Funding you earn now, next payment 00:00 UTC−0.0539%/8h= −59.0% APRnext payment −$0.67 per $10,000 · paid last 24h −0.133%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.171%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and gTrade (Gains Network) is 0.171% cheaper against Hyperliquid than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid INJ | 7.8591 | 0.0541 | pay 0.0068% / 1h | 26m 15s | $26.5M | $9.6M | 5x |
| Short | gTrade (Gains Network) INJ/USD | 7.8457 | L +0.0006% / S −0.0002% | get 0.0000% / 1h | 26m 15s | $3K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$113.22
- Price spread: −0.171% → 0.000%
- −$17.1
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$149.32
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; gTrade (Gains Network): no order-book sample. 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, 7 min ago | 1.01 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 7.8441 | −0.191% | — | — | 20x | as long as short |
| Deribit INJ_USDC-PERPETUAL | −0.0094% | 1h | 7.8438 | −0.195% | $7K | $23K | 25x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.8536 | −0.071% | $91K | $8K | 5x | as long as short |
| gTrade (Gains Network) INJ/USDshort | L +0.0006% / S −0.0002% | 1h | 7.8457 | −0.171% | $3K | — | 150x | |
| Aevo INJ-PERP | +0.0096% | 1h | 7.8431 | −0.204% | $71K | $13K | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0099% | 8h | 7.8430 | −0.205% | $38K | $66K | 10x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.8598 | +0.009% | $150K | $449K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.8445 | −0.186% | $35.6M | $95.0M | 75x | as long as short |
| Bybit INJUSDT | +0.0100% | 8h | 7.8373 | −0.277% | $22.1M | $32.1M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.8330 | −0.332% | $6.4M | $20.2M | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate INJ_USDT | +0.0100% | 8h | 7.8420 | −0.218% | $2.8M | $5.1M | 50x | as long as short |
| KuCoin INJUSDTM | +0.0100% | 8h | 7.8480 | −0.141% | $9.5M | $16.6M | 50x | as long as short |
| Bitget INJUSDT | +0.0100% | 8h | 7.8400 | −0.243% | $14.5M | $10.5M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.8456 | −0.172% | $280K | $160K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.8670 | +0.101% | $48K | $348K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.8415 | −0.223% | $119K | $460K | 10x | as long as short |
| Kraken Futures PF_INJUSD | +0.0204% | 1h | 7.8478 | −0.144% | $903K | $3.0M | 50x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.8670 | +0.101% | $1.8M | $7.7M | 75x | as long as short |
| BingX INJ-USDT | +0.0271% | 8h | 7.8440 | −0.192% | — | $21.6M | — | as long as short |
| MEXC INJ_USDT | +0.0285% | 8h | 7.8500 | −0.116% | $31.8M | $22.7M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0356% / S −0.0418% | 1h | 7.8440 | −0.192% | $47K | — | 100x | as long as short |
| Hyperliquid INJlong | +0.0541% | 1h | 7.8591 | long leg | $26.5M | $9.6M | 5x | |
| Coinbase International INJ-PERP-INTX | +0.0632% | 1h | 7.8930 | +0.431% | $386K | $719K | 50x | as long as short |
| Injective INJ/USDC PERP | +0.1298% | 1h | 7.8960 | +0.470% | $329K | $12.1M | 30x | as long as short |
Hyperliquid INJ
gTrade (Gains Network) INJ/USD
Deribit INJ_USDC-PERPETUAL
Aster INJUSDT
Binance INJUSDT
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
KuCoin INJUSDTM
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
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