Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.114%
Price spread now: Hyperliquid against Bitget+0.195%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.195%, 7d avg +0.121%
=Together, before fees+0.089%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.073% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.121%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INJUSDT | 7.5570 | 0.0100 | pay 0.0100% / 8h | 3h 11m | $13.8M | $10.2M | 75x |
| Short | Hyperliquid INJ | 7.5717 | 0.0100 | get 0.0013% / 1h | 11m 28s | $25.5M | $8.7M | 5x |
Bitget INJUSDT
Hyperliquid INJFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $0
- Price spread: +0.195% → +0.121%
- $7.33
- Slippage, 4 orders
- −$19.1
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$32.77
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Hyperliquid: live order book, 12 min ago.
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 Bitget live order book, 2 min ago | 1.32 bp | 14.9 bp −$15 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.53 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
INJ on 24 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_INJUSD | −0.0234% | 1h | 7.5671 | +0.134% | $778K | $3.4M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5573 | +0.004% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5661 | +0.121% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5657 | +0.115% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5659 | +0.118% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5625 | +0.072% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5650 | +0.106% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJshort | +0.0100% | 1h | 7.5717 | +0.195% | $25.5M | $8.7M | 5x | |
| Aster INJUSDT | +0.0100% | 8h | 7.5659 | +0.118% | $138K | $419K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5650 | +0.106% | $33.0M | $96.4M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5603 | +0.044% | $21.0M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5590 | +0.026% | $6.2M | $18.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5600 | +0.040% | $2.6M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5660 | +0.119% | $9.7M | $17.7M | 50x | as long as short |
| Bitget INJUSDTlong | +0.0100% | 8h | 7.5570 | long leg | $13.8M | $10.2M | 75x | |
| Variational Omni INJ | +0.0100% | 8h | 7.5872 | +0.399% | $267K | $144K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5910 | +0.450% | $46K | $271K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5628 | +0.077% | $115K | $409K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5860 | +0.384% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5620 | +0.066% | — | $20.9M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5660 | +0.119% | $29.7M | $21.5M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5663 | +0.124% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0552% | 1h | 7.6070 | +0.662% | $368K | $619K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1172% | 1h | 7.6180 | +0.807% | $318K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP