Funding you earn now, next payment 01:00 UTC−0.0874%/8h= −95.7% APRnext payment −$1.09 per $10,000 · paid last 24h +0.099%
Price spread now: Hyperliquid against Injective−0.382%93s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.067%+$207 on $10k
+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 −$26 a day on $10k at the current rate, and Hyperliquid is 0.382% cheaper against Injective than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.067%, so the current rate has only just turned against you. 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 | Injective SEI/USDC PERP | 0.06025 | 0.0974 | pay 0.0122% / 1h | 13m 45s | $9K | $43K | 12x |
| Short | Hyperliquid SEI | 0.06002 | 0.0100 | get 0.0013% / 1h | 13m 45s | $3.5M | $6.3M | 5x |
Injective SEI/USDC PERP
Hyperliquid SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Injective. 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
- −$183.46
- Price spread: −0.382% → 0.000%
- −$38.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$230.65
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 8 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 Injective no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 1.34 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
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.
SEI on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.06002 | −0.380% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0109% | 8h | 0.05984 | −0.688% | $320K | $210K | — | as long as short |
| Deribit SEI_USDC-PERPETUAL | −0.0083% | 1h | 0.06001 | −0.398% | $10K | $72K | 25x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06002 | −0.387% | — | — | 150x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06000 | −0.415% | $273K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06000 | −0.415% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.06002 | −0.382% | $3.5M | $6.3M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05994 | −0.508% | $314K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05998 | −0.448% | $14.4M | $127.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05991 | −0.564% | $14.1M | $35.9M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
Deribit SEI_USDC-PERPETUAL
gTrade (Gains Network) SEI/USD
Lighter SEI
Orderly PERP_SEI_USDC
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05995 | −0.498% | $3.2M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05996 | −0.481% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05996 | −0.481% | $35.9M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05995 | −0.498% | $6.2M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05993 | −0.531% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05991 | −0.564% | — | $33.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06003 | −0.365% | $119K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05989 | −0.602% | $212K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05980 | −0.747% | $109K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06004 | −0.349% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05994 | −0.507% | $77K | $542K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05989 | −0.598% | $34K | $207K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0178% | 1h | 0.06003 | −0.366% | $372K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05998 | −0.448% | $728K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05994 | −0.517% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERPlong | +0.0974% | 1h | 0.06025 | long leg | $9K | $43K | 12x | |
| dYdX SEI-USD | +0.1013% | 1h | 0.05997 | −0.460% | $102K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
dYdX SEI-USD