.329 | −0.005% | $235K | $86K | 20x | as long as short |
| Deribit COMP_USDC-PERPETUAL | −0.0198% | 1h | 22.290 | −0.179% | $227 | $229 | 50x | as long as short |
| Coinbase International COMP-PERP-INTX | −0.0024% | 1h | 22.420 | +0.403% | $18K | $52K | 25x | as long as short |
| dYdX COMP-USD | 0.0000% | 1h | 22.270 | −0.269% | $67K | — | 5x | as long as short |
| BloFin COMP-USDT | +0.0090% | 8h | 22.300 | −0.134% | $240K | $159K | 20x | as long as short |
| Hyperliquid COMPshort | +0.0100% | 1h | 22.277 | −0.235% | $838K | $542K | 5x | |
| Binance COMPUSDT | +0.0100% | 8h | 22.250 | −0.358% | $4.2M | $8.3M | 75x | as long as short |
| Bybit COMPUSDT | +0.0100% | 8h | 22.270 | −0.269% | $3.8M | $2.2M | 75x | as long as short |
| OKX COMP-USDT-SWAP | +0.0100% | 8h | 22.260 | −0.313% | $1.6M | $2.3M | 20x | as long as short |
Kraken Futures PF_COMPUSD
Deribit COMP_USDC-PERPETUAL
Coinbase International COMP-PERP-INTX
dYdX COMP-USD
BloFin COMP-USDT
Binance COMPUSDT
Bybit COMPUSDT
OKX COMP-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate COMP_USDT | +0.0100% | 8h | 22.230 | −0.448% | $219K | $82K | 25x | as long as short |
| MEXC COMP_USDT | +0.0100% | 8h | 22.250 | −0.358% | $2.9M | $799K | 20x | as long as short |
| KuCoin COMPUSDTM | +0.0100% | 8h | 22.260 | −0.313% | $451K | $112K | 30x | as long as short |
| Bitget COMPUSDT | +0.0100% | 8h | 22.270 | −0.269% | $1.9M | $770K | 75x | as long as short |
| BingX COMP-USDT | +0.0100% | 8h | 22.250 | −0.358% | — | $36.3M | — | as long as short |
| Variational Omni COMP | +0.0100% | 8h | 22.320 | −0.043% | $15K | $39K | — | as long as short |
Gate COMP_USDT
MEXC COMP_USDT
KuCoin COMPUSDTM
Bitget COMPUSDT
BingX COMP-USDT
Variational Omni COMP