Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: KuCoin against Bulk+0.115%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 4 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.115%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.153% dearer against Bulk than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk HYPE-USD | 94.332 | 0.0100 | pay 0.0013% / 1h | 41m 51s | $218K | $12K | 10x |
| Short | KuCoin HYPEUSDTM | 94.440 | 0.0100 | get 0.0050% / 4h | 41m 51s | $46.7M | $18.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bulk. 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: +0.115% → −0.038%
- $15.26
- Slippage, 4 orders
- −$9.82
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$13.56
- Costs to cover
- 0.288%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 62 min ago; KuCoin: live order book, 7 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 Bulk live order book, 62 min ago | 0.54 bp | 4.0 bp −$4 | 5.9 bp −$59 | 13.0 bp −$1,300 | 31.4 bp −$15.7K |
| Sell KuCoin live order book, 7 min ago | 0.48 bp | 10.9 bp −$11 | 14.6 bp −$146 | doesn't fit | doesn't fit |
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1440% | 1h | 94.200 | −0.140% | $201K | $250K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0359% | 1h | 94.428 | +0.102% | $80K | $154K | 20x | as long as short |
| Bullet HYPE-USD | −0.0155% | 1h | 94.458 | +0.134% | $112K | $576K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0142% | 1h | 94.370 | +0.041% | $712K | $1.2M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0132% | 1h | 94.475 | +0.153% | $22K | $20K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0104% | 1h | 94.467 | +0.144% | $87K | $366K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.436 | +0.111% | $3K | $331 | 25x | as long as short |
| Arcus HYPE-USD | −0.0045% | 1h | 94.442 | +0.117% | $1.0M | $3.6M | 10x | as long as short |
| Bybit HYPEUSDT | −0.0012% | 8h | 94.410 | +0.083% | $317.5M | $289.3M | 75x | as long as short |
| Derive HYPE-PERP | −0.0008% | 1h | 94.394 | +0.066% | $16.5M | $7.5M | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 94.413 | +0.086% | $129K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.531 | +0.211% | $1.9M | $5.6M | 2.3x | as long as short |
| Phoenix HYPE | 0.0000% | 1h | 94.489 | +0.167% | $209K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.436 | +0.110% | $19K | $287K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S 0.0000% | 1h | 94.466 | +0.143% | $123K | — | 150x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0002% | 4h | 94.421 | +0.095% | $146K | $685K | 20x | as long as short |
| Bitget HYPEUSDT | +0.0040% | 4h | 94.404 | +0.077% | $226.9M | $99.7M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0042% | 8h | 94.418 | +0.092% | $12.9M | $2.9M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0058% | 8h | 94.479 | +0.156% | $338K | $156K | 20x | as long as short |
| Lighter HYPE | +0.0064% | 1h | 94.402 | +0.074% | $16.3M | $64.0M | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0064% | 1h | 94.460 | +0.136% | $4.7M | $6.2M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0083% | 8h | 94.425 | +0.099% | $117.8M | $324.9M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0089% | 1h | 94.521 | +0.201% | $7.4M | $4.3M | 50x | as long as short |
| Polymarket Perps HYPE-USD | +0.0093% | 1h | 94.486 | +0.164% | $496K | $2.8M | 20x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 94.499 | +0.177% | $5.0M | $30.8M | 30x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.405 | +0.078% | $3.2M | $10.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.449 | +0.124% | $81K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.470 | +0.147% | $31K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.451 | +0.127% | $7.3M | $52.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.548 | +0.229% | $2.08B | $690.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.415 | +0.089% | $8.8M | $37.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.492 | +0.170% | $10.2M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.401 | +0.073% | $378.3M | $934.1M | 75x | as long as short |
| Bulk HYPE-USDlong | +0.0100% | 1h | 94.332 | long leg | $218K | $12K | 10x | |
| Gate HYPE_USDT | +0.0100% | 4h | 94.431 | +0.105% | $49.7M | $56.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.436 | +0.111% | $90.5M | $82.6M | 100x | as long as short |
| KuCoin HYPEUSDTMshort | +0.0100% | 4h | 94.440 | +0.115% | $46.7M | $18.9M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 94.428 | +0.102% | — | $53.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.428 | +0.102% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.467 | +0.143% | $29.4M | $54.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.461 | +0.137% | $7.6M | $45.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.450 | +0.126% | $369K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.471 | +0.148% | $683K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.534 | +0.214% | — | $243K | 5x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.496 | +0.174% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.440 | +0.115% | $2.1M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.597 | +0.281% | $1.4M | $6.8M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.406 | +0.079% | $18.3M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.457 | +0.132% | $399K | $159K | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0150% / S +0.0021% | 1h | 94.496 | +0.174% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0185% | 1h | 94.740 | +0.433% | $31K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0223% | 1h | 94.504 | +0.183% | $20.3M | $30.2M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0249% | 1h | 94.486 | +0.163% | $3.2M | $6.4M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.447 | +0.123% | $84K | $124K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.460 | +0.136% | $17.1M | $12.4M | 75x | as long as short |
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bluefin HYPE-PERP
Bullet HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Bybit HYPEUSDT
Derive HYPE-PERP
Kalshi KXHYPEPERP
Phoenix HYPE
gTrade (Gains Network) HYPE/USD
Bitget HYPEUSDT
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Lighter HYPE
Coinbase International HYPE-PERP-INTX
OKX HYPE-USDT-SWAP
Deribit HYPE_USDC-PERPETUAL
Polymarket Perps HYPE-USD
edgeX HYPEUSDC
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Gate HYPE_USDT
MEXC HYPE_USDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC
BloFin HYPE-USDT