Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Hyperliquid against KuCoin+0.123%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2242.236% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.123%, 7d avg +0.122%
=Together, before fees+0.044%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARUSDTM | 4.4760 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $1.4M | $1.2M | 50x |
| Short | Hyperliquid AR | 4.4815 | 0.0100 | get 0.0013% / 1h | 39m 37s | $3.8M | $4.8M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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: +0.123% → +0.122%
- $0.08
- Slippage, 4 orders
- −$202.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$223.53
- Costs to cover
- 2.236%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Hyperliquid: live order book, 2 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 KuCoin live order book, 6 min ago | 5.59 bp | 99.0 bp −$99 | 518.2 bp −$5,182 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 4.47 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.2005% | 1h | 4.4745 | −0.034% | $46K | $155K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.4782 | +0.050% | $576K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | +2.145% | $3K | $363 | 5.5x | as long as short |
| Hyperliquid ARshort | +0.0100% | 1h | 4.4815 | +0.123% | $3.8M | $4.8M | 5x | |
| Aster ARUSDT | +0.0100% | 8h | 4.4723 | −0.082% | $20K | $630K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.4730 | −0.067% | $8.8M | $56.7M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.4720 | −0.089% | $4.6M | $8.9M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.4690 | −0.156% | $2.2M | $20.7M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.4730 | −0.067% | $2.5M | $2.3M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.4720 | −0.089% | $6.7M | $4.8M | 100x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTMlong | +0.0100% | 8h | 4.4760 | long leg | $1.4M | $1.2M | 50x | |
| Bitget ARUSDT | +0.0100% | 8h | 4.4700 | −0.134% | $3.8M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.4730 | −0.067% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.4670 | −0.201% | $137K | $173K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4700 | −0.134% | $57K | $747K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.4724 | −0.081% | $36K | $237K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.4710 | −0.112% | $422K | $674K | 20x | as long as short |
KuCoin ARUSDTM
Hyperliquid AR
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT