Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against KuCoin−0.084%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs+$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days+0.481%+$48 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.084%, 7d avg +0.011%
=Funding pays, the price is against you. BloFin is 0.096% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.011%). If the spread goes back, that is −$10 on $10k: about 32 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HYPEUSDTM | 93.637 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $46.7M | $18.7M | 75x |
| Short | BloFin HYPE-USDT | 93.558 | 0.0340 | get 0.0170% / 4h | 2h 52m | $16.9M | $11.9M | 75x |
KuCoin HYPEUSDTM
BloFin HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: −0.084% → +0.011%
- −$9.58
- Slippage, 4 orders
- −$10.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $6.77
- Costs to cover
- 0.341%
- Break-even
- 6.1 days
Slippage from KuCoin: live order book, 11 min ago; BloFin: live order book, 6 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, 11 min ago | 0.91 bp | 10.6 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.05 bp | 6.3 bp −$6 | 8.8 bp −$88 | 12.9 bp −$1,288 | 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 | −0.1896% | 1h | 93.264 | −0.398% | $196K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0369% | 1h | 93.468 | −0.181% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0131% | 1h | 93.559 | −0.083% | $112K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.504 | −0.142% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 93.543 | −0.100% | $88K | $365K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0034% | 4h | 93.551 | −0.092% | $146K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0031% | 1h | 93.540 | −0.104% | $705K | $1.2M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.605 | −0.034% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.518 | −0.127% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.580 | −0.061% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.495 | −0.152% | $1.0M | $3.9M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0020% | 8h | 93.532 | −0.112% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0022% | 4h | 93.649 | +0.013% | $226.6M | $99.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 93.660 | +0.025% | $318.6M | $283.5M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.546 | −0.097% | $209K | $1.2M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0089% | 1h | 93.565 | −0.077% | $79K | $166K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.441 | −0.209% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.562 | −0.080% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.663 | +0.028% | $16.2M | $62.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.662 | +0.027% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.528 | −0.116% | $77K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.510 | −0.136% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.544 | −0.099% | $7.6M | $48.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.702 | +0.069% | $2.04B | $665.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.657 | +0.021% | $8.8M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.695 | +0.062% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.667 | +0.032% | $375.6M | $910.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.667 | +0.032% | $115.0M | $309.2M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.328 | −0.330% | $203K | $3K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.660 | +0.025% | $46.4M | $53.9M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.671 | +0.036% | $92.2M | $80.2M | 100x | as long as short |
| KuCoin HYPEUSDTMlong | +0.0100% | 4h | 93.637 | long leg | $46.7M | $18.7M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.647 | +0.011% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.625 | −0.013% | $7.3M | $11.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.529 | −0.116% | $28.7M | $56.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.637 | 0.000% | $7.6M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.532 | −0.112% | $343K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.435 | −0.216% | $668K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.564 | −0.078% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.576 | −0.065% | $490K | $2.7M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.534 | −0.110% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.508 | −0.138% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.562 | −0.080% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.715 | +0.083% | $1.4M | $6.4M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.631 | −0.006% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.544 | −0.100% | $395K | $161K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.770 | +0.142% | $30K | $339K | 12x | as long as short |
| Kalshi KXHYPEPERP | +0.0125% | 8h | 93.630 | −0.007% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.620 | −0.018% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0267% | 1h | 93.560 | −0.083% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.576 | −0.065% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDTshort | +0.0340% | 4h | 93.558 | −0.084% | $16.9M | $11.9M | 75x | |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.632 | −0.005% | $20.9M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0445% | 1h | 93.657 | +0.021% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.593 | −0.047% | $3.2M | $6.3M | 20x | as long as short |
Arcus HYPE-USD
Phemex HYPEUSDT
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Bluefin HYPE-PERP
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
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
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC