Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Hyperliquid−0.072%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1861.862% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.072%, 7d avg −0.039%
=Together, before fees−0.098%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.034% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ALGO | 0.1124 | 0.0100 | pay 0.0013% / 1h | 0m 17s | $3.7M | $2.0M | 5x |
| Short | KuCoin ALGOUSDTM | 0.1124 | 0.0100 | get 0.0100% / 8h | 4h 00m | $3.5M | $1.5M | 50x |
Hyperliquid ALGO
KuCoin ALGOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Hyperliquid. 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
- $0
- Price spread: −0.072% → −0.039%
- −$3.35
- Slippage, 4 orders
- −$165.18
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$189.53
- Costs to cover
- 1.862%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 1 min ago; KuCoin: live order book, 7 min ago.
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 Hyperliquid live order book, 1 min ago | 1.78 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 3.58 bp | 93.8 bp −$94 | 214.0 bp −$2,140 | doesn't fit | doesn't fit |
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1123 | −0.142% | $17K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1122 | −0.179% | $89K | $44K | 25x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.392% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1119 | −0.490% | $88K | $285K | 50x | as long as short |
| Hyperliquid ALGOlong | +0.0100% | 1h | 0.1124 | long leg | $3.7M | $2.0M | 5x | |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1123 | −0.116% | $45K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1123 | −0.117% | $9.7M | $34.4M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1122 | −0.188% | $11.3M | $12.5M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1124 | −0.081% | $2.8M | $7.9M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1121 | −0.259% | $871K | $905K | 50x | as long as short |
gTrade (Gains Network) ALGO/USD
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1123 | −0.134% | $23.3M | $3.1M | 200x | as long as short |
| KuCoin ALGOUSDTMshort | +0.0100% | 8h | 0.1124 | −0.072% | $3.5M | $1.5M | 50x | |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1123 | −0.125% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1123 | −0.170% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1121 | −0.330% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1122 | −0.188% | $61K | $136K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1124 | −0.036% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1123 | −0.163% | $4K | $231K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1122 | −0.214% | $483K | $885K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0320% / S −0.0264% | 1h | 0.1123 | −0.107% | $6K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0374% | 1h | 0.1122 | −0.183% | $829K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.0890% | 1h | 0.1123 | −0.144% | $162K | $4K | 5x | as long as short |
MEXC ALGO_USDT
Bitget ALGOUSDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD
dYdX ALGO-USD