Funding you earn now, next payment 00:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.025%
Price spread now: KuCoin against Hyperliquid−0.210%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days+0.195%+$20 · spread now −0.210%, 7d avg −0.068%
=Together, before fees+0.099%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.141% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HBAR | 0.09342 | 0.0100 | pay 0.0013% / 1h | 3m 13s | $8.9M | $2.9M | 5x |
| Short | KuCoin HBARUSDTM | 0.09322 | −0.0074 | pay 0.0074% / 8h | 3m 13s | $7.4M | $7.8M | 75x |
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
- −$36.54
- Price spread: −0.210% → −0.068%
- −$14.14
- Slippage, 4 orders
- −$24.64
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$96.32
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 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, 9 min ago | 0.49 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.16 bp | 15.6 bp −$16 | 41.4 bp −$414 | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HBARUSDTMshort | −0.0074% | 8h | 0.09322 | −0.210% | $7.4M | $7.8M | 75x | |
| Gate HBAR_USDT | −0.0031% | 8h | 0.09324 | −0.188% | $2.4M | $3.6M | 75x | as long as short |
| dYdX HBAR-USD | 0.0000% | 1h | 0.09328 | −0.142% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09333 | −0.092% | $514K | $166K | 50x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09329 | −0.130% | $8K | — | 150x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09326 | −0.167% | $222K | $2.2M | 50x | as long as short |
| Variational Omni HBAR | +0.0076% | 8h | 0.09262 | −0.849% | $1.0M | $202K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09323 | −0.199% | $2K | $17K | 10x | as long as short |
| MEXC HBAR_USDT | +0.0086% | 8h | 0.09324 | −0.188% | $26.0M | $22.5M | 200x | as long as short |
| Binance HBARUSDT | +0.0088% | 8h | 0.09325 | −0.178% | $35.1M | $109.6M | 75x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended HBAR-USD | +0.0088% | 1h | 0.09323 | −0.198% | $51K | $218K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09321 | −0.221% | $572K | $592K | 5x | as long as short |
| Hyperliquid HBARlong | +0.0100% | 1h | 0.09342 | long leg | $8.9M | $2.9M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09329 | −0.139% | $213K | $429K | 50x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09324 | −0.188% | $33.2M | $36.6M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09328 | −0.146% | $6.9M | $25.3M | 50x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09327 | −0.156% | $17.3M | $14.9M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09324 | −0.188% | — | $5.9M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09330 | −0.124% | $34K | $101K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09274 | −0.724% | $381K | $2.2M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09282 | −0.638% | $149K | $709K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09325 | −0.178% | $433 | $6K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09344 | +0.026% | $74K | $55K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09323 | −0.199% | $2.2M | $2.2M | 50x | as long as short |
| BloFin HBAR-USDT | +0.0207% | 8h | 0.09280 | −0.659% | $1.5M | $5.8M | 90x | as long as short |
| Injective HBAR/USDC PERP | +0.0242% | 1h | 0.09267 | −0.799% | $1K | $112K | 12x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0410% | 1h | 0.09333 | −0.089% | $1.4M | $2.3M | 50x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0449% / S −0.0478% | 1h | 0.09329 | −0.133% | $105K | — | 100x | as long as short |
Hyperliquid HBAR
KuCoin HBARUSDTM
Gate HBAR_USDT
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
MEXC HBAR_USDT
Binance HBARUSDT
Extended HBAR-USD
Lighter HBAR
Aster HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
BloFin HBAR-USDT
Injective HBAR/USDC PERP
Kraken Futures PF_HBARUSD
GMX HBAR/USD [WBTC.b-USDC]