VIRTUAL: 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

+9%

APR right now

Price gap

+0.143%

between legs

Average spread

+1%

over 24h from our own samples

Over 7 days

+1%

samples: 108

ExtendedLONG

Bid / ask0.72824 / 0.72843

Mark price0.728572

Volume 24h$320.55K

Open interest$54.58K

Rate+0.0013%

APR+11%

Interval / next payout1h / 23m

Extended

HyperliquidSHORT

Bid / ask0.72947 / 0.73009

Mark price0.72997

Volume 24h$4.02M

Open interest$9.05M

Rate+0.0023%

APR+20%

Interval / next payout1h / 23m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 41% 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.