Funding you earn now, next payment 07:00 UTC−0.0883%/8h= −96.7% APRpaid last 24h −0.241%
Price spread now: KuCoin against Hyperliquid+0.031%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2712.706% of the position
Funding, last 7 days−0.510%−$51 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.031%, 7d avg +0.013%
=Together, before fees−0.483%+ Points / potential airdropHyperliquid: Season 2 · farm board−$48 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$26 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.510% in total (about -26.6% 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 BSV | 19.254 | 0.0983 | pay 0.0123% / 1h | 42m 39s | $693K | $286K | 3x |
| Short | KuCoin BSVUSDTM | 19.260 | 0.0100 | get 0.0050% / 4h | 1h 42m | $670K | $86K | 30x |
Hyperliquid BSV
KuCoin BSVUSDTMFunding 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
- −$185.4
- Price spread: +0.031% → +0.013%
- $1.82
- Slippage, 4 orders
- −$249.58
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$454.16
- Costs to cover
- 2.706%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 27 min ago; KuCoin: live order book, 22 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, 27 min ago | 2.08 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 22 min ago | 7.78 bp | 113.5 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
BSV on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BSV-USDT | +0.0092% | 4h | 19.240 | −0.073% | $120K | $217K | 75x | as long as short |
| Binance BSVUSDT | +0.0100% | 4h | 19.239 | −0.079% | $1.8M | $4.3M | 75x | as long as short |
| Bybit BSVUSDT | +0.0100% | 4h | 19.210 | −0.229% | $1.7M | $1.4M | 75x | as long as short |
| Gate BSV_USDT | +0.0100% | 4h | 19.200 | −0.280% | $1.8M | $2.7M | 50x | as long as short |
| MEXC BSV_USDT | +0.0100% | 4h | 19.220 | −0.177% | $2.5M | $713K | 125x | as long as short |
| KuCoin BSVUSDTMshort | +0.0100% | 4h | 19.260 | +0.031% | $670K | $86K | 30x | |
| Bitget BSVUSDT | +0.0100% | 4h | 19.230 | −0.125% | $2.0M | $861K | 75x | as long as short |
| BingX BSV-USDT | +0.0100% | 4h | 19.210 | −0.229% | — | $2.4M | — | as long as short |
| Injective BSV/USDC PERP | +0.0361% | 1h | 19.190 | −0.332% | $4K | $94K | 5.5x | as long as short |
| Hyperliquid BSVlong | +0.0983% | 1h | 19.254 | long leg | $693K | $286K | 3x |
BloFin BSV-USDT
Binance BSVUSDT
Bybit BSVUSDT
Gate BSV_USDT
MEXC BSV_USDT
Bitget BSVUSDT
BingX BSV-USDT
Injective BSV/USDC PERP