Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%
Price spread now: Hyperliquid against KuCoin+0.017%7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now +0.017%, 7d avg +0.114%
=Together, before fees+0.161%+ Points / potential airdropHyperliquid: Season 2 · farm board+$16 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 0.097% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.7128 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $1.2M | $270K | 50x |
| Short | Hyperliquid ETHFI | 0.7129 | 0.0100 | get 0.0013% / 1h | 50m 51s | $18.1M | $8.9M | 5x |
KuCoin ETHFIUSDTM
Hyperliquid ETHFIFunding 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: +0.017% → +0.114%
- −$9.72
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$30.72
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; Hyperliquid: live order book, 12 min ago. Net counts fees only.
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, 4 min ago | 11.91 bp | 54.9 bp −$55 | 184.5 bp −$1,845 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 1.62 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ETHFI on 24 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 ETHFI_USDC-PERPETUAL | −0.0591% | 1h | 0.7125 | −0.042% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0254% | 1h | 0.7133 | +0.068% | $280K | $145K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0194% | 4h | 0.7112 | −0.224% | $82K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0175% | 4h | 0.7121 | −0.098% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.571% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0038% | 8h | 0.7118 | −0.144% | $6K | — | 5x | as long as short |
| Bitget ETHFIUSDT | +0.0062% | 4h | 0.7120 | −0.112% | $6.1M | $5.7M | 75x | as long as short |
| Extended ETHFI-USD | +0.0072% | 1h | 0.7118 | −0.142% | $92K | $495K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0074% | 4h | 0.7118 | −0.140% | $24.7M | $37.1M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0078% | 4h | 0.7119 | −0.126% | $15.0M | $3.8M | 125x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Bitget ETHFIUSDT
Extended ETHFI-USD
Binance ETHFIUSDT
MEXC ETHFI_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7125 | −0.045% | $1.1M | $898K | 5x | as long as short |
| Hyperliquid ETHFIshort | +0.0100% | 1h | 0.7129 | +0.017% | $18.1M | $8.9M | 5x | |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7133 | +0.066% | $182K | $256K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7125 | −0.042% | $18.2M | $12.9M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7122 | −0.084% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7126 | −0.028% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7128 | long leg | $1.2M | $270K | 50x | |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7125 | −0.042% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7124 | −0.058% | $1.0M | $746K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7123 | −0.076% | $59K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7129 | +0.014% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7115 | −0.182% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0297% | 4h | 0.7118 | −0.140% | $1.2M | $291K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7147 | +0.267% | $31K | $7K | 50x | as long as short |
Lighter ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX