Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.110%
Price spread now: Aster against Hyperliquid−0.147%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.147%, 7d avg −0.095%
=Together, before fees−0.028%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$3 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: Aster is 0.051% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INJ | 7.5619 | 0.0100 | pay 0.0013% / 1h | 21m 17s | $25.4M | $8.7M | 5x |
| Short | Aster INJUSDT | 7.5508 | 0.0100 | get 0.0100% / 8h | 2h 21m | $138K | $420K | 20x |
Hyperliquid INJ
Aster INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Hyperliquid. 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: −0.147% → −0.095%
- −$5.12
- Slippage, 4 orders
- −$27.73
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$49.85
- Costs to cover
- 0.447%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; Aster: live order book, 26 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 Hyperliquid live order book, 12 min ago | 0.33 bp | 8.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 26 min ago | 3.97 bp | 15.1 bp −$15 | 93.1 bp −$931 | 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 | −0.0214% | 1h | 7.5452 | −0.220% | $777K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5513 | −0.140% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5521 | −0.129% | $78K | $17K | 5x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0028% | 1h | 7.5470 | −0.197% | $16K | — | 150x | as long as short |
| Deribit INJ_USDC-PERPETUAL | +0.0042% | 1h | 7.5468 | −0.199% | $6K | $24K | 25x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5437 | −0.240% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5470 | −0.197% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJlong | +0.0100% | 1h | 7.5619 | long leg | $25.4M | $8.7M | 5x | |
| Aster INJUSDTshort | +0.0100% | 8h | 7.5508 | −0.147% | $138K | $420K | 20x | |
| Binance INJUSDT | +0.0100% | 8h | 7.5509 | −0.145% | $32.9M | $97.2M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5422 | −0.260% | $20.8M | $31.6M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5450 | −0.223% | $6.1M | $18.7M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5490 | −0.170% | $2.6M | $5.3M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.5520 | −0.131% | $8.4M | $18.2M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.5470 | −0.197% | $13.8M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5023 | −0.788% | $268K | $149K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5270 | −0.461% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5479 | −0.185% | $112K | $562K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5260 | −0.474% | $1.6M | $5.6M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5490 | −0.170% | — | $20.7M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5510 | −0.144% | $29.9M | $20.1M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5466 | −0.202% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.5670 | +0.068% | $371K | $636K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1029% | 1h | 7.5860 | +0.319% | $316K | $12.1M | 30x | as long as short |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
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