ICP: 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

+7%

APR right now

Price gap

+0.147%

between legs

Average spread

+38%

over 24h from our own samples

Over 7 days

+38%

samples: 108

ExtendedLONG

Bid / ask3.0438 / 3.0466

Mark price3.0483

Volume 24h$142.62K

Open interest$22.59K

Rate+0.0013%

APR+11%

Interval / next payout1h / 23m

Extended

HyperliquidSHORT

Bid / ask3.0511 / 3.053

Mark price3.0535

Volume 24h$4.94M

Open interest$4.75M

Rate+0.0021%

APR+19%

Interval / next payout1h / 23m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 109% 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.