Funding you earn now, next payment 01:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.107%
Price spread now: Bitget against Hyperliquid−0.102%7-day average −0.119% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.102%, 7d avg −0.119%
=Together, before fees−0.147%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.119%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.196% in total (about -10.2% a year). A funding rate is set anew for every payment. 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 | Hyperliquid INJ | 7.8340 | 0.0448 | pay 0.0056% / 1h | 14m 44s | $26.4M | $8.9M | 5x |
| Short | Bitget INJUSDT | 7.8260 | 0.0100 | get 0.0100% / 8h | 7h 14m | $14.4M | $10.1M | 75x |
Hyperliquid INJ
Bitget INJUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$73
- Price spread: −0.102% → −0.119%
- $1.73
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$92.27
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Bitget: live order book, 4 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 Hyperliquid live order book, 8 min ago | 1.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.92 bp | 19.6 bp −$20 | 33.8 bp −$338 | 107.1 bp −$10.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya INJRUSDPERP | −0.0200% | 1h | 7.8168 | −0.219% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.8207 | −0.170% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0006% / S −0.0002% | 1h | 7.8198 | −0.181% | $3K | — | 150x | as long as short |
| dYdX INJ-USD | +0.0038% | 1h | 7.8099 | −0.308% | $90K | $8K | 5x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8168 | −0.219% | $71K | — | 3x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8202 | −0.176% | $150K | $428K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8278 | −0.079% | $35.7M | $93.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8264 | −0.097% | $21.9M | $31.2M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8250 | −0.115% | $6.4M | $19.5M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.8230 | −0.140% | $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 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8280 | −0.077% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDTshort | +0.0100% | 8h | 7.8260 | −0.102% | $14.4M | $10.1M | 75x | |
| Variational Omni INJ | +0.0100% | 8h | 7.8073 | −0.341% | $278K | $155K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8120 | −0.281% | $48K | $313K | 50x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.8190 | −0.191% | $38K | $66K | 10x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8253 | −0.111% | $116K | $466K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0195% | 1h | 7.8245 | −0.122% | $886K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8160 | −0.230% | $1.8M | $7.4M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8250 | −0.115% | — | $21.5M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8270 | −0.089% | $31.7M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0355% / S −0.0418% | 1h | 7.8162 | −0.227% | $46K | — | 100x | as long as short |
| Hyperliquid INJlong | +0.0448% | 1h | 7.8340 | long leg | $26.4M | $8.9M | 5x | |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8260 | −0.102% | $385K | $635K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1436% | 1h | 7.8420 | +0.102% | $327K | $12.1M | 30x | as long as short |
KuCoin INJUSDTM
Variational Omni INJ
ApeX Omni INJUSDT
Orderly PERP_INJ_USDC
Extended INJ-USD
Kraken Futures PF_INJUSD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX
Injective INJ/USDC PERP