Funding you earn now, next payment 02:00 UTC+0.0268%/8h= +29.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.119%
Price spread now: Hyperliquid against Extended+0.116%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.247%+$25 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.116%, 7d avg +0.126%
=Together, before fees+0.255%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.126%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended INJ-USD | 7.8320 | 0.0104 | pay 0.0013% / 1h | 23m 55s | $116K | $365K | 10x |
| Short | Hyperliquid INJ | 7.8410 | 0.0372 | get 0.0047% / 1h | 23m 55s | $26.4M | $8.8M | 5x |
Extended INJ-USD
Hyperliquid INJFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- $56.33
- Price spread: +0.116% → +0.126%
- −$1.09
- Slippage, 4 orders
- −$29.17
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $12.07
- Costs to cover
- 0.432%
- Break-even
- 5.5 days
Slippage from Extended: live order book, 44 min ago; Hyperliquid: live order book, 9 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 Extended live order book, 44 min ago | 2.36 bp | 12.7 bp −$13 | 117.3 bp −$1,173 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.10 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
INJ 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8252 | −0.086% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8325 | +0.007% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8290 | −0.038% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0024% | 1h | 7.8322 | +0.003% | $81K | $17K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8310 | −0.012% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8322 | +0.003% | $149K | $424K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8361 | +0.053% | $35.6M | $91.6M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8330 | +0.013% | $22.1M | $31.0M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8330 | +0.013% | $6.4M | $19.1M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8320 | +0.001% | $2.8M | $4.9M | 50x | as long as short |
Reya INJRUSDPERP
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
dYdX INJ-USD
Aevo INJ-PERP
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8320 | +0.001% | $9.4M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8320 | +0.001% | $14.4M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8292 | −0.035% | $275K | $152K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.7770 | −0.702% | $47K | $281K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8310 | −0.012% | $35K | $80K | 10x | as long as short |
| Extended INJ-USDlong | +0.0104% | 1h | 7.8320 | long leg | $116K | $365K | 10x | |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0269% / S −0.0198% | 1h | 7.8262 | −0.074% | $30K | — | 100x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8320 | +0.001% | — | $21.4M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8380 | +0.077% | $31.8M | $21.3M | 300x | as long as short |
| Hyperliquid INJshort | +0.0372% | 1h | 7.8410 | +0.116% | $26.4M | $8.8M | 5x | |
| Kraken Futures PF_INJUSD | +0.0404% | 1h | 7.8344 | +0.031% | $876K | $3.0M | 50x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0624% | 1h | 7.8500 | +0.230% | $383K | $604K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1354% | 1h | 7.8520 | +0.256% | $327K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
GMX INJ/USD [WBTC.b-USDC]
BingX INJ-USDT
MEXC INJ_USDT
Kraken Futures PF_INJUSD
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP