Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.083%
Price spread now: Hyperliquid against KuCoin+0.276%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 7 days−0.259%−$26 · spread now +0.276%, 7d avg +0.050%
=Together, before fees−0.123%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 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 0.226% dearer against KuCoin than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FETUSDTM | 0.2044 | 0.0100 | pay 0.0100% / 8h | 4h 52m | $10.8M | $18.8M | 50x |
| Short | Hyperliquid FET | 0.2050 | 0.0100 | get 0.0013% / 1h | 52m 54s | $9.0M | $8.4M | 5x |
KuCoin FETUSDTM
Hyperliquid FETFunding 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: +0.276% → +0.050%
- $22.6
- Slippage, 4 orders
- −$42.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$40.57
- Costs to cover
- 0.632%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Hyperliquid: live order book, 9 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, 6 min ago | 2.43 bp | 26.4 bp −$26 | 70.2 bp −$702 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 1.22 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
FET 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.3155% | 1h | 0.2049 | +0.245% | $39K | $304K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0984% | 1h | 0.2050 | +0.294% | $148K | $234K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0448% | 1h | 0.2051 | +0.346% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0015% | 1h | 0.2049 | +0.234% | $23K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −1.663% | $3K | $166K | 12x | as long as short |
| Hyperliquid FETshort | +0.0100% | 1h | 0.2050 | +0.276% | $9.0M | $8.4M | 5x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2048 | +0.176% | $209K | $792K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2042 | −0.083% | $31.6M | $112.8M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.2048 | +0.196% | $2.8M | $12.4M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2043 | −0.049% | $30.5M | $23.9M | 200x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FETUSDTMlong | +0.0100% | 8h | 0.2044 | long leg | $10.8M | $18.8M | 50x | |
| Variational Omni FET | +0.0100% | 8h | 0.2066 | +1.084% | $345K | $423K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2047 | +0.147% | $38K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2047 | +0.148% | $36K | $249K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0202% / S −0.0278% | 1h | 0.2048 | +0.180% | $14K | — | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0203% | 4h | 0.2041 | −0.147% | $1.1M | $8.2M | 20x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2049 | +0.245% | $1.8M | $3.0M | 100x | as long as short |
| BingX FET-USDT | +0.0332% | 8h | 0.2042 | −0.098% | — | $5.9M | — | as long as short |
| Bitget FETUSDT | +0.0343% | 8h | 0.2045 | +0.049% | $16.6M | $11.8M | 75x | as long as short |
| Phoenix FET | +0.0505% | 1h | 0.2055 | +0.548% | $36K | $39K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
OKX FET-USDT-SWAP
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Phoenix FET