Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin+0.147%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2092.094% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.147%, 7d avg +0.074%
=Together, before fees−0.050%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 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 0.073% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AXSUSDTM | 1.0850 | 0.0100 | pay 0.0050% / 4h | 55m 17s | $615K | $306K | 50x |
| Short | Hyperliquid AXS | 1.0866 | 0.0100 | get 0.0013% / 1h | 55m 17s | $267K | $297K | 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: +0.147% → +0.074%
- $7.31
- Slippage, 4 orders
- −$188.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$202.12
- Costs to cover
- 2.094%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Hyperliquid: 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 KuCoin live order book, 8 min ago | 9.30 bp | 95.0 bp −$95 | 425.6 bp −$4,256 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.78 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
AXS on 20 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_AXSUSD | −0.0238% | 1h | 1.0858 | +0.074% | $142K | $310K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −1.198% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0073% | 4h | 1.0860 | +0.092% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0078% | 4h | 1.0858 | +0.074% | $276K | $17K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0884 | +0.313% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXSshort | +0.0100% | 1h | 1.0866 | +0.147% | $267K | $297K | 5x | |
| Aster AXSUSDT | +0.0100% | 4h | 1.0866 | +0.149% | $75K | $11K | 10x | as long as short |
| Binance AXSUSDT | +0.0100% | 4h | 1.0858 | +0.077% | $6.1M | $9.5M | 75x | as long as short |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0870 | +0.184% | $3.8M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0858 | +0.074% | $1.4M | $2.9M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0865 | +0.138% | $978K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0857 | +0.065% | $11.5M | $741K | 50x | as long as short |
| KuCoin AXSUSDTMlong | +0.0100% | 4h | 1.0850 | long leg | $615K | $306K | 50x | |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0860 | +0.092% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0862 | +0.111% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0849 | −0.013% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perp | +0.0100% | 4h | 1.0819 | −0.286% | $769K | $867K | 10x | as long as short |
| SunX AXS-USDT | +0.0100% | 4h | 1.0866 | +0.147% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0857 | +0.065% | $706 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0858 | +0.072% | $7K | $156K | 10x | as long as short |
KuCoin AXSUSDTM
Hyperliquid AXS
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
BloFin AXS-USDT
Lighter AXS
Aster AXSUSDT
Binance AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDT
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
GRVT AXS_USDT_Perp
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD