Funding you earn now, next payment 08:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.094%
Price spread now: Injective against gTrade (Gains Network)+0.313%55s7-day average +0.148% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.768%+$77 on $10k
+Price spread, last 4 days (all we have)−0.582%−$58 · spread now +0.313%, 7d avg +0.148%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 0.165% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.148%. The two prices were read 55 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 | gTrade (Gains Network) HYPE/USD | 94.444 | L +0.0002% / S 0.0000% | pay 0.0000% / 1h | 15m 26s | $124K | — | 150x |
| Short | Injective HYPE/USDC PERP | 94.740 | 0.0185 | get 0.0023% / 1h | 15m 26s | $31K | $340K | 12x |
gTrade (Gains Network) HYPE/USD
Injective HYPE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against gTrade (Gains Network). 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
- $38.56
- Price spread: +0.313% → +0.148%
- $16.47
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $45.01
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 54 min ago; Injective: live order book, 24 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 gTrade (Gains Network) virtual book (oracle venue), 54 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 731.2 bp −$73.1K | 7341.5 bp −$3.67M |
| Sell Injective live order book, 24 min ago | 24.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1704% | 1h | 94.362 | −0.087% | $202K | $255K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0394% | 1h | 94.381 | −0.067% | $80K | $152K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0214% | 1h | 94.390 | −0.057% | $712K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | −0.0190% | 1h | 94.444 | 0.000% | $112K | $576K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0154% | 1h | 94.355 | −0.094% | $22K | $20K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0112% | 1h | 94.444 | 0.000% | $88K | $366K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.424 | −0.021% | $3K | $331 | 25x | as long as short |
| Derive HYPE-PERP | −0.0061% | 1h | 94.393 | −0.055% | $16.4M | $7.5M | 10x | as long as short |
| Arcus HYPE-USD | −0.0045% | 1h | 94.413 | −0.033% | $1.0M | $3.6M | 10x | as long as short |
| Lighter HYPE | −0.0032% | 1h | 94.436 | −0.009% | $16.4M | $64.6M | 20x | as long as short |
Hibachi HYPE/USDT-P
Bluefin HYPE-PERP
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Derive HYPE-PERP
Arcus HYPE-USD
Lighter HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYPEUSDT | −0.0019% | 8h | 94.400 | −0.047% | $317.3M | $289.0M | 75x | as long as short |
| BingX HYPE-USDT | −0.0018% | 4h | 94.408 | −0.038% | — | $52.8M | — | as long as short |
| Orderly PERP_HYPE_USDC | −0.0008% | 4h | 94.398 | −0.049% | $147K | $686K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.464 | +0.021% | $130K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.523 | +0.083% | $1.9M | $5.6M | 2.3x | as long as short |
| Phoenix HYPE | 0.0000% | 1h | 94.517 | +0.077% | $209K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.416 | −0.030% | $19K | $287K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDlong | L +0.0002% / S 0.0000% | 1h | 94.444 | long leg | $124K | — | 150x | |
| Polymarket Perps HYPE-USD | +0.0011% | 1h | 94.448 | +0.004% | $498K | $2.8M | 20x | as long as short |
| Bitget HYPEUSDT | +0.0026% | 4h | 94.390 | −0.057% | $226.7M | $100.1M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0035% | 8h | 94.452 | +0.008% | $337K | $154K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0036% | 8h | 94.457 | +0.013% | $12.9M | $2.9M | 50x | as long as short |
| Vest HYPE-PERP | +0.0041% | 1h | 94.483 | +0.041% | — | $190K | 5x | as long as short |
| SoDEX HYPE-USD | +0.0052% | 1h | 94.409 | −0.037% | $2.1M | $1.9M | 10x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0064% | 1h | 94.470 | +0.027% | $4.7M | $6.2M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0066% | 8h | 94.414 | −0.032% | $117.7M | $325.5M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0083% | 4h | 94.437 | −0.008% | $5.0M | $30.8M | 30x | as long as short |
| Gate HYPE_USDT | +0.0094% | 4h | 94.406 | −0.041% | $50.3M | $56.8M | 75x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.438 | −0.007% | $3.2M | $10.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.419 | −0.027% | $79K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.430 | −0.015% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.430 | −0.016% | $7.2M | $52.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.502 | +0.061% | $2.08B | $688.1M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.429 | −0.016% | $8.8M | $37.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.456 | +0.012% | $10.2M | $15.0M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.417 | −0.029% | $378.6M | $933.4M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.307 | −0.146% | $218K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.416 | −0.030% | $89.6M | $84.1M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.426 | −0.019% | $46.9M | $18.9M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.366 | −0.083% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.390 | −0.057% | $29.6M | $54.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.361 | −0.088% | $7.6M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.316 | −0.136% | $370K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.457 | +0.013% | $683K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.473 | +0.030% | $32K | $1.6M | 20x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.570 | +0.133% | $1.4M | $6.8M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.407 | −0.039% | $18.3M | $43.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.399 | −0.048% | $399K | $154K | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0150% / S +0.0022% | 1h | 94.459 | +0.016% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0152% | 1h | 94.497 | +0.056% | $7.5M | $4.3M | 50x | as long as short |
| Injective HYPE/USDC PERPshort | +0.0185% | 1h | 94.740 | +0.313% | $31K | $340K | 12x | |
| Kraken Futures PF_HYPEUSD | +0.0223% | 1h | 94.452 | +0.008% | $20.2M | $30.2M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0249% | 1h | 94.451 | +0.007% | $3.2M | $6.4M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.388 | −0.059% | $85K | $120K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.465 | +0.022% | $17.1M | $12.4M | 75x | as long as short |
Bybit HYPEUSDT
BingX HYPE-USDT
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Kalshi KXHYPEPERP
Phoenix HYPE
Perpl HYPE
Polymarket Perps HYPE-USD
Bitget HYPEUSDT
Paradex HYPE-USD-PERP
Phemex HYPEUSDT
Vest HYPE-PERP
SoDEX HYPE-USD
Coinbase International HYPE-PERP-INTX
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Gate HYPE_USDT
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
SunX HYPE-USDT
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC
Reya HYPERUSDPERP
BloFin HYPE-USDT