ETHFI: 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

+6%

APR right now

Price gap

+0.145%

between legs

Average spread

+2%

over 24h from our own samples

Over 7 days

+2%

samples: 108

ExtendedLONG

Bid / ask0.71801 / 0.71831

Mark price0.718538

Volume 24h$445.65K

Open interest$99.82K

Rate+0.0006%

APR+5%

Interval / next payout1h / 22m

Extended

HyperliquidSHORT

Bid / ask0.71935 / 0.71997

Mark price0.7198

Volume 24h$8.88M

Open interest$18.06M

Rate+0.0013%

APR+11%

Interval / next payout1h / 22m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 39% 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.