Funding you earn now, next payment 04:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.043%
Price spread now: Hyperliquid against KuCoin+0.170%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now +0.170%, 7d avg +0.070%
=Together, before fees−0.028%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.100% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HBARUSDTM | 0.09156 | 0.0002 | pay 0.0002% / 8h | 4h 51m | $7.1M | $7.2M | 75x |
| Short | Hyperliquid HBAR | 0.09172 | 0.0100 | get 0.0013% / 1h | 51m 45s | $8.7M | $2.7M | 5x |
KuCoin HBARUSDTM
Hyperliquid HBARFunding 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
- $20.58
- Price spread: +0.170% → +0.070%
- $10
- Slippage, 4 orders
- −$30.98
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$21.4
- Costs to cover
- 0.520%
- Break-even
- 14.3 days
Slippage from KuCoin: live order book, 1 min ago; Hyperliquid: live order book, 11 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, 1 min ago | 3.26 bp | 18.6 bp −$19 | 57.4 bp −$574 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.60 bp | 9.6 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09161 | +0.053% | $30K | $4K | 5x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | 0.0000% | 1h | 0.09171 | +0.164% | $505K | $153K | 50x | as long as short |
| KuCoin HBARUSDTMlong | +0.0002% | 8h | 0.09156 | long leg | $7.1M | $7.2M | 75x | |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0014% | 1h | 0.09170 | +0.149% | $8K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | +1.376% | $1K | $105K | 12x | as long as short |
| Gate HBAR_USDT | +0.0046% | 8h | 0.09143 | −0.142% | $2.4M | $2.8M | 75x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0064% | 1h | 0.09174 | +0.197% | $225K | $2.0M | 50x | as long as short |
| Variational Omni HBAR | +0.0076% | 8h | 0.09225 | +0.753% | $1.0M | $187K | — | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09165 | +0.098% | $2K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09155 | −0.011% | $556K | $593K | 5x | as long as short |
dYdX HBAR-USD
Deribit HBAR_USDC-PERPETUAL
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
Gate HBAR_USDT
Coinbase International HBAR-PERP-INTX
Variational Omni HBAR
Orderly PERP_HBAR_USDC
Lighter HBARShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid HBARshort | +0.0100% | 1h | 0.09172 | +0.170% | $8.7M | $2.7M | 5x | |
| Aster HBARUSDT | +0.0100% | 8h | 0.09172 | +0.180% | $210K | $318K | 50x | as long as short |
| Binance HBARUSDT | +0.0100% | 8h | 0.09156 | −0.002% | $33.7M | $104.7M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09146 | −0.109% | $32.4M | $33.9M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09145 | −0.120% | $6.6M | $24.3M | 50x | as long as short |
| MEXC HBAR_USDT | +0.0100% | 8h | 0.09157 | +0.011% | $25.7M | $19.5M | 200x | as long as short |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09146 | −0.109% | $16.8M | $15.1M | 75x | as long as short |
| BingX HBAR-USDC | +0.0100% | 8h | 0.09147 | −0.098% | — | $6.7M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09169 | +0.142% | $36K | $168K | 15x | as long as short |
| GRVT HBAR_USDT_Perp | +0.0100% | 8h | 0.09205 | +0.535% | $374K | $2.4M | 10x | as long as short |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09193 | +0.404% | $147K | $714K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09164 | +0.087% | $425 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09218 | +0.677% | $70K | $66K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09167 | +0.120% | $2.1M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09146 | −0.109% | $47K | $273K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09210 | +0.590% | $1.4M | $5.4M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0345% / S −0.0242% | 1h | 0.09168 | +0.133% | $79K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0396% | 1h | 0.09166 | +0.107% | $1.4M | $2.5M | 50x | as long as short |
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
MEXC HBAR_USDT
Bitget HBARUSDT
BingX HBAR-USDC
Backpack HBAR_USDC_PERP
GRVT HBAR_USDT_Perp
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD