Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.053%
Price spread now: KuCoin against Hyperliquid−0.069%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.069%, 7d avg −0.041%
=Together, before fees+0.007%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 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: KuCoin is 0.029% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BNB | 791.58 | 0.0100 | pay 0.0013% / 1h | 28m 47s | $51.9M | $17.6M | 10x |
| Short | KuCoin BNBUSDTM | 791.03 | 0.0100 | get 0.0100% / 8h | 4h 28m | $27.7M | $10.3M | 75x |
Hyperliquid BNB
KuCoin BNBUSDTMFunding 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
- $0
- Price spread: −0.069% → −0.041%
- −$2.88
- Slippage, 4 orders
- −$11.9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$35.78
- Costs to cover
- 0.329%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago | 0.69 bp | 6.1 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.06 bp | 12.0 bp −$12 | 22.9 bp −$229 | 56.6 bp −$5,658 | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0186% / S +0.0351% | 1h | 791.60 | +0.003% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 791.84 | +0.033% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 791.66 | +0.010% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 791.62 | +0.005% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.707% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0044% | 8h | 791.53 | −0.006% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0052% | 8h | 791.13 | −0.057% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0063% | 8h | 792.05 | +0.059% | $69.3M | $49.9M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | −0.269% | $582K | $1.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0066% | 8h | 791.80 | +0.028% | $80.3M | $12.3M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0067% | 8h | 791.54 | −0.005% | $494.3M | $788.7M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 791.19 | −0.049% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 791.68 | +0.013% | $266K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 791.30 | −0.035% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNBlong | +0.0100% | 1h | 791.58 | long leg | $51.9M | $17.6M | 10x | |
| Pacifica BNB | +0.0100% | 1h | 791.33 | −0.031% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 791.10 | −0.061% | $139.1M | $74.6M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 791.00 | −0.073% | $53.5M | $111.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 791.80 | +0.028% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 790.85 | −0.092% | $35.4M | $56.8M | 75x | as long as short |
| KuCoin BNBUSDTMshort | +0.0100% | 8h | 791.03 | −0.069% | $27.7M | $10.3M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 790.57 | −0.128% | $76.5M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 791.63 | +0.006% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 791.31 | −0.034% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 791.99 | +0.052% | $4.1M | $73.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.95 | −0.080% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 791.46 | −0.015% | $134K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 791.76 | +0.023% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 792.04 | +0.058% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 791.80 | +0.028% | $389K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 791.71 | +0.017% | $8.1M | $9.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 791.89 | +0.039% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 790.75 | −0.105% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 791.71 | +0.016% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 791.77 | +0.024% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0138% | 1h | 790.94 | −0.081% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0145% | 8h | 792.31 | +0.092% | $3.0M | $28.5M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0180% | 8h | 792.00 | +0.053% | $125K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 792.22 | +0.081% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 792.08 | +0.063% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0245% | 1h | 789.82 | −0.222% | $640K | $9K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 791.59 | +0.001% | $2.5M | $1.2M | 50x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 791.30 | −0.035% | $6K | $3K | 40x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 792.18 | +0.075% | $1.5M | $143K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0424% | 1h | 791.66 | +0.010% | $68K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 791.83 | +0.031% | $1.1M | $973K | 20x | as long as short |
Binance BNBUSDT
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Bulk BNB-USD
Kraken Futures PF_BNBUSD
Reya BNBRUSDPERP
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P
RISEx BNB/USDC