Settings8H · net · $10k
Funding arb · Price arb /

GAS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin+0.072%7-day average +0.034% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.072%, 7d avg +0.034%
Together, before fees+0.133%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 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 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GASUSDTM1.38870.0100pay 0.0050% / 4h1h 07m$181K$14K30x
ShortHyperliquid GAS1.38970.0100get 0.0013% / 1h7m 30s$103K$58K3x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.072% → +0.034%
$3.84
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.16
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 33 min ago; Hyperliquid: live order book, 51 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 33 min ago10.84 bp118.5 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 51 min ago1.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

GAS on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GAS-USDT+0.0070%4h1.3890+0.022%$2.3Mas long as short
BloFin GAS-USDT+0.0090%4h1.3910+0.166%$75K$24K75xas long as short
Hyperliquid GASshort+0.0100%1h1.3897+0.072%$103K$58K3x
Binance GASUSDT+0.0100%4h1.3895+0.058%$1.5M$1.7M50xas long as short
Bybit GASUSDT+0.0100%4h1.3908+0.151%$836K$290K25xas long as short
OKX GAS-USDT-SWAP+0.0100%4h1.3878−0.065%$371K$257K20xas long as short
MEXC GAS_USDT+0.0100%4h1.3880−0.050%$864K$135K50xas long as short
KuCoin GASUSDTMlong+0.0100%4h1.3887long leg$181K$14K30x
Bitget GASUSDT+0.0100%4h1.3880−0.050%$370K$292K50xas long as short
Variational Omni GAS+0.0100%4h1.3899+0.089%$5K$2as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GAS_USDT+0.0946%4h1.3840−0.338%$105K$82K25xas long as short