Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARUSDTM4.47600.0100pay 0.0100% / 8h2h 39m$1.4M$1.2M50x
ShortHyperliquid AR4.48150.0100get 0.0013% / 1h39m 37s$3.8M$4.8M5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago5.59 bp99.0 bp −$99518.2 bp −$5,182doesn't fitdoesn't fit
Sell Hyperliquid live order book, 2 min ago4.47 bp13.7 bp −$14doesn't fitdoesn't fitdoesn't fit

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSD−0.2005%1h4.4745−0.034%$46K$155K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.4782+0.050%$576K50xas long as short
Injective AR/USDC PERP+0.0033%1h4.5720+2.145%$3K$3635.5xas long as short
Hyperliquid ARshort+0.0100%1h4.4815+0.123%$3.8M$4.8M5x
Aster ARUSDT+0.0100%8h4.4723−0.082%$20K$630K10xas long as short
Binance ARUSDT+0.0100%8h4.4730−0.067%$8.8M$56.7M75xas long as short
Bybit ARUSDT+0.0100%8h4.4720−0.089%$4.6M$8.9M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.4690−0.156%$2.2M$20.7M20xas long as short
Gate AR_USDT+0.0100%8h4.4730−0.067%$2.5M$2.3M50xas long as short
MEXC AR_USDT+0.0100%8h4.4720−0.089%$6.7M$4.8M100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARUSDTMlong+0.0100%8h4.4760long leg$1.4M$1.2M50x
Bitget ARUSDT+0.0100%8h4.4700−0.134%$3.8M$5.6M75xas long as short
BingX AR-USDT+0.0100%8h4.4730−0.067%$2.9Mas long as short
Variational Omni AR+0.0100%8h4.4670−0.201%$137K$173Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.4700−0.134%$57K$747K50xas long as short
Extended AR-USD+0.0104%1h4.4724−0.081%$36K$237K10xas long as short
BloFin AR-USDT+0.0220%8h4.4710−0.112%$422K$674K20xas long as short