Funding you earn now, next payment 23:00 UTC+0.1057%/8h= +115.8% APRpaid last 24h +0.174%
Price spread now: Hyperliquid against KuCoin+0.071%7-day average +0.182% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.479%+$48 on $10k
+Price spread, last 7 days+0.145%+$14 · spread now +0.071%, 7d avg +0.182%
=Together, before fees+0.623%+ Points / potential airdropHyperliquid: Season 2 · farm board+$62 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.110% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.071% now, against its 7-day average of +0.182%). If the spread goes back, that is −$11 on $10k: about 8 hours of funding at the current rate (+$32 a day). At the pace of the last 7 days (+0.479% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.479% in total (about 25.0% 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 | KuCoin GRASSUSDTM | 0.4353 | 0.0142 | pay 0.0071% / 4h | 1h 54m | $1.5M | $983K | 50x |
| Short | Hyperliquid GRASS | 0.4356 | 0.1199 | get 0.0150% / 1h | 54m 39s | $16.1M | $2.7M | 3x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $221.99
- Price spread: +0.071% → +0.182%
- −$11.04
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $189.95
- Costs to cover
- 0.210%
- Break-even
- 1.0 days
Slippage unknown: KuCoin: live order book, 11 min ago; Hyperliquid: live order book, 8 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, 11 min ago | 8.98 bp | 62.1 bp −$62 | 421.7 bp −$4,217 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 5.94 bp | 16.9 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
GRASS on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya GRASSRUSDPERP | −0.0114% | 1h | 0.4374 | +0.477% | $657 | — | 15x | as long as short |
| Injective GRASS/USDC PERP | +0.0033% | 1h | 0.4267 | −1.976% | $7 | $23K | 5.5x | as long as short |
| Bybit GRASSUSDT | +0.0100% | 4h | 0.4344 | −0.204% | $24.3M | $11.2M | 25x | as long as short |
| OKX GRASS-USDT-SWAP | +0.0100% | 4h | 0.4341 | −0.276% | $3.2M | $8.6M | 20x | as long as short |
| Gate GRASS_USDT | +0.0100% | 4h | 0.4347 | −0.138% | $1.2M | $1.3M | 50x | as long as short |
| Bitget GRASSUSDT | +0.0100% | 4h | 0.4356 | +0.067% | $5.2M | $2.2M | 75x | as long as short |
| Variational Omni GRASS | +0.0100% | 4h | 0.4451 | +2.254% | $2.2M | $1.1M | — | as long as short |
| KuCoin GRASSUSDTMlong | +0.0142% | 4h | 0.4353 | long leg | $1.5M | $983K | 50x | |
| BloFin GRASS-USDT | +0.0357% | 4h | 0.4380 | +0.620% | $583K | $271K | 20x | as long as short |
| Binance GRASSUSDT | +0.0360% | 4h | 0.4352 | −0.015% | $10.8M | $17.6M | 75x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GRASS_USDT | +0.0374% | 4h | 0.4354 | +0.023% | $1.5M | $1.5M | 100x | as long as short |
| Extended GRASS-USD | +0.0376% | 1h | 0.4349 | −0.085% | $214K | $823K | 10x | as long as short |
| BingX GRASS-USDT | +0.0376% | 4h | 0.4354 | +0.023% | — | $7.1M | — | as long as short |
| Hyperliquid GRASSshort | +0.1199% | 1h | 0.4356 | +0.071% | $16.1M | $2.7M | 3x | |
| Aster GRASSUSDT | +0.1390% | 4h | 0.4359 | +0.141% | $64K | $131K | 10x | as long as short |
| Kraken Futures PF_GRASSUSD | +0.1468% | 1h | 0.4371 | +0.421% | $161K | $87K | 20x | as long as short |
| Lighter GRASS | +0.2112% | 1h | 0.4370 | +0.386% | $762K | $635K | 5x | as long as short |
KuCoin GRASSUSDTM
Hyperliquid GRASS
Injective GRASS/USDC PERP
Bybit GRASSUSDT
OKX GRASS-USDT-SWAP
Gate GRASS_USDT
Bitget GRASSUSDT
Variational Omni GRASS
BloFin GRASS-USDT
Binance GRASSUSDT
MEXC GRASS_USDT
Extended GRASS-USD
BingX GRASS-USDT
Aster GRASSUSDT
Kraken Futures PF_GRASSUSD
Lighter GRASS