Funding you earn now, next payment 00:00 UTC−0.0322%/8h= −35.3% APRpaid last 24h −0.011%
Price spread now: KuCoin against Hyperliquid−0.103%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1411.410% of the position
Funding, last 7 days+0.154%+$15 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.103%, 7d avg +0.057%
=Together, before fees+0.304%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.160% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.057%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.154%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.154% in total (about 8.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AVNT | 0.1157 | 0.0100 | pay 0.0013% / 1h | 28m 20s | $685K | $301K | 5x |
| Short | KuCoin AVNTUSDTM | 0.1156 | −0.0222 | pay 0.0111% / 4h | 28m 20s | $2.2M | $4.5M | 25x |
Hyperliquid AVNT
KuCoin AVNTUSDTMFunding 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
- −$67.62
- Price spread: −0.103% → +0.057%
- −$16.03
- Slippage, 4 orders
- −$120.04
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$224.69
- Costs to cover
- 1.410%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 42 min ago; KuCoin: live order book, 4 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, 42 min ago | 1.30 bp | 14.2 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.59 bp | 53.9 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
AVNT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AVNT_USDC-PERPETUAL | −0.0614% | 1h | 0.1156 | −0.060% | $272 | $267 | 10x | as long as short |
| KuCoin AVNTUSDTMshort | −0.0222% | 4h | 0.1156 | −0.103% | $2.2M | $4.5M | 25x | |
| Backpack AVNT_USDC_PERP | −0.0034% | 1h | 0.1158 | +0.070% | $31K | $41K | 5x | as long as short |
| BloFin AVNT-USDT | +0.0092% | 4h | 0.1156 | −0.120% | $165K | $74K | 75x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1161 | +0.355% | $52K | $66K | 5x | as long as short |
| Hyperliquid AVNTlong | +0.0100% | 1h | 0.1157 | long leg | $685K | $301K | 5x | |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1157 | −0.016% | $31K | $19K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1156 | −0.093% | $3.2M | $6.0M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1156 | −0.111% | $2.8M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1156 | −0.094% | $693K | $1.9M | 20x | as long as short |
Deribit AVNT_USDC-PERPETUAL
Backpack AVNT_USDC_PERP
BloFin AVNT-USDT
Lighter AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVNT_USDT | +0.0100% | 8h | 0.1157 | −0.008% | $230K | $102K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1157 | −0.008% | $2.4M | $819K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1158 | +0.087% | $656K | $201K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1156 | −0.060% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1156 | −0.084% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1158 | +0.078% | $196K | $1.0M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1158 | +0.105% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1157 | −0.008% | $35K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1156 | −0.102% | $25K | $209K | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0288% | 1h | 0.1155 | −0.163% | $17K | $9K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0838% | 1h | 0.1157 | +0.010% | $7K | — | 100x | as long as short |
Gate AVNT_USDT
MEXC AVNT_USDT
Bitget AVNTUSDT
BingX AVNT-USDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
Coinbase International AVNT-PERP-INTX
GMX AVNT/USD [ETH-USDC]