Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: KuCoin against Hyperliquid−0.153%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
Funding, last 7 days−0.329%−$33 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.153%, 7d avg −0.134%
=Together, before fees−0.276%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid CHIP | 0.04711 | 0.0100 | pay 0.0013% / 1h | 34m 43s | $14.8M | $6.8M | 3x |
| Short | KuCoin CHIPUSDTM | 0.04704 | 0.0100 | get 0.0050% / 4h | 34m 43s | $991K | $1.1M | 50x |
Funding 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: −0.153% → −0.134%
- −$1.92
- Slippage, 4 orders
- −$93.58
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$116.5
- Costs to cover
- 1.146%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 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, 8 min ago | 0.64 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 6.38 bp | 37.1 bp −$37 | 480.4 bp −$4,804 | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.1250% | 1h | 0.04703 | −0.174% | $14K | $234K | 5x | as long as short |
| Phoenix CHIP | −0.0173% | 1h | 0.04708 | −0.068% | $3K | $140K | 5x | as long as short |
| Aftermath Perps CHIPUSD | −0.0078% | 1h | 0.04704 | −0.143% | $87 | $39K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0054% | 4h | 0.04697 | −0.301% | $2.0M | $9.3M | 20x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | 0.0000% | 1h | 0.04711 | −0.011% | $10K | $24K | 10x | as long as short |
| ApeX Omni CHIPUSDT | +0.0026% | 1h | 0.04714 | +0.059% | $14K | $248K | 50x | as long as short |
| Extended CHIP-USD | +0.0032% | 1h | 0.04700 | −0.244% | $215K | $1.3M | 5x | as long as short |
| Binance CHIPUSDT | +0.0032% | 4h | 0.04698 | −0.280% | $14.1M | $26.2M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0032% | 4h | 0.04701 | −0.217% | $1.8M | $1.1M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0046% | 4h | 0.04699 | −0.259% | $10.9M | $8.9M | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CHIP-USDT | +0.0057% | 4h | 0.04703 | −0.174% | $549K | $67K | 50x | as long as short |
| Lighter CHIP | +0.0096% | 1h | 0.04701 | −0.217% | $87K | $108K | 3x | as long as short |
| Hyperliquid CHIPlong | +0.0100% | 1h | 0.04711 | long leg | $14.8M | $6.8M | 3x | |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04705 | −0.123% | $51K | $236K | 5x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04700 | −0.233% | $13K | $628 | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04709 | −0.047% | $696K | $912K | 50x | as long as short |
| KuCoin CHIPUSDTMshort | +0.0100% | 4h | 0.04704 | −0.153% | $991K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04704 | −0.153% | $2.0M | $3.2M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04699 | −0.259% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04704 | −0.143% | $885K | $468K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04705 | −0.132% | $922 | $1.1M | 10x | as long as short |
| Nado CHIP-PERP | +0.0375% | 1h | 0.04704 | −0.153% | $235K | $18K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0840% | 1h | 0.04739 | +0.584% | $46K | $41K | 50x | as long as short |
Hyperliquid CHIP
KuCoin CHIPUSDTM
Backpack CHIP_USDC_PERP
Phoenix CHIP
Aftermath Perps CHIPUSD
OKX CHIP-USDT-SWAP
Deribit CHIP_USDC-PERPETUAL
ApeX Omni CHIPUSDT
Extended CHIP-USD
Binance CHIPUSDT
MEXC CHIP_USDT
Bybit CHIPUSDT
BloFin CHIP-USDT
Lighter CHIP
Aster CHIPUSDT
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Coinbase International CHIP-PERP-INTX