Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.053%
Price spread now: Hyperliquid against KuCoin+0.050%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.050%, 7d avg +0.070%
=Together, before fees+0.079%+ Points / potential airdropHyperliquid: Season 2 · farm board+$8 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: Hyperliquid is 0.020% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARBUSDTM | 0.2220 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $19.6M | $15.7M | 75x |
| Short | Hyperliquid ARB | 0.2221 | 0.0100 | get 0.0013% / 1h | 7m 03s | $38.7M | $51.4M | 10x |
KuCoin ARBUSDTM
Hyperliquid ARBFunding 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: +0.050% → +0.070%
- −$2.01
- Slippage, 4 orders
- −$32.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$55.89
- Costs to cover
- 0.539%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Hyperliquid: live order book, 6 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, 2 min ago | 1.13 bp | 24.0 bp −$24 | 49.3 bp −$493 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.23 bp | 6.6 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
ARB on 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1692% | 1h | 0.2210 | −0.446% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0231% | 1h | 0.2219 | −0.032% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0216% | 1h | 0.2218 | −0.063% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2213 | −0.294% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0128% | 8h | 0.2219 | −0.050% | $22.4M | $155.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0127% | 8h | 0.2219 | −0.032% | $39.0M | $60.2M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0068% | 8h | 0.2218 | −0.086% | $13K | $382K | 10x | as long as short |
| Gate ARB_USDT | −0.0060% | 8h | 0.2220 | −0.009% | $5.4M | $20.0M | 60x | as long as short |
| Bybit ARBUSDT | −0.0040% | 8h | 0.2219 | −0.045% | $56.5M | $128.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0020% | 1h | 0.2219 | −0.032% | $24K | $34K | 25x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUALShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0004% | 8h | 0.2220 | +0.023% | $64.6M | $315.9M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2220 | +0.025% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2218 | −0.084% | $352K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2219 | −0.019% | $10K | — | 150x | as long as short |
| ApeX Omni ARBUSDT | +0.0059% | 1h | 0.2208 | −0.536% | $119K | $286K | 50x | as long as short |
| Phemex ARBUSDT | +0.0065% | 8h | 0.2220 | +0.005% | $5.0M | $12.9M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2220 | −0.012% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2220 | −0.009% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2221 | +0.050% | $38.7M | $51.4M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2219 | −0.054% | $661K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2220 | +0.020% | $42K | $183K | 10x | as long as short |
| KuCoin ARBUSDTMlong | +0.0100% | 8h | 0.2220 | long leg | $19.6M | $15.7M | 75x | |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2219 | −0.041% | $21.3M | $36.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2219 | −0.027% | — | $54.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2206 | −0.606% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2206 | −0.620% | $479K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2217 | −0.113% | $98K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2221 | +0.050% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2220 | +0.027% | $298K | $991K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2225 | +0.230% | $508K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2220 | −0.003% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2216 | −0.172% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0311% | 1h | 0.2221 | +0.032% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2220 | +0.002% | $481K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0534% | 1h | 0.2223 | +0.149% | $1.0M | $2.8M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Phemex ARBUSDT
Aevo ARB-PERP
Lighter ARB
Aster ARBUSDT
Pacifica ARB
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP