Funding you earn now, next payment 04:00 UTC+0.0758%/8h= +83.0% APRnext payment +$0.95 per $10,000 · paid last 24h +0.255%
Price spread now: Hyperliquid against Injective−0.591%7-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
Funding pays, the price is against you. Hyperliquid is 0.591% cheaper against Injective than usual: you would sell low and buy high (spread −0.591% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$59 on $10k: about 2.6 days of funding at the current rate (+$23 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XMR/USDC PERP | 582.55 | −0.0136 | get 0.0017% / 1h | 47m 00s | $3K | $3K | 12x |
| Short | Hyperliquid XMR | 579.11 | 0.0622 | get 0.0078% / 1h | 47m 00s | $87.1M | $70.9M | 5x |
Funding 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
- $159.16
- Price spread: −0.591% → 0.000%
- −$59.09
- 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
- $91.05
- Costs to cover
- 0.090%
- Break-even
- 3.0 days
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 7 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, 7 min ago | 0.43 bp | 5.6 bp −$6 | 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.
XMR on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERPlong | −0.0136% | 1h | 582.55 | long leg | $3K | $3K | 12x | |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0010% | 1h | 577.83 | −0.811% | $45K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 578.35 | −0.721% | $3.3M | $7.4M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 579.07 | −0.597% | $1.0M | $655K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 578.64 | −0.671% | $30K | $2.1M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 578.51 | −0.694% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 578.00 | −0.781% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0148% | 1h | 577.57 | −0.855% | $5.5M | $19.6M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 578.87 | −0.632% | $12K | — | 3x | as long as short |
| Backpack XMR_USDC_PERP | +0.0355% | 1h | 578.38 | −0.716% | $170K | $534K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0421% | 8h | 579.05 | −0.601% | $47.0M | $63.7M | 75x | as long as short |
| Gate XMR_USDT | +0.0452% | 8h | 578.27 | −0.735% | $1.6M | $4.4M | 50x | as long as short |
| dYdX XMR-USD | +0.0454% | 1h | 577.76 | −0.822% | $105K | $44K | 5x | as long as short |
| MEXC XMR_USDT | +0.0486% | 8h | 579.12 | −0.589% | $20.5M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0487% | 8h | 579.13 | −0.587% | $52.7M | $164.4M | 75x | as long as short |
| BingX XMR-USDT | +0.0542% | 8h | 579.06 | −0.599% | — | $5.6M | — | as long as short |
| Bitget XMRUSDT | +0.0568% | 8h | 578.45 | −0.704% | $9.5M | $13.8M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0613% | 8h | 578.37 | −0.718% | $47.5M | $25.0M | 50x | as long as short |
| Hyperliquid XMRshort | +0.0622% | 1h | 579.11 | −0.591% | $87.1M | $70.9M | 5x | |
| Pacifica XMR | +0.0626% | 1h | 578.67 | −0.665% | $267K | $1.1M | 10x | as long as short |
| Nado XMR-PERP | +0.0640% | 1h | 578.99 | −0.611% | $1.3M | $463K | 10x | as long as short |
| SoDEX XMR-USD | +0.0687% | 1h | 578.72 | −0.657% | $440K | $3K | 5x | as long as short |
| Aster XMRUSDT | +0.0691% | 8h | 578.26 | −0.736% | $647K | $2.4M | 75x | as long as short |
| Extended XMR-USD | +0.0744% | 1h | 578.71 | −0.659% | $3.1M | $8.3M | 25x | as long as short |
| BloFin XMR-USDT | +0.0751% | 8h | 579.10 | −0.592% | $2.7M | $11.3M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0802% | 8h | 578.66 | −0.668% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0851% | 8h | 579.20 | −0.576% | $336K | $741K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0992% / S −0.1252% | 1h | 577.73 | −0.827% | $595K | — | 100x | as long as short |
| Variational Omni XMR | +0.1037% | 8h | 580.03 | −0.432% | $6.6M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1106% | 8h | 578.59 | −0.680% | $41K | $720K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2266% | 1h | 579.37 | −0.547% | $1K | $45K | 10x | as long as short |
Injective XMR/USDC PERP
Hyperliquid XMR
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Backpack XMR_USDC_PERP
Bybit XMRUSDT
Gate XMR_USDT
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
KuCoin XMRUSDTM
Pacifica XMR
SoDEX XMR-USD
Aster XMRUSDT
Extended XMR-USD
BloFin XMR-USDT
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Aftermath Perps XMRUSD