AVAX: Extended → Hyperliquid
Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.
Spread
+63%
APR right now
Price gap
+0.172%
between legs
Average spread
+33%
over 24h from our own samples
Over 7 days
+33%
samples: 108
ExtendedLONG
Bid / ask11.124 / 11.128
Mark price11.1272
Volume 24h$2.07M
Open interest$666.72K
Rate+0.0013%
APR+11%
Interval / next payout1h / 25m
ExtendedHyperliquidSHORT
Bid / ask11.1471 / 11.1511
Mark price11.152
Volume 24h$51.03M
Open interest$43.48M
Rate+0.0085%
APR+75%
Interval / next payout1h / 25m
HyperliquidSpread from our samples
spread over the period: from 0% to 80% APR, 108 samples
The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.