Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.042%
Price spread now: Injective against Hyperliquid−0.917%93s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$2 a day on $10k at the current rate, and Injective is 0.917% cheaper against Hyperliquid than usual: you would sell low and buy high (−$92 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid LINEA | 0.002836 | 0.0100 | pay 0.0013% / 1h | 35m 45s | $2.7M | $253K | 3x |
| Short | Injective LINEA/USDC PERP | 0.002810 | 0.0033 | get 0.0004% / 1h | 35m 45s | $734 | $39K | 5.5x |
Hyperliquid LINEA
Injective LINEA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.917% → 0.000%
- −$91.68
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$114.7
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 5 min ago; Injective: 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, 5 min ago | 1.76 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.
LINEA on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LINEAUSDT | −0.0052% | 4h | 0.002829 | −0.247% | $2.8M | $763K | 50x | as long as short |
| Injective LINEA/USDC PERPshort | +0.0033% | 1h | 0.002810 | −0.917% | $734 | $39K | 5.5x | |
| BloFin LINEA-USDT | +0.0069% | 4h | 0.002834 | −0.071% | $216K | $16K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002833 | −0.106% | $109K | $55K | 3x | as long as short |
| Hyperliquid LINEAlong | +0.0100% | 1h | 0.002836 | long leg | $2.7M | $253K | 3x | |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002834 | −0.074% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002828 | −0.282% | $4.0M | $3.5M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002825 | −0.388% | $1.2M | $919K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002837 | +0.035% | $242K | $61K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002827 | −0.317% | $3.9M | $1.1M | 100x | as long as short |
Bybit LINEAUSDT
BloFin LINEA-USDT
Lighter LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002839 | +0.106% | $543K | $50K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002835 | −0.035% | $1.1M | $481K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002829 | −0.247% | — | $2.6M | — | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002833 | −0.117% | $113K | $59K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002839 | +0.100% | $141K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | +0.141% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002890 | +1.904% | $2K | $1.4M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002828 | −0.299% | $12K | $177K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0269% | 1h | 0.002833 | −0.105% | $4K | — | 3x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0295% | 1h | 0.002832 | −0.152% | $84K | $51K | 10x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0448% / S −0.0181% | 1h | 0.002836 | 0.000% | $32K | — | 100x | as long as short |
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
Backpack LINEA_USDC_PERP
GMX LINEA/USD [ETH-USDC]